Cryptocurrency Investment Advantages
Potential Future Price Hikes You have often heard, bitcoin and other digital currencies have made dozens of people suddenly rich. The trend that has increased tremendously is authentic evidence of the past. How about in the future? Even magicians will not be able to act appropriately, but learn from the existing patterns, so that the future increase in the value of bitcoin is not an impossibility.
Freedom and Speed Bitcoin, ether, and the most eye money other crypto use blockchain technology without a third party, namely banking. Thus, there are no rules that hinder the payment process. For example, when transferring abroad, the process does not need to wait for a working day, but only hours or even minutes. Why is it that easy and Creative? Because of its principle, the original purpose of cryptocurrencies was to remove the barriers in the financial world. Although currently, various startups are starting to issue cryptocurrencies as a means of funding through ICOs. Especially for those of you who like to buy goods through the "Deep Web", it is mandatory to use digital currency. I seldom sell the seller there accepting payments by ordinary transfer.
Identity Security In this world, there are people who have strange needs, such as housing for identity when making transactions. Eits, don't think negatively yet ah! It could be because the bank or merchants don't know their personal information. Information is valuable and prone to being misused. Therefore, some people choose to use BTC and ETH to guarantee the information. But don't use it in Indonesia, it's forbidden to buy and sell.
Avoid counterfeiting money One of the problems with using paper or credit cards is that they are prone to robbery and counterfeiting. Technically, in the digital world, there is a term "double spend", which relates to using the same money, someone doing transactions for two different things. The blockchain scheme in cryptocurrencies does not allow this to happen, it is safe!
Participate in the ICO Do you know what an ICO means? I once wrote about an Initial Coin Offering. Where companies that have projects, issue digital currency to finance them. Now the great thing is, many ICOs make people rich because the projects are running smoothly so that the value of the coins has increased tremendously. We'll use another example. Suppose project X issues Xcoin at an ICO price of USD 0.01/token (coin). Then within a year the price increases to USD 1 per coin. Up 100 times, please! profitable isn't it