Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: rahulkohali79 on September 07, 2020, 11:06:56 AM
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Cryptocurrency is now the industry that grows tremendously every day and no one is willing to be indifferent. It’s no longer just digital cash. Instead, it is a huge investment opportunity that attracts the attention of large organizations, investors, and traders worldwide.
This new and experimental market is huge with more than 800 digital assets listed on different popular exchanges like Coinmarketcap.com. These are borderless and decentralized coins and probably why they are referred as people’s currency. The coin values are set by market forces of the particular coin, which is a direct result of human sentiments and not an individual’s or institutional decision. There are many types of cryptocurrencies. It’s up to you where you want to invest.
In 2020, most of the people are investing in cryptocurrencies in India. Have you ever thought about why? Well, there are a lot of good reasons why people are choosing to invest in this new form of cash. Some reasons have to do with the coin itself, other reasons are a result of the global financial trend. Other reasons are simply due to the maturing of the cryptocurrency investing industry as compared to traditional investing. Here are the 5 top reasons why investing in cryptocurrencies is the best option for you?
The Potential for Huge Profits
It is a known fact that people are getting rich and are receiving bigger benefits from investing in cryptocurrencies. Initially, when Bitcoin investing first started to take off a decade ago, each BTC worth was merely about $0.30. In the next few years, that number leaped to $13 then to $700 and eventually to an all-time high of just under $20,000 in 2017. Today, BTC is usually trading between $9000 and $11,000. Those who have identified the potential of cryptocurrencies in its initial days and invested in it have made a huge profit in the past few years.
But, one should keep in mind that the crypto market is highly volatile and quite risky. If there is a possibility that cryptocurrencies go up and up and up, there is also a possibility that it does the same in the opposite direction. The Bitcoin value mentioned above illustrates this quite well. So, for investors, it becomes important to analyze the market before investing to avoid loss.
Based on Blockchain Technology
Cryptocurrency is built on blockchain technology. This technology has great potential to establish itself as an independent technology soon. Many people believe that this is one of the inventions in human history which is going to reshape the global economy. Due to Blockchain’s strong security and adaptability features, this technology is gaining mainstream adoption rapidly across the world. Powerful features of blockchain technology have brought digital assets like cryptos in existence and thereby opened a new gate of investment for people all around the world.
Blockchain lies at the core of crypto payment networks. Hence, investing in cryptocurrency could be a better decision to put your money into the new technology of the future. Any emerging technology with a large number of people in it is bound to grow. This growth may unlock the potential for high returns in the long run.
Varied Options Available for Investment
When Bitcoin was the only coin in the market, only a few exchanges were available to buy and sell it. Due to this, only a limited people could invest. That continues to change as more cryptocurrencies are being created. In the current scenario, around 5,000 cryptocurrencies are being traded and many more are being developed continuously. And as the number of investment options increases, so do the exchanges.
As the number of coins and exchanges has increased so as the number of investors. Investors are now able to find cryptocurrencies according to their choice and at a price that keeps them comfortable. Like the rest of the investment, they will not all be winners but many have great potential as a good investment vehicle. Top cryptocurrencies such as Ethereum, Tether, Ripple, Litecoin, and Bitcoin Cash among others are all seen as good investments in 2020.
You will Certainly Use It in the Future
It is said by many that you are not using cryptocurrencies today, you are certainly going to use them in the future. The reason is that businesses are getting more and more involved in the crypto and blockchain startups popping up here and there in different spheres of business.
Also, during this period of economic slowdown which has been caused due to COVID-19, it is clearly illustrated just how interconnected the world’s economy is. This is the reason why people are shifting from stocks to cryptos. Most of the features point to the fact that cryptocurrency will be a very viable form of currency in the future and is something that more companies and investors will adopt and accept in one form or another. There are huge possibilities of widespread and mainstream use of cryptocurrencies in the future which will be beneficial for crypto fanatics.
Cryptocurrency as a Mode of Payment
The primary function of cryptocurrencies is to enable borderless transactions between people without the need for any intermediary and to maintain a high level of privacy. These features of cryptos create a good chance for these digital coins to be used for daily transactions, just like other current forms of digital payment.
Hence, it can be said that cryptocurrencies will become a global form of digital payment shortly. It’s highly likely that we will be able to use cryptocurrency for transactions as it is being increasingly accepted by banks, companies, vendors, ATMs in some countries. All of these factors will add further impetus to crypto coins adoption and will cause its value to grow.
If you too are planning to invest in digital assets and looking for one of the best cryptocurrency exchanges in India to buy & sell cryptos in INR, you should look no further than PCEX Member.
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I invested in cryptocurrency market
For getting a potential profits from cryptocurrency
Getting better experience
Insurance for future
Families support
Better lifestyle
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We must Invest in crypto for our future. I never had any doubts, we know crypto has a lot more potential for a high-return investment.
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One of the main reason to invest in cryptos, especially bitcoin, is to secure the future. The world financial system is changing and tending toward digitalization. No doubt cryptos is the future of money.
