Why should you be interested in Cryptocurrency investing?
Why should you be interested in Cryptocurrency investing? Cryptocurrency has taken the world by storm. We will discuss in this article what has made cryptocurrency so popular and why it is currently the best asset to invest in.
Since Bitcoin is the first decentralized cryptocurrency created in 2009 it is used as the benchmark for all blockchain technologies that followed. In 2010 the price for one Bitcoin was 0.05 USD and as of writing this article the price is at 15,200 USD. This alone shows the massive surge that the currency has made.
Furthermore, it is not possible to own any of the alternative crypto coins without converting into Bitcoin first.
There are three reasons as to why bitcoin has surged so much in popularity.
The first on is that:
Bitcoin is practically Fraud proof.
Because of the way the blockchain is designed every transaction involving cryptocurrency is stored in a public ledger. This way every participant “verifies” everyone else transactions. Since the currency is not owned by any central bank it is “decentralized” and you own it.
The second reason is that unlike traditional methods of transfer transaction are instant and without any fees. This makes cryptocurrencies easy to use and the best way to settle payments. All you need is an internet connection and you can become your own bank.
The third and most important reason is that:
You are the owner of your cryptocurrency.
There is no other monetary system in the world that can offer you this.
Additionally, it gives investors the ability to mine it or essentially “produce” it. This can be done by companies or individuals.
We currently have the best cloud mining solution in the world which has given investors a monthly return upwards of 10% every month.