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  1. #1
    Trader Killer_Queen's Avatar
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    5 reasons to invest in cryptocurrency

    5 reasons to invest in cryptocurrency

    who does not know about cryptocurrency nowadays? it beats the stocks popularity and of course over forex market too. people get attracted more with cryptocurrency with its fast and high volatility that could change a person to be rich faster than when they trading with forex or stock market. such comparisons made most people inclusively beginners try to learn about trading in cryptocurrency.

    cryptocurrency now has become one most-interesting business to participate due to its huge popularity among people in the world starting from low type investors to big world bankers. it is not only attractive by the popularity, cryptocurrency market has also gave a lot of benefits to many smart investors in fast peak and simply raised small value of cryptocurrency to become higher. unfortunately this made most beginners lost their money due to the fluctuations of cryptocurrency.

    in this thread i want to share my own thoughts about cryptocurrency investment and why we should do that with 5 points. these points i hope they can clarify more knowledge about cryptocurrency and may help new people who have not invest any money with cryptocurrency and now become interested to try.

    reason 1 - safe place to keep the currency with public ledger

    mostly known as blockchain. one most favorite place for investor to make all transactions regarding to cryptocurrency. it is named with public ledger because blockchain is not owned by any goverment or not related to any bureaucracy in this world. which make it safe and trusted. investors identities of currency's owners are encrypted to cloud server to ensure the legitimacy of record keeping. what is better than this in this digital world of trading?

    we can keep our track record of transactions safely with ledger. unlike other companies or banks who keep our records but we can not access it, trusted ledger such as blockchain helps this out a lot and make us easily to monitor every activities with our account and everything is recorded, not a single thing is missing from it.


    reason 2 - it is a futuristic currency which all people would probably use in future

    some of us may think this cryptocurrency market now is less used within our country because most of payment and purchase still using physical money. less companies are using cryptocurrency out there to buy and sell something but recently i read that in somewhere in usa they allowed of using bitcoins to purchase a property. do not know if it is still allowed or not for now.

    a simple thought may arise from this statement. is it true that the digital era will come soon? well nobody knows for sure about it when, but i think it is going to happen someday in next decades. that is why most people believe that starting this crypto investment from now could give them a future ease to keep money digitally, not keeping the money inside our own wallet.


    reason 3 - everything's at hands

    we are responsible for everything we do with our coins. if we want to keep them longer without selling any then it is fine as well as when we want to buy more. it is all our choice to make and nobody can tell us what to do with our money and if we got our own investment planning with our coins then focus with it.

    this is different type investment compared with forex and stock. we may keep all the physical records between forex and stock market but with cryptocurrency we can not keep any because they are in digital form, unreal yet valuable. so all we can do is to keep them safe inside ledger and wait for the price is going higher if we want to sell it. otherwise if it is going down we can keep the coins until the price is going back again.


    reason 4 - faster process of becoming a successful investor

    many believe and mostly proved there are many millionaires around the world which succeed from cryptocurrency investment. it is why this create huge euphoria in the world and make cryptocurrency most talked and discussed all the time. it is so famous until the food vendor near my house also talked about it. crazy is not it?

    it was dated in 2015 and i can not explain how much money those people made now in 2018 from cryptocurrency investment and how much losses they suffered as well, too bad for those who were very late at buying bitcoins for example. the process is totally different compared to forex and stock trading and so the difficulties.


    reason 5 - no strict restrictions to start

    similar to forex trading, all of people with internet connection and appropriate device can start joining in this investment as long as we got the money to invest. not much, maybe about $1,000 as a startup for cryptocurrency. it is bigger than forex market's minimum deposit but then we must choose which kind of investment we want to do and which one is more interested than the other? choose wisely before we invest the money.

    even if you have not finished your school or have not graduate from your college but still got some money from your savings or gifts from parents or else you have the money from your hard work, then you can invest the money with this market. once you get in, you will be equally the same and worth the name as investors. this kind of investment does not give any attention to our social status, skills matters.


    my conclusions about cryptocurrency - 5 reasons why we should think about it again

    1. specifially for Muslim people. since it is non-physically currency and only contains number inside our blockchain or other public ledger, i am afraid for Muslim traders this is prohibited because a transaction must be made between physical items which make forex and stocks still considered and allowed to use.
    2. Muslims people should be thinking wise enough about this cryptocurrency investment. in the law we know that we can only get the profits in halal when the amounts are not really bigger than the money we risk before. if it is bigger then it can be called as interests, swaps, commissions or anything that related to those which are haram to receive.
    3. it creates fast pace of high and low. those who does not prepare for instant change from market could probably drive themselves crazy especially to those who spent all their savings to invest with cryptocurrency. many sad stories shared on internet about this and i feel so sorry for them.
    4. we need to pay attention to market big speculators because cryptocurrency market is not driven by most economic news and it is only affected usually with usd. if we can not play big money in the market then we should remain patience to keep our coins grows bigger. never sell any if the price still lower than we bought.
    5. there is no minimum requirement to start the investment but for higher earning mostly people are willingly to risk even their whole pensions or savings to invest with cryptocurrency. it may be sweet business in the beginning but if we do not learn and practice about it first, i am sure we can become an easy meat to other speculators in market, letting them to take our money easily without big efforts.

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  2. #31
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    Thanks Mate i was looking exacly information like this to my project !

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  3. #32
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    I think we should focus on making deposits through cryptocurrencies as a beginner. I'm saying this because we don't have enough knowledge (excluding some experts) to handle the rush of cryptocurrency-trading. We can make wallets and fund them using our favorite cryptocurrency and then make deposits to trading account. When we can make some profit then we can store into the wallet created by us.

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  4. #33
    Trader jamey's Avatar
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    Investors will invest in cryprocranean investment because they really love to see their investment growth value, thus giving them profitable returns. There is a huge potential for cryptocurencies and it would be a good for us to understand the correct type of cyprocrotection for investing. We can start with whatever capacity we can and we hope to grow it as soon as we want it to happen.

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  5. #34
    Trader xauyuro's Avatar
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    Quote Originally Posted by Killer_Queen View Post
    5 reasons to invest in cryptocurrency


    we are responsible for everything we do with our coins. if we want to keep them longer without selling any then it is fine as well as when we want to buy more. it is all our choice to make and nobody can tell us what to do with our money and if we got our own investment planning with our coins then focus with it.

    this is different type investment compared with forex and stock. we may keep all the physical records between forex and stock market but with cryptocurrency we can not keep any because they are in digital form, unreal yet valuable. so all we can do is to keep them safe inside ledger and wait for the price is going higher if we want to sell it. otherwise if it is going down we can keep the coins until the price is going back again.


    reason 4 - faster process of becoming a successful investor

    many believe and mostly proved there are many millionaires around the world which succeed from cryptocurrency investment. it is why this create huge euphoria in the world and make cryptocurrency most talked and discussed all the time. it is so famous until the food vendor near my house also talked about it. crazy is not it?

    I don't have any interest in cryptocurrency until now. I just think this type of digital money can be long-lasting and safe. considering that every country has a legal currency in its country. whereas crypto is currently only used in peer to peer transactions.
    whereas currently the currency has been digitized in the form of a digital wallet and can be used for shopping or other transactions using cards or barcodes.

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    Last edited by Gamer; 04-05-2019 at 04:42 PM.

  6. #35
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    So I think that stability in price will be higher in 2019 because the bears are dying off one after the other and so far 2019 is better year to start investing in crypto because it will be the year of huge adoption which will make the price of all coins skyrocket soon

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  7. #36
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    I also think that cryptocurrency has a great future, and soon many people are likely to use it. By the way, I also became interested in cryptocurrency and will soon start trading it.

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  8. #37
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    Investing in crypocurrencies offers outstanding profit opportunities. At the same time, these opportunities appear due to the high volatility of this kind of assets while volatility is often associated with high risk too. In fact, crypto trading could be too risky for some traders since daily range for some currencies could even exceed 20%. The supply of tokens is relatively low, so the price could change substantially if someone would buy or sell a lot of them.
    Another approach that could be interesting too is value investing. In this case, investor is looking for underlying value of the particular token. To make right decisions, he have to evaluate all information available about the company, the team developing the project, and the most important - the technology and new opportunities it offers. If the same goal could be reached without utilization of blockchain and DLT, the project has lower value.
    It is quite difficult to make reasonable assumtions on internal value of crypto assets due to the numerous factors. First of all, the sphere itself is quite complicated, especially of those investors who have relatively weak knowledge on distributed ledger technologies. Another point of attention is the information about the company - it could be difficult to find it since there are on strict disclosure requirements like ones applies for public companies.
    Despite all doubts, crypto investing is still interesting for investors looking for new ways to diversify their portfolio.

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