What's the point with Crypto?
Important companies have already started issuing their own cryptocurrencies as a method of payment for their own services. One big failure everyone makes is that people literally think of cryptocurrencies as casino chips. The difference between these two is that, when you pay for the casino chips you have to do something with them, gamble them for gain or keep for playing tomorrow – and there is no point in that. A good side of cryptocurrency is that you don’t need to do anything when you invest, you can keep doing everyday stuff while waiting for the price to go up. There is a big amount of factors whether the price will go up or not, and we will discuss these through seven reasons why should everyone invest in crypto.
More about Crypto
After the insane rise of Bitcoin price, people who haven’t got on the train wonder whether it is late or not to invest in crypto, and this blog will also help with making the right decision. There are more than 9000 cryptocurrencies according to CoinMarketCap, and the value of these is higher than 2 trillion dollars. People see cryptocurrencies as the future of currencies, and no matter whether you agree with that or not, I recommend you not to invest believing in that since nature always wins and if ever the world's currency gets to be changed, “gold” is going to win the race. This blog will guide you to invest in cryptocurrency based on cryptos goals. Bitcoin, for example, has the goal to be the world's anonymous payment method, while Ethereum has the goal to be the computer of the world through which payments and everything is going to be made. What do you think, what should you invest in based on their goals?
Is Crypto Safe?
It is smart to write down that safe investment does not exist. As it is with any investment, so does cryptocurrency have its own amount of risks. People who were lucky enough to invest in Bitcoin are happy at the time of this text writing, while people who Invested in Litecoin are not. At the end of 2017, one Litecoin was worth more than 300$, at the beginning of 2019 – Litecoin was worth around 30$.
Crypto versus Stock Market?
One of the main differences between crypto and the Stock Market is that it is easy to invest in cryptocurrency and everyone can do it. Register on few websites, invest your money – and wait for it to grow. One of the best websites to do so is Skrill. We will talk about Skrill as the best option of crypto investment, later. The Stock Market is something more difficult, and it causes headaches to beginners. That is why Stock Market has agents that work for you, while Crypto Market has experts that guide your investments.
Can Crypto get hacked?
The sad part of the electronic world goes to the Crypto Market as well. Hackers have found their ways to hack blockchains, and if you be unsafe with your invested crypto – you will run out of it. Cryptocurrency platform Roll got hacked out of 5.7m dollars in March 2021. That is why we are recommending you to use Skrill, as it is one of the safest ways to invest your money, and we will talk about Skrill as the best investment option.
In one of the next releases of this blog, we will guide you to a new Bitcoin, or maybe even greater futuristic crypto. Keep up to date, we have the next trillion-dollar coin prepared for you.
