Google describes it as a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority. Cryptocurrency, sometimes called cryptocurrency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don’t have a central issuing or regulating authority, instead of using a decentralized system to record transactions and issue new units. A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it almost unfeasible to duplicate. Many cryptocurrencies are decentralized networks based on blockchain technology which is enforced by a network of computers. Crypto has the potential to become as important for the late 21st century as cars were in the 20th century. They will metamorphose how fiat & conventional large organizations. They will be a haven for the common man from greedy governments and organizations. Crypto has potential in ways we can’t even phantom yet. Nobody in the 90s could have guessed that in today’s world we could be experiencing a Tesla self-driving electric hybrid car. Imagine…• Not needing a bank to keep your money or keep track of your investments. Having all your investments, and net worth on your phone and computer. Traveling the world using your money remotely. Crypto does that for you. Nobody can tell what crypto will look like in the coming years, but its effects will be groundbreaking and permanent.
WHY INVEST IN CRYPTO?
If you are here reading this, I’m extremely sure You are among the early birds, the trailblazers, the early believers who see and understand the potential of the groundbreaking blockchain technology. Investing in crypto now is equivalent to owning land in NYC 300 years ago. While there are several reservations, thoughts, and opinions on the future success of cryptocurrency, it has performed well against other assets Bitcoin was the best-performing asset of the decade, returning ten times more than the NASDAQ 100 A technology still in its early stage losing over 50% of its market value but still yet doing better than all conventional assets like NASDAQ 100 and fortune 500 companies, the potential is ridiculously great. People always allude to the volatility and scamming potentials with Crypto, But I always tell people that you can’t dismiss or disregard a technology because someone got scammed. Humans will always be humans. As long as they see easy prey. Always do your research. cryptocurrency is multifaceted, This is for people who want to play the long game and attain generational wealth. Join telegram groups to get regular updates. Look out for projects that you’re interested in. And don’t forget that each project has its roadmap. It means that each project has a different growth potential and future. The fluctuation of the price of crypto doesn’t bother or matter to a long-term investor and an avid believer of his investment Successful investors can adapt to the narrative of the market. They don’t pretend to know everything. Successful investors don’t need to buy straight after learning about an amazing Bull run on a coin. They figure out great entry points and enter strategically. Investing is about leaving your money somewhere that in a few years rewards you greatly. So cryptocurrency is the long game and the future of money Now is the best time to reflect, learn, and adapt. Go back to the basics
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