They purchased crypto at bargain rates, attracted by the enormous potential of these fledglings yet promising properties. As a result, they became millionaires/billionaires during the 2017 bull run. Even those who staked a small amount earned respectable income.
Years later, cryptocurrencies continue to be lucrative, indicating that the industry is not going anywhere. You may already be an investor/trader or you may be considering it. In any case, it makes sense to understand the advantages of cryptocurrency investment.
According to a Deutsche Bank study titled Imagine 2030, credit and debit cards will become redundant. Smartphones and other mobile devices will supplant them.
Cryptocurrencies would no longer be considered outcasts but rather as viable alternatives to established monetary structures. Their advantages will be recognized, including security, speed, low transaction fees, ease of storage and relevance in the digital era.
Concise regulatory guidance will help popularize and accelerate the acceptance of cryptocurrencies. By 2030, the study predicts, there will be 200 million cryptocurrency wallet users and nearly 350 million by 2035.
By investing in cryptocurrencies, you will become a member of a vibrant and rapidly growing group.
Diversification is a critical investment rule of thumb. Particularly now, most assets have sustained significant losses due to economic difficulties exacerbated by the COVID-19 pandemic.
Though bitcoin has returned 26 percent year to date, gold has returned 16 percent. Many other cryptocurrencies have achieved three-digit returns on investment.
Doty, Dirtybiker13: -
life is too short not to express yourself, share ideas and thoughts. I remember a time when the world was a bit different. I like to think that deep down all of us remember. I dont like gruges or have any regret. I try not to dwell on the past about somthing that I have no control over, it is the past. The same goes for whats ahead, you cant make it happen and you sure wont change it when it does. I've learned many very valueble things from my experiences, on the top of that list is when you take the opportunity to grasp the moment, live for only now, things around you have new meaning. life around you becomes extraordinary when you stay in the moment, life has no limits. No past No future, only now is forever. The before and after is the thought in wich makes time a factor .
