Why you should invest in cryptocurrency

[Ayuba Ernest]

Cryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrency is decentralized, meaning it is not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009.

Since Bitcoin's inception, over 1,000 other cryptocurrencies have been created. Cryptocurrency is often traded on decentralized exchanges and can also be used to purchase goods and services. While cryptocurrency is still a relatively new form of investment, its popularity is growing rapidly.

Cryptocurrency investment can be a great way to make money and build your wealth. Here are some of the key benefits of cryptocurrency investment:

*Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. This gives you more freedom and control over your money.

*Cryptocurrencies are global, meaning they can be used anywhere in the world.

*Cryptocurrencies are secure, thanks to cryptography.

*Cryptocurrencies are deflationary, meaning that there is a finite number of them, so they tend to hold their value over time.

If you're looking for a long term investment, crypto is the best place to invest on and get value over time.

 

[moneyteam]

Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. This makes them an ideal investment for people looking to protect their money from inflation and corruption.

Cryptocurrencies are also global, meaning they can be traded anywhere in the world without restriction. This makes them a great investment for people looking to diversify their portfolio and expand their investments into new markets.

 

[Yakub02]

Cryptocurrency is an independent currency of the world that is not under the control of any government. It can be spent, hold and make us of it as expected.


There's is impediment that I have noticed and this is lack of cryptocurrency ATM in most places. Had it been that there is availability of this ATM it will aid the acceptability and increased awareness of the special currency.

It is dynamic in the sense that one can sell when the value is high and one is expected to hold on to it if the value has gone low.
It would have been okay if everyone eye is opened to the great process of cryptocurrency