10 Reason I started to invest in CRYPTO.

I started to invest at the age of 17

Intro

There is No Doubt About It Crypto is making its big waves you’ve probably been hearing more about it on the news and heard people talking about it more but there are those who’ve been just reading the headlines and discussing it while others are getting busy to work on becoming part of this revolution and grabbing the huge OPPORTUNITIES

It will be the main currency in the future

One thing in the economic crisis of 2008 showed us is a traditional banking system is flawed and it is confirmed in 2020 more and more people are seeing the need for viable alternatives and that’s what crypto offers secure, decentralized form of banking that takes governments and banks out of the equation and crazy thing is the bank realize it just listen to what germany’s deutsche bank have to say in their imagine 2030 report they talk about how fragile the traditional money system is that by 2030 over 200 million people will be using digital money and by then traditional money will be already on the way out and it’s not just deutsche bank twitter’s jack dorsey has said he believes bitcoin will eventually become the world’s single currency elon musk has stated that crypto is a far better way to transfer value than a piece of paper china state tv is called blockchain the technology that makes crypto possible 10 times more valuable than the internet

You will position yourself better oppertunites in this space

you need to get familiarized with the technology it’s the biggest technological invention since the internet so if you’re still not up to speed with it you’re behind but the good news is you’re still in time to start playing catch-up just like in the 90s when the internet was taking off there were those who resisted adapting to it and there will be those people with the blockchain and crypto revolution but do you really want to be one of them and just like we now rely on theinternet for information and communications it’s soon going to be the same for financial transactions using blockchain so if you’re not familiar with using it yet now is the time what are you waiting for

It’s a Solid Alternative for saving your money

you’ll position yourself better for opportunities in this space sure you can make and receive payments with a crypto account you can use it to save but the really big opportunities come with investing in crypto just take a look at bitcoin if you’d invested 100 in it just five years ago by now that one hundred dollars would be worth two thousand five hundred or if you’d got into it really early with that 110 years ago it would be worth 1.9 million the price of bitcoin is still set to keep going on up sure with blips here and there and to be fair probably not as dramatically as it did before other cryptocurrencies like ethereum litecoin dash ripple and lisk also have huge potential to grow and bring great returns to savvy investors but to know which coins to invest in you need to get educated and get some experience under your belt so why waste any time now’s the time to get crypto savvy and learn to spot the opportunities because you can be sure there are huge opportunities waiting

You are safe from inflation

it’s a solid alternative for saving your money we’ve already talked about crypto’s long-term upward trend let’s compare that with regular money if you took 100 in cash buried it and waited for 10 years the amount you could buy with it a decade later could be a lot less than when you put it in the ground because of inflation and leaving it in a bank account isn’t going to be much better if at all because of the interest rates in bank accounts which vary from zero to extremely low disclaimer yes crypto is more volatile than most currencies largely because it’s still new and gaining traction like at the start of 2018 when the price of bitcoin tanked but remember it’s more or less recovered since then and its upward trend is likely to continue and win out on any volatility and that’s what makes it such a great option for long-term saving something that will beat any interest rates banks can give you

It’s way easier to get into crypto than you thought

you’re safe from inflation so we were just talking about inflation now let’s spell it out in full the problem with traditional money is it’s always going down in value and this isn’t by accident governments and central banks do it on purpose especially when there is a financial crisis or this one in the year 2020 at times like these there’s a shortage of money and governments try to get around it by printing more in fact 22 of all dollars that exist today were created in 2020 when the federal reserve injected two trillion dollars into the economy making money appear out of thin air might sound pretty neat until you figure out the catch there might be more money but the amount of goods and services it’s chasing stays the same and the value of the money goes down compared with the value of those goods and services and that is what we call inflation that’s why smart people trust gold more than money because when there’s an economic crisis new gold doesn’t just magically appear out of nowhere and it holds its value and bitcoin and other crypto just like gold don’t get created as a short-term fix to financial problems that means that crypto also holds its value and its inflation proof it’s way easier to get into crypto than you thought just in case you thought you needed a phd in programming or maybe in finance to get into crypto we’ll tell you now you don’t a smartphone with internet access will do nicely in fact crypto is way easier to get into than most traditional investments first because it’s got high liquidity that you can buy and sell it easily and quickly second there isn’t a high threshold to getting into it for stocks and bonds usually you need to put a large sum of money in and you can’t just put down 100 bucks with crypto you can better still there’s no institutions no paperwork just get an account get a wallet track your assets and it’s pseudonymousyou don’t have to give any documents or even your name but we realize there’s still a lot of confusion and not many people understand how this space works and howto take advantage of it that’s why we decided to create the best course out there to guide you step by step through everything we’ve learned about bitcoinand blockchain from scratch it’s called bitcoin essentials you’ll learn how the technology works how to use it how to buy bitcoin safely and how to store it

No one control you money

no one controls your money so if regular money is controlled by governments and banks who controls crypto well the beauty of crypto is it’s controlled by nobody and everybody at the same time let’s take bitcoin for example the code is stored in thousands of nodes that means the computers of tens of thousands of people who voluntarily run bitcoin software on their computers there’s no central authority or mastermind behind it all users effectively retain control and it’s in everyone’s interest to keep the network active and healthy and running it this way has all kinds of advantages over banks like banks are only open business hours of the country they’re based in blockchain functions non-stop and bank payments can take up to 48 hours to clear bitcoin transactions take between 15 minutes to an hour

So the best security on the market

so if there’s no big powerful institution monitoring it is it safe the answer is a definite yes it’s got the best security out there and that’s down to the way the information is stored anytime a transaction takes place and digital money gets handed over to a new user that gets recorded permanently and it can’t be erased even after it’s changed hands and remember we said the data is stored by tens of thousands of users unlike a bank which has one central database if one user has an error or if anyone tries to tamper with information the other tens of thousands will cross-reference each other and correct it and the bigger the network the more secure it is and in the case of bitcoin that’s big so you can count on it being secure

The lowest fees by far

the lowest fees by far for any kind of investment you make there are going to be fees fees for making buying selling and even storing the investment and this is also true of crypto but the difference is that with crypto fees are determined by users and that means it’s in their interest to keep them low much lower than the ones you’ll be charged by stock brokers to invest in stocks or bonds and the same goes for making transfers especially international ones make a transfer through a bank and you’re going to get slapped by a high fee but with crypto there are no institutions making a profit from these money transfers which is a huge advantage to people doing business and another reason why the adoption rate of crypto is just gonna keep going up

Blockchain is here to stay

blockchain is here to stay what you have to understand aboutblockchain is that bitcoin and other crypto are built on blockchain in the same way that facebook or google are built on top of the internet it’s what makes crypto possible but there’s more to blockchain than crypto we think that crypto is proof enough that blockchain is going to become more important but just in case you needed more let’s just look at all the things blockchain is being used for big business is using it to record data companies like pfizer walmart siemens and unilever use it to keep data which is too complex for a spreadsheet to record healthcare providers use it to store their patients medical records safely and there’s potential for it to grow into records of property ownership and in elections to keep track of votes and take away the need for recounts yep that sure would have come in handy in 2020 number 11 high returns if done right we’ve already told you how much bitcoin’s gone up and how the long-term trend is found to continue upward so we won’t repeat ourselves but we will take the chance to tell you about a few other cryptocurrencies in 2020 even with the pandemic in full swing lots of crypto have seen big gains the world’s second largest crypto ethereum started the year at 145 and is now at 600 and some are tipping it to be as popular as bitcoin and ripple startedthe year at just over 20 cents and is now around 65 cents and many others are headed in the same direction further proof that now’s the time to get in the door if you haven’t already 12 it’s in limited supply and can’t suffer from inflation remember how we talked about how conventional currencies lose their valu because of inflation there’s a simple reason why crypto doesn’t the supply is capped this is written into the source code which states that there will only ever be 21 million bitcoin ever produced currently 18.5 million bitcoins have been mined quick explanation mining means when advanced computers crack complex math problems and unlock the bitcoins stored in the code and even if new bitcoins are still getting mined there’s no limit to this unlike with traditional money when banks decide to print it by the truckload with bitcoin the number of new coin released slows down every four years meaning the supply is limited and that’s the reason bitcoin won’t suffer from inflation

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