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Top 10 Reasons to Invest in Crypto Today
If you’re reading this, you’ve already heard about cryptocurrency and how it’s revolutionizing the world of finance and investing. But should you invest your hard-earned money in this crazy new digital asset class? What are the potential risks and rewards?
We’re here to explain why investing in crypto makes sense in today’s rapidly evolving landscape. Here are the top 10 reasons to invest in crypto sooner rather than later.
Cryptocurrency is the future of money
Let’s start with the big problem: Many experts believe that cryptocurrency is the future of buying, selling, saving and transferring money globally. By eliminating intermediaries like banks and governments, crypto works on decentralized blockchain networks that enable borderless peer-to-peer transactions.
With crypto, you have complete control of your funds in a way that has never been possible. No third party can block, censor or unnecessarily deduct fees from your transactions. Your money is protected by advanced encryption instead of trusted financial institutions. This is a revolutionary leap for the economic world.
Investment growth
Speaking of significant investment gains, crypto is without a doubt the most important modern wealth-generating opportunity we have ever seen in our lifetimes. The potential returns surpass anything possible in the regulated stock market or other traditional assets.
For example, an investment of just $100 in Bitcoin in 2010 would be worth more than $9 million today. Even just entering 2019, you could have easily grown your money 10 or 20 times in just a few years as Bitcoin has skyrocketed from $5,000 per coin to over $60,000. Insane!
Cutting-edge technology
However, it’s not just about making quick money. Cryptocurrency and blockchain technology represent a shift in finance, the economy and even the Internet itself as we know it.
Concepts such as decentralized applications (dApps), smart contracts, NFTs and DeFi (decentralized finance) may need clarification now. Still, they could soon drive a new generation of services, products and business models that make current standards seem archaic. Investing in crypto gives you access to this cutting-edge innovation right from the start.
Portfolio diversification
For wise investors who understand the importance of diversification, crypto is a powerful counterbalance and protection against losses in other areas of your portfolio. Unlike stocks, bonds, real estate or other conventional assets, cryptocurrency prices tend to fluctuate independently of these markets.
Thanks to its global and decentralized nature, crypto markets they trade 24/7 and are largely resilient to factors such as recessions, interest rates, or any nation’s economic turmoil. Many cryptocurrencies even offer staking rewards that offer passive recurring income streams, providing unique risk and income diversification.
Younger generations are now adopting
Crypto is being taken more and more seriously as a worthwhile investment because younger generations like millennials and Gen Z are the driving force behind adoption and mainstream traction. And as we all know, the future tends to go wherever youth takes it!
These digital groups instinctively understand and embrace this new idea of decentralized, peer-to-peer cryptocurrencies, which allows them to avoid traditional financial intermediaries. As this generation begins to enter its best earning and investing years, you can expect even greater demand for crypto.
Cryptographic applications are constantly emerging
While Bitcoin and other OG cryptocurrencies were primarily designed to serve as secure digital cash alternatives for peer-to-peer payments, the applications and use cases of blockchain technology have expanded far beyond that in fascinating new directions.
Everything from digitized art and collectibles featuring NFTs to decentralized organizations powered by smart contracts and cryptocurrencies that provide international remittances and seamless financial services to the world’s unbanked populations is now a reality. And that’s just the top of the iceberg.
Democratized Access
Unlike traditional investing, which is often opaque, expensive, and reserved for high-net-worth individuals, cryptocurrency is highly accessible and democratized for everyone. Thanks to the peer-to-peer nature of blockchain, anyone with a smartphone and internet connection can buy, trade and invest in crypto!
And substantial capital investments are also not required to start building a crypto portfolio. Even smaller investments of $100 or less can put you on the path to building wealth, given the enormous upside potential of many cryptocurrencies currently valued at fractions of a cent.
Trading apps like Coinbase, Bitcoin Bank, Cash App and cryptocurrency exchanges have also made it very simple to buy cryptocurrencies from anywhere with just a few clicks. What was once an obscure and intimidating process is now highly accessible with apps like Bitcoin Bank.
Growing acceptance and legitimacy
For a long time, major financial institutions and powers dismissed cryptocurrency as a niche interest only for technology enthusiasts. But those days are now firmly in the rearview mirror. Today, leading financial technology giants, banks, regulators and even governments are fully embracing cryptography without trying to fight or ignore it.
From PayPal adding crypto purchasing capabilities to its platform to entire countries like El Salvador adopting Bitcoin as legal tender to mega-institutions like Fidelity and JP Morgan Chase launching crypto funds and trading services of their own, institutional investing is undeniable.
Merging with culture and everyday life
Beyond finance, crypto is quickly becoming a cultural and pop culture phenomenon as it permeates our daily lives and entertainment. Top athletes like Tom Brady and companies like AMC Theater accept crypto payments.
Celebrities are aggressively promoting crypto exchanges and platforms to their millions of social media followers. Even major video games and social apps like Fortnite and Twitter are rushing to incorporate crypto mechanics like digital asset purchases, rewards, and NFT integrations.
Powerful automated tools
Finally, the most compelling reason to start investing in crypto today is that it is easier and more user-friendly than ever before, thanks to a booming market of automated crypto trading bots and AI investing tools.
With sophisticated technology now handling all the advanced operations while you simply establish your investment criteria, crypto has become ridiculously simple for retail investors of any experience level to start putting their money to work in blockchain assets today.
To complete
We could easily list even more compelling factors that signal that now is indeed the ideal time to get off the sidelines and start building an allocation to cryptocurrency within your broader investment portfolios.
Combined with institutional endorsements that help validate crypto and the abundance of new automated investment tools that eliminate any complexities or technical challenges to simplistic crypto participation, forward-thinking investors have no reason to wait any longer.
This post is provided by third parties who may receive compensation for the products or services mentioned.