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Author Topic: Is it worth it to invest in cryptocurrencies?  (Read 12086 times)

Offline jamesparker

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Is it worth it to invest in cryptocurrencies?
« on: November 27, 2020, 02:41:02 PM »
The global economy is moving towards a digital ecosystem. From investment to money transfer in today's world everything is going to be paperless. The newest and most promising addition to the digital payment sector is cryptocurrency. Over the last two years, cryptocurrency has rapidly gained the public view. When the cryptocurrency is created all the confirmed transactions are stored in a public ledger. The ledger ensures that all the transactions between the digital wallets can calculate an accurate balance, All the transactions are checked to make sure that the coins are used to be owned by the current spender.

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Is it worth it to invest in cryptocurrencies?
« on: November 27, 2020, 02:41:02 PM »

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Offline StreakW

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Re: Is it worth it to invest in cryptocurrencies?
« Reply #1 on: November 27, 2020, 02:49:46 PM »
It is so worth it and you can try by yourself. And I think right now is the time.
But before you do it, you must learn more about which coin you should buy. I just won't give you a recommendation that Binance exchange is great for you...

Offline Mexite

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Re: Is it worth it to invest in cryptocurrencies?
« Reply #2 on: November 27, 2020, 02:55:11 PM »
It is worth it to invest in solid cryptocurrencies, and not just any project. A good crypto investment will be one that is legit, well established, secure, and has positive potential for growth. Bitcoin, Ethereum and only a few other altcoins fit tesare worthy.
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Re: Is it worth it to invest in cryptocurrencies?
« Reply #3 on: November 27, 2020, 07:00:34 PM »
As you already know that cryptocurrencies provide advanced solutions for payments, remittance, transfers, investements and much more and are based on the advanced blockchain technology so if you support this innovation you would know that why it is beneficial to invest in cryptocurrencies.

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Re: Is it worth it to invest in cryptocurrencies?
« Reply #4 on: November 27, 2020, 07:46:21 PM »
Cryptocurrency services are moving towards the digital ecosystem. I think these are big changes in the blockchain. It plays a role in overcoming the problems of financial transactions. I think cryptocurrency is a very important and easy medium for the community.

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Re: Is it worth it to invest in cryptocurrencies?
« Reply #5 on: November 27, 2020, 07:58:37 PM »
Cryptocurrencies are gradually becoming more and more popular, and the most important thing is that in the cryptocurrency sphere, you can earn both by investing your money and by not investing your money, as well, cryptocurrency technologies are already used in many countries in various fields and this suggests that there is already great trust in cryptocurrencies and do not forget that some countries have already legalized bitcoin and also if you have experience in investing in cryptocurrencies, then of course it is worth continuing to invest in cryptocurrencies, and if you have no experience, then get this experience and start investing in cryptocurrencies.
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Offline debra

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Re: Is it worth it to invest in cryptocurrencies?
« Reply #6 on: November 27, 2020, 11:38:15 PM »
I may be one of those people who has fallen in love with cryptocurrencies. I believe that crypto is a digital asset with great potential for investment. Especially coins that are very potential and also legit. Like BTC, ETH, and several other top coins. Especially at this time crypto is also very booming, during a pandemic, others are down, but crypto is actually increasing and being accepted by more and more people.
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Re: Is it worth it to invest in cryptocurrencies?
« Reply #6 on: November 27, 2020, 11:38:15 PM »


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Re: Is it worth it to invest in cryptocurrencies?
« Reply #7 on: November 27, 2020, 11:55:22 PM »
Of course, it is worth to invest in crypto because most crypto coins have volatility. It means with volatility, there is a chance to have big gaps between the price when you buy your coins and the price when you sell your coins. However, even if we know about the gaps, if we don't know the best time to sell, it will be nothing. So, we need knowledge about it.
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Offline gotbounty

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Re: Is it worth it to invest in cryptocurrencies?
« Reply #8 on: November 28, 2020, 02:32:17 AM »
If it's not worth it I don't think there will be many people going in and investing in cryptocurrencies. However, in fact, it is getting more and more enthusiastic about cryptocurrencies. So it can be concluded that investing in cryptocurrencies is an investment that is worth it.
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Re: Is it worth it to invest in cryptocurrencies?
« Reply #9 on: November 28, 2020, 04:14:02 AM »
Yes cryptocurrencies are the most profitable and beneficial sectors for investment and business. There are many coins on coinmarketcap that's are very much worthy to invest, bitcoin, ripple, litecoin, Ethereum, Binance coin and others some DeFI projects. But all time remember that every profitable business has risks.

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Re: Is it worth it to invest in cryptocurrencies?
« Reply #10 on: November 28, 2020, 07:41:45 AM »
The world economy is under some threat. Because the epidemic situation has shaken the world economy at least a little bit. But the world economy is moving towards a digital ecosystem. The world economic situation is somewhat dependent on cryptocurrency. The economy is moving towards a digital ecosystem. The world economy is improving so much. So I think this trend will continue.

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Re: Is it worth it to invest in cryptocurrencies?
« Reply #11 on: November 28, 2020, 08:50:07 AM »
Because I have been here for a good time enough, I am sure that investing in crypto is profitable. But, you must be ready for all probabilities, for the losers and also profits. Do not only focus on profits. I think that you must read the basics about crypto before deciding to enter this crypto world.

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Re: Is it worth it to invest in cryptocurrencies?
« Reply #12 on: November 28, 2020, 10:48:52 AM »
The global economy is moving towards a digital ecosystem. From investment to money transfer in today's world everything is going to be paperless. The newest and most promising addition to the digital payment sector is cryptocurrency. Over the last two years, cryptocurrency has rapidly gained the public view. When the cryptocurrency is created all the confirmed transactions are stored in a public ledger. The ledger ensures that all the transactions between the digital wallets can calculate an accurate balance, All the transactions are checked to make sure that the coins are used to be owned by the current spender.

Is it worth it to invest in cryptocurrencies?

I believe YES! cryptocurrencies are technologically driven invention that was very useful in our present time. Especially that our world today is much relying on technological help, with that fact I believe that cryptocurrencies are on the way to replace the old system or maybe become optional technology-driven financial services and thats not all because cryptocurrency is promoting a trustless, transparency and decentralization thats why it was suitable to any part of the world with the internet availability is present. Thats why dont hesitate to invest in cryptocurrency now because cryptocurrency is the future and the future starts now! 

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Re: Is it worth it to invest in cryptocurrencies?
« Reply #13 on: November 28, 2020, 11:39:16 AM »
The world is not ready to adopt the paperless system for there are principles need to tackle between one face and another. Cryptocurrency is decentralize need to migrate to centralize a.k.a government. Once the decentralize migrate to centralize there are another agreement need to fix which is taxation and some regulations. So it is worth to invest in crypto? Yes. You are safe for tax and you have chance to earn profit without the eyes of government. In other hand you also in minding your own business so be careful of investment.
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Re: Is it worth it to invest in cryptocurrencies?
« Reply #14 on: November 28, 2020, 11:57:27 AM »
The title and content are slightly different, so I'll count your opinion as: One of the values ​​of cryptocurrencies lies in the transparency of transactions.
Until now, transparency is only partially effective, when it is easy to track the activities of whales or team members on projects.
If CBDC is a crypto, then transparency will have a greater impact when corruption can be controlled. However, it will also be used by the government to manipulate the economy, limiting the transfer of wealth abroad.
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