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1. Get profits
2. Better insurement
3. Family support
4. Partime job
5. Enjoyment
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This new and experimental market is huge with more than 800 digital assets listed on different popular exchanges like Coinmarketcap.com.
Though i didnt read every single words you wrote, but from the few lines i read, i will like to bring to your notice, the quoted potion of your post, that you see it as a correction that coinmarketcap is not an exchange, CMC is just a crypto market capitalization website, its where you find every information about every crypto asset and their market caps and where you can buy them from, CMC is not an exchange directly
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I must invested in cryptocurrency market. From cryptocurrency we getting good lifestyle huge potential profits family support best pertime job
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crypto is a volatile asset class!
95% will get liquidated even if they HODL.
Exchanges are designed to liquidate you.
You are better off starting a business around crypto.
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Currently the market is much better. This suggests that the market will be better in the coming days. The price of all the coins that were very low a few days ago has gone up a lot today
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I entered cryptocurrencies due to support my family and getting better life styles and fashionable luxurious.
All investors should target above reason.
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I entered cryptocurrencies due to support my family and getting better life styles and fashionable luxurious.
All investors should target above reason.
Yeah .. crypto provides benefits, by having a lot of investment we open up opportunities to get even more results. Although all have a high risk
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Currently the market is much better. This suggests that the market will be better in the coming days. The price of all the coins that were very low a few days ago has gone up a lot today
Better but some DeFi definitely going to blust. YFI, Chainlink,Makerdao, Cartesi and Aave already dumped.
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In addition, I like that with cryptocurrency, it's enough to just get passive income. For example, using structured deposits and staking. It doesn't take a lot of time and is suitable even for beginners.
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The current situation in cryptocurrency is much better. At the moment, the price of some tokens is much lower. And from all these points we will get good amount of profit.
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We must Invest in crypto for our future. I never had any doubts, we know crypto has a lot more potential for a high-return investment.
Seriously we just have to invest
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cryptocurrency is a way to make your life better, to make your dreams come true. it's fine
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cryptocurrency is a way to make your life better, to make your dreams come true. it's fine
Yeah, if you choose a potential and good crypto, you should be careful before investing
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It’s no longer just digital cash. Instead, it is a huge investment opportunity that attracts the attention of large organizations, investors, and traders worldwide.
Exactly! Anyway you forgot that not just these group of people are attracted in crypto industry but also the scammers and hackers.Though their presence in the industry is bad yet they are part of the growth.
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cryptocurrency is a way to make your life better, to make your dreams come true. it's fine
It is right if the investment and the timing is right. In other words perfect timing and proper decision making.
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Now i am enlighthen. thank you for this post. Now i think its good to invest in cryptocurrency and also i saw it's potential to earn more for future references of my life. thankyou for starting this thread
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There's so many reasons to invest in cryptocurrency
1: to earn money must people aren't working because they are low rate of job opportunity's.
Crypto can also help make ur imaginations and dreams come true.
cryptocurrencies have very high liquidity – you can quickly and easily buy and sell them, and the technological organization of trading platforms allows the use of a wide variety of tools and tactics, such as limit-orders (automated buying and selling at a specified price) and algorithm-based
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cryptocurrency is an investment in the future and blockchain is the technology of the future in my opinion
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We should invest in crypto currency that we may insure our better future and be safe our children's future. I already invested in crypto currency (Bitcoin) and got more than $10000 dollars. It's my future reservations for better security.
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We should invest in crypto currency that we may insure our better future and be safe our children's future. I already invested in crypto currency (Bitcoin) and got more than $10000 dollars. It's my future reservations for better security.
This is a good thing! I should do the same. And most importantly, I need to try to forget about these investments until they turn into something solid
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very good point! every day you are losing an opportunity if you still haven't invested in crypto
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I must invested in cryptocurrency market. From cryptocurrency we getting good lifestyle huge potential profits family support best pertime job
Yes mate Life can be changed by investing in cryptocurrency Market.Works on cryptocurrency with family support Can be worked as a parttime job.
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Very nice Question! There are so many good reasons and benefits why I Invest in cryptocurrencies. First of all cryptocurrency is a life changing program. It's has changed the life of so many people toady in the world (my reasons why I should invest in cryptocurrency?
1 income: I participate in cryptocurrencies so I can get paid because now it's very difficult to find a job in this generation.
2 Family support: cryptocurrencies investment have been helping me all this while today i no longer work In a company to provide for my family. I don't even serve any body to provide for my family. I spend more time on crypto and that's what has been helping me all this while no more stress
3 School support : As a student I give all thanks to cryptocurrencies because this Is the only means of me making money. And through this I have been able and capable to provide for my needs in school
4 self employ: cryptocurrencies investment have make me not only me but thousands of people out their self employed and also it has given people privilege of being able to provide for them self
5 Enlightenment: as of then when I haven't started working on crypto there was no Tendency that I can work on projects like Bounty and get paid. So cryptocurrencies has given us the opportunities to be very rich if only we have the knowledge
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Five things that can be done by investing or earning money from cryptocurrency. Enjoy, and help the family, there are many more things that can be done with cryptocurrency. Because there are more large types of investors they earn the most cryptocurrency.
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I agree with you