why people decide to invest in cryptocurrencies

in #money6 years ago

iamgenmercado2
fuente

good as many know the cryptocurrencies have been for a long time a way to have money in the form of investment or rather it is as if we people who do not have much money can enter the world of investments with small amounts as very well we know the investments to companies are quite expensive as a quick example we could see the company Berkshire Hathaway which is a company which owns several shares of the market in which currently its owner is Warren Buffett one of the richest people in the world watching it in this way it is only necessary to see that a single share of this company has a value of 293,670.00 dollars and for a person with 1000 dollars it would not even reach 1% of this company being cryptocurrencies a good form of investment since they would be handled by the same.
Another reason why people opt for circuits is for the simple fact that most are decentralized is to say that there is no entity or rather no one behind these being a very good way for people to have their money so that they can control and manage it to their liking.
imagen mercado
fuente

Of course, like all markets, this has its faults because the cryptocurrency market is a very new market, it is very volatile, that is to say that it has fast uploads and downloads, as you could see last year with bitcoin when nobody I thought it was going to go up so much since not so long ago the bitcoin in the years of the past to 2017 the bicoin did not surpass the 1000 dollars and since its boom in 2017 which reached the 2000 this world became known and started to come out in the light of many new cryptocurrencies also the term of ico which are cryptocurