Why You Should Start Investing in Crypto Currency Today from fexpost's blog
Bitcoin, the first cryptocurrency, was invented to work
in a decentralized manner and bring transparency to the current economic
system. Since its inception, Bitcoin has experienced significant value growth,
creating a new asset class.
Bitcoin has consistently outperformed stocks, bonds,
and real estate. Long-term investing in cryptocurrencies is a new way to
diversify assets in your portfolio and earn substantial profits.
While most new investors are wary of the downside of
cryptocurrency investments due to the high volatility, our research can help
you find the top 5 reasons to invest in cryptocurrencies.
With an ROI of over 7000% since launch, Bitcoin has
outperformed the returns on investment in other significant financial assets.
This year, cryptocurrency beats the traditional stock market and commodities,
including oil and gold. Therefore, Bitcoin has offered its investors much
higher returns than any other asset class. It is believed that Bitcoin is about
to set a new parabolic growth cycle for the next five years. Cryptocurrency
investments have the potential to give comfortable returns in the future.
The value of cryptocurrencies is underestimated at the
moment. Bitcoin Market Cap is currently at 376.17B, up from 368.98B just
yesterday and down from 610.80B one year ago. Gold has an $11.276 trillion
total market capitalization, and stocks are over $90 trillion. Experts have
predicted that crypto market capitalization will hit $5 Trillion by 2024. That
makes cryptocurrencies an excellent investment opportunity for yielding high
returns.
Blockchain has established itself as a tech of the
future. Due to its decentralization, adaptability, and scalable technology, it
has been adopted in almost every industry and brought digital assets and smart
contracts into existence. Blockchain lies at the core of many crypto investment
funds. Any emerging technology in the Gartner cycle has the promise to grow.
This growth is sure to unlock the potential of cryptocurrencies.
Digital currency exchanges enable borderless
transactions between people without needing any third party and maintain a high
level of privacy. That has made it possible to use cryptocurrencies for daily
transactions like any other form of digital payment system.
The rise of Bitcoin's price was the greatest and the
fastest that any asset or investment class has ever witnessed. Bitcoin has
helped early investors make over 7000% in profits, and the mechanism of halving
has made it possible to book high yields in short periods. The next halving is
coming up in a few months, and Bitcoin's circulation could decrease by as much
as 50% every four years.
Cryptocurrencies are a promising investment option due
to their superior underlying technology and potential for growth. And it is
always a good time to buy. You should assess your risk appetite and only invest
what you are willing to lose, as high returns come with increased risk.
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