Why Everyone Own Crypto?
In recent years, cryptocurrency has gained popularity like wildfire. Investors have witnessed an opportunity to create wealth in 2021. However, the extreme volatility has also shaken the confidence of the general public. Given the unpredictable fluctuations, you might wonder why people still want to invest in cryptocurrencies. In this article you will find the answers to the question.
The benefits of investing in cryptocurrency
Store of Value — Hedge Against Inflation
Cryptocurrencies like Bitcoin can be a great hedge against inflation. Inflation means an increase in the prices of goods and services and a decrease in the purchasing power of money. Gold used to be the most popular investment choice as a store of value. By investing in cryptocurrency, you can not only store the value of your money, but it can also beat inflation and grow your wealth over time.
Excellent Diversification
Portfolio diversification means allocating investments into different baskets with different risk-return ratios. Traditional investments like stocks and bonds can help you earn big profits. However, the crypto market can offer you an unexpected income. Although the market shows a decline after the FTX event, it showed how much it can grow. If you look at the data, Bitcoin and Ethereum produced 60% and 0 .2% respectively.
Blockchain Adoption by Big Players
About 0% of the top 100 US companies use blockchain technology in one form or another. Despite all the setbacks and regulatory uncertainty, large companies have realized the potential of the technology and are integrating it into the blockchain ecosystem. With the widespread adoption of blockchain technology, the price of the associated cryptocurrency is also expected to rise.
Easy Cross Border Payment
According to a World Bank report, the average cost to make a cross payment currently costs around 6.75%. The fee is considerably lower than in 2009, i.e. 9.67% However, it is still a large amount for a middle-class family. However, cryptocurrency as a payment method solves this problem. cryptocurrencies can be sent from one wallet to another without the intervention of a third party, which significantly reduces the cost of the transaction. Although Ukraine’s banking institutions have collapsed due to the war, money is transferred to the country through cryptocurrencies.
Earn Passive Income
Trading is not the only way to make money with cryptocurrencies. There are several ways to make money with crypto where you don’t have to invest your time and the money works for you. Some of these examples include crypto betting and lending. By choosing this option, you can earn a large income from unused digital assets. NavExM also offers early NavC investors a contribution option where you can get incredible benefits from the exchange. NavC is also expected to grow exponentially as it increases prices.
Risks of Investing in Crypto
While investing in cryptocurrency has many advantages, it also has its disadvantages.
Uncertainty in Crypto Regulations
If something goes wrong, you have the government behind you in the case of the stock market or banks. However, if you fall for encryption, there is no guarantee that you will get help from the government, as it is still not regulated in many countries. Adding anonymity makes it difficult to trace where the failure occurred. However, given the potential of blockchain technology and the mass adoption of cryptocurrencies, governments are taking steps to shape regulations across the space.
High Volatility
The crypto market is known for its amazing ups and downs. Unlike stocks, crypto markets are highly volatile. This is indeed the path to immense wealth. However, the fluctuations generated billions of dollars. In addition, the crypto market has no predetermined method to derive the true value of an asset, which makes it even more risky. That is why it is important that you invest in virtual assets after doing your own due diligence.
To learn more about this opportunity, AMA —
https://t.me/nav_exm.
Sign-up on NavExM.com and get $3 NavC Tokens as welcome bonus.
Why Everyone Own Crypto?
In recent years, cryptocurrency has gained popularity like wildfire. Investors have witnessed an opportunity to create wealth in 2021. However, the extreme volatility has also shaken the confidence of the general public. Given the unpredictable fluctuations, you might wonder why people still want to invest in cryptocurrencies. In this article you will find the answers to the question.
The benefits of investing in cryptocurrency
Store of Value — Hedge Against Inflation
Cryptocurrencies like Bitcoin can be a great hedge against inflation. Inflation means an increase in the prices of goods and services and a decrease in the purchasing power of money. Gold used to be the most popular investment choice as a store of value. By investing in cryptocurrency, you can not only store the value of your money, but it can also beat inflation and grow your wealth over time.
Excellent Diversification
Portfolio diversification means allocating investments into different baskets with different risk-return ratios. Traditional investments like stocks and bonds can help you earn big profits. However, the crypto market can offer you an unexpected income. Although the market shows a decline after the FTX event, it showed how much it can grow. If you look at the data, Bitcoin and Ethereum produced 60% and 0 .2% respectively.
Blockchain Adoption by Big Players
About 0% of the top 100 US companies use blockchain technology in one form or another. Despite all the setbacks and regulatory uncertainty, large companies have realized the potential of the technology and are integrating it into the blockchain ecosystem. With the widespread adoption of blockchain technology, the price of the associated cryptocurrency is also expected to rise.
Easy Cross Border Payment
According to a World Bank report, the average cost to make a cross payment currently costs around 6.75%. The fee is considerably lower than in 2009, i.e. 9.67% However, it is still a large amount for a middle-class family. However, cryptocurrency as a payment method solves this problem. cryptocurrencies can be sent from one wallet to another without the intervention of a third party, which significantly reduces the cost of the transaction. Although Ukraine’s banking institutions have collapsed due to the war, money is transferred to the country through cryptocurrencies.
Earn Passive Income
Trading is not the only way to make money with cryptocurrencies. There are several ways to make money with crypto where you don’t have to invest your time and the money works for you. Some of these examples include crypto betting and lending. By choosing this option, you can earn a large income from unused digital assets. NavExM also offers early NavC investors a contribution option where you can get incredible benefits from the exchange. NavC is also expected to grow exponentially as it increases prices.
Risks of Investing in Crypto
While investing in cryptocurrency has many advantages, it also has its disadvantages.
Uncertainty in Crypto Regulations
If something goes wrong, you have the government behind you in the case of the stock market or banks. However, if you fall for encryption, there is no guarantee that you will get help from the government, as it is still not regulated in many countries. Adding anonymity makes it difficult to trace where the failure occurred. However, given the potential of blockchain technology and the mass adoption of cryptocurrencies, governments are taking steps to shape regulations across the space.
High Volatility
The crypto market is known for its amazing ups and downs. Unlike stocks, crypto markets are highly volatile. This is indeed the path to immense wealth. However, the fluctuations generated billions of dollars. In addition, the crypto market has no predetermined method to derive the true value of an asset, which makes it even more risky. That is why it is important that you invest in virtual assets after doing your own due diligence.
To learn more about this opportunity, AMA — https://t.me/nav_exm.
Sign-up on NavExM.com and get $3 NavC Tokens as welcome bonus.
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