Why believe cryptocurrency is good investment?

[Bitstar_coin]

Every investment involves risk taking and so is investing in crypto, it is not a get rich quick investment like some people would want you to believe, some investment takes time than others but the point is all investment requires patience and that is something many crypto investors don't have, as a result many will sell at loss at the slightest sign of market dip which is very wrong provided the project you invest on has the potential which you saw in the first place before making the decision to invest.

[ashraf786100]

Crypto is more important than others. You get leverage to grow your business faster if you invest in it properly. Yes, cryptocurrencies can earn a 100% percentage. One thing is for sure, you have to wait a bit.

[gurunanakji777]

If one has some extra funds I would suggest him to invest in cryptocurrencies rather than gold and keeping money in banks for interest because we know cryptocurrencies can give a much higher return as compared to gold and banks but the nature of cryptocurrencies is highly volatile and the common man does not like to take the risk. But my opinion is different if you have good market knowledge you can invest your money in a better way in cryptocurrencies to get higher returns.

[Quantum X]

Bad situation is bad for the hodlers but good for the buyers. I'm not saying that this is what we can expect at all times because we know that not all cryptos in the market has a luck of turning the unpleasant direction.

[disconnectme]

I think what is helping Cryptocurrencies in general is that people are now comfortable holding them long term , just look at Bitcoin for example. The change in mind set of investors has contributed significantly to it becoming a good investment class. Most teenagers into Crypto now would rather prefer to hold Crypto than put their money into savings accounts despite the risk of their money going to zero

[Rubel007]

Before believe cryptocurrency first acknowledge about crypto and blockchain . If anyone have fully clear concept of cryptocurrency after that it very easy to understand about them .In bank investment it's old and so long process to get little profit although it is safe for invest . But if anyone really want to profit huge amount profit they have to believe in cryptocurrency to invest .It is risky but it gives plenty profit with short time . Crypto currency is inovative and smart finance . All these reasons you believe in crypto and these are enough to believe in crypto for invest .

[Btceth01]

In fact, to invest in cryptocurrency, you have to invest in something good.  There are different types of coins you can invest in.  You should always try to invest in something like cryptocurrency. If you can, you will definitely benefit.

[Review Master]

In fact, to invest in cryptocurrency, you have to invest in something good.  There are different types of coins you can invest in.  You should always try to invest in something like cryptocurrency. If you can, you will definitely benefit.

Maybe, it sounds like easy to say. But we need to do our own research before taking any action about investment. I hope, everyone remembered 2018-19's ico scam. In that time, market was bullish and everyone was looking for the next 10-100x hidden gems to gain more profits within short time. As a result, most of the investors believe on scam projects which was just promosing to do that and change the whole market. But everyone was on great loss at the end. So, we need to be carefull before taking action, even it's related to trades on crypto, imo.

[Tanimariya]

Speaking of the cryptocurrency market like this in 2020, I never think it makes sense. We all know that investing in the cryptocurrency market can be profitable. So investing in cryptocurrency now has a very bright future. Therefore, investment in the cryptocurrency market is constantly increasing.

[The Legend]

You know that banks and gold are good to invest for long term. Your banks investment will earn few money interest within a year/s, it is safe investment though.
Your gold investment is safe as banks for both are stable investment.

If you invest in cryptocurrency the higher risk because of unstable movement of market. The chance to win higher profit than gold and bank investment in a short time is possible (know as quick rich especially in bull run), the same to lose in a day(drastic fall). By the way it depends on what kind of your crypto investment.

In some time there are circumstances and unexpected situations in cryptocurrency but why need to believe that it is good investment?

In some point you are right, bank and gold are the safest place to invest. That's why everyone told that only if you have extra money only then invest it on crypto. But if you are going hold cryptocurrency (BTC,ETH) for 5-6 years like gold and other bank policies you can get a good amount from it, at least the profit will be more than 2-3x than gold and bank investments.

[lepbagong]

You know that banks and gold are good to invest for long term. Your banks investment will earn few money interest within a year/s, it is safe investment though.
Your gold investment is safe as banks for both are stable investment.

If you invest in cryptocurrency the higher risk because of unstable movement of market. The chance to win higher profit than gold and bank investment in a short time is possible (know as quick rich especially in bull run), the same to lose in a day(drastic fall). By the way it depends on what kind of your crypto investment.

In some time there are circumstances and unexpected situations in cryptocurrency but why need to believe that it is good investment?

In some point you are right, bank and gold are the safest place to invest. That's why everyone told that only if you have extra money only then invest it on crypto. But if you are going hold cryptocurrency (BTC,ETH) for 5-6 years like gold and other bank policies you can get a good amount from it, at least the profit will be more than 2-3x than gold and bank investments.

in fact gold is a very attractive investment and has been used for a long time from a long time ago, even though the price has not changed too much, but this is the safest investment and just like we save money in banks to make deposits, the interest earned is not too high but this is clear. safer than gold, of course.

Crypto is the same as forex trading which can always change at any time and needs proper analysis in contrast to gold and banks that don't need that analysis.
because if you analyze it wrongly, you can be sure that we will experience a lot of losses, but with a high risk, we will also get multiple benefits.

they cannot be equated, but if the matter of investment is the same, it can be used as an investment, it remains only to determine which one we will use. if I believe crypto is a very promising investment and can be expected in the future.

[Lorix]

I think investment is the most important thing right now. Because most people come to the market to invest. As many friends as I have during the epidemic, everyone has focused on investing. But now the investment has increased a lot. Because everyone has a good idea about cryptocurrency.

[Piku]

Investing in cryptocurrency is much more profitable nowadays. The richest people in the world are benefiting by investing in the cryptocurrency market. Investing in cryptocurrency can make a trader successful. So I think investing in cryptocurrency is very profitable.

[Alter]

The higher risks, the higher profits to get! I think the crypto investment is not a too bad place for investment if you have a good mentality and smart enough to deal with the situation. Many people already proved that getting a big amount of money in crypto is real. But we must have the knowledge and know "how to invest properly in crypto".

[MRM]

I believe in investing in cryptocurrencies. Because it is possible to make a profit by investing in cryptocurrency. I have seen many friends around me who are making a profit by investing in cryptocurrencies. That's why I value investing in cryptocurrencies the most.