This is a question that is literally on every investor’s mind, as of today – because guess what? Cryptocurrency, or more specifically bitcoin, has been the highest performing ROI investment of the last decade and this kid was only introduced to the block in 2009, and since then, it has left even steady and all-time ROI investments like gold way behind.
Even, the U.S Commodity Commodity Futures Trading Commission has placed bitcoin in the same category of commodity as that of gold, and that has ruffled a lot of feathers in the world of investment and trading. You consider learning trading only when you want to make the right profits – so how must one start earning, better yet, start trading in cryptocurrency in 2021? These five reasons are sure enough reasons for you to learn and trade well:
1. Great returns
It is no doubt that cryptocurrency has the potential of great returns as the last decade has shown. A single dollar invested in bitcoin got returns which were $90000 in BTC, and that’s beyond saying something. While cryptocurrencies are relatively new, and though the market is extremely volatile, the huge profits are enough to get investors interested in learning the trade, and once you understand the intricacies, it’s only a winning league for you. From the big wins to the small wins, it is all about a win-win, and there’s no doubt about that. If you have an effective and efficient risk strategy in place, you won’t have a lot to worry about when it comes to investments and learning.
2. No interferences
Well, a huge drawback of all other investments is the presence of mediators. You’re at the mercy of financial institutions and when you keep money in a bank, you’re still at the mercy of people there and the rules that govern it. As bitcoin or cryptocurrencies is decentralized in nature, there’s no mediator – and no regulations on its growth, trading, and hence external factors cannot hold you down. The large fees for transferring or transactions are wholly eliminated with cryptocurrencies and the presence of third parties as well, which makes the process simplified, fast, and direct. There are no more delays to send money or value to a person residing on another side of the globe.
3. High Liquid value
Bitcoins have a high liquidity value and investors believe this is true for all cryptocurrencies. Well, let us explain: selling or buying any cryptocurrency is extremely easy – and direct – there are no mediators or agencies overlooking it. This ensures that the liquidity is high, and also transfer rates are almost immediate and takes less than seconds, so I mean, why not learn about cryptocurrency and start trading right away? The number of cryptocurrencies existent in the market has increased, and so have crypto wallets in the last year – and that says that it is evolving at an exponential rate, and there’s nothing stopping it – if you learn the tricks of the trade well. Trading platforms for cryptocurrencies have made it further easier to do transactions or investments and it is owing to the fact that it has high liquid value. There are platforms like click money, where it rains money, because they diversify your portfolio and let you invest in a number of assets simultaneously so that you’re always winning: the small ones, as well as going for the big win. From commodities and assets to CFDs, to bitcoin or forex – they give you all the help you need to trade, and your algorithm-based system works wonders in getting you your profit share and make it a steady income source.
4. Accessible and easily available
Investments can be very time-consuming, and you know that even if you’re a newcomer in the world of trading and investment. Real-estate has a high threshold industry, besides you need a lot of money to get started in other markets – and when it comes to cryptocurrencies, you don’t have an entrée limit or you don’t need a high threshold industry for any of it – so, you just do it all online. Make an account, invest, and keep following up. You don’t have to go to a bank or any institution – just everything online, right from your couch, car or work-desk.
5. The future is bright
That is only putting it lightly – cryptocurrencies are doing great, and that’s what we opened with, and that’s why you’re reading this article and that’s why you’re wondering whether you must learn this new trick. Previously, people didn’t invest thinking it was an extremely volatile market, but well, that hasn’t stopped it from booming. They have also become way more secure networks in the last decade and that’s half the reason why more people are flocking towards cryptocurrencies, and trying to change their destinies!