7 Reasons You Should Start Investing In Cryptocurrency and Securities

in #crypto4 years ago

Any novice investor is looking for interesting niches to invest money and earn. Some people opt for real estate, commercial loans, or fund startups. But what if a promising company goes bankrupt in its first year? Many investment areas are not very attractive due to risks and low returns. That is why beginners should pay attention to cryptocurrencies and securities. Here are seven reasons why these two options will be the most attractive in the next 5-10 years.
Cryptocurrencies and Securities Are Marked by High Liquidity
Pay attention to how the rate of cryptocurrencies has been growing in the past few years. Even with adjustments made, Bitcoin and Ethereum are very profitable. It’s simple. Even a student can buy some coins and wait about a year to get a good profit. The securities market has a similar mechanism but a little slower.
Take a look at Netflix and Amazon’s stock growth over the past ten years. You will see the prospect of your bottom line growing. Securities also have high liquidity. Read the paper writing service reviews and delegate your tasks to someone else. Then you will have enough time to study the cryptocurrency market.
Your Investment Can Lead to High Returns
Let’s focus on cryptocurrency. In 2010, Bitcoin and other digital coins were seen as legal tender. But now, it is a highly profitable industry, and you can convert cryptocurrency into dollars or euros with a substantial profit. Many coins are growing over 100% every year. This is partly due to the hype and investments of well-known companies in cryptocurrency. If you are patient and wait at least a year, you will see your savings grow well. Securities are a more classic option, but the average annual return is about 18-30%. It is still more profitable than bank deposits.
It Gives You Independence & Flexibility
You can buy, sell or convert your digital money at any time. Plus, you don’t have to worry about bank charges. A cryptocurrency is an independent tool for investments and transactions, and so far, no country in the world can fully control all financial flows. That is why you will be completely independent of external factors and restrictions. If you choose a good exchange, then you can convert even securities with minimal commissions.
For Portfolio Diversification
Diversification is another reason to adore digital coins. Today you can find at least 100 cryptocurrencies, each of which is a potential source of profit. Choose the 5-10 most popular digital coins and split your investments across different crypto wallets. Then you can earn money and reduce risks if the rate of one or more cryptocurrencies decreases.
Securities operate on the same principle. Build your portfolio and invest in Amazon, Google, or Facebook. If you are a student and do not have a lot of time for this, you need academic assistance. Read the BestEssays review to find out which companies you shouldn’t trust. Then you will not waste your time and will be able to rely on the services of professionals.
Unlimited Choice of Coins & Securities
At the moment, there are already more than 2000 cryptocurrencies. Almost every day, someone decides to create digital coins. You certainly shouldn’t invest mindlessly. Pay attention to the most promising projects and read the opinion of analysts. The same approach applies to the choice of writing services. For example, you should read a 5 Star Essays review and never waste your time on unreliable writing services again.
Pay attention to the first 100-200 coins in the ratings of many crypto exchanges. Then it will be easier for you to compose your investment portfolio. The same approach applies to securities. You have at least a couple of hundred options that will be potentially profitable in the next 5-10 years. That is why the number of options does not limit your choices.
The Future Cryptocurrencies Seems Bright
Many people think that cryptocurrencies and securities are a scam. In the case of digital coins, the situation is rather ambiguous. There are major cryptocurrencies that have a clearly described mechanism for working and mining new blocks. If you choose any unknown digital currency, then the risks are great. However, many skeptics believe that Bitcoin is just a bubble.
The fact is that the main argument of the haters is that goods or services do not back the digital currency. Of course, digital money is a highly speculative instrument, and you should understand this. Nobody will use Bitcoin or Ethereum to buy pizza or video games.
But the value of digital money is underpinned by people’s faith and the number of transactions. Many companies convert dollars and other fiat currencies into digital coins. That is why you should not worry about anything for at least the next 3-5 years. Some people benefit from hype projects, and you can become the one who makes money on it.
Everyone is Going Crypto, Even Wall Street
Many companies and even Wall Street have begun to recognize cryptocurrency as a viable way of payment. Tesla has invested billions of dollars in Bitcoin. Now you can find at least 50 large companies with digital coins. They influence the appreciation of the coin rates. That is why you should think about how to invest in promising cryptocurrency timely.
Some people choose to become part of the mining community, but this is not always advisable. You better watch financial projections and how new digital coin campaigns are launched. Then you can determine an acceptable time to buy cryptocurrency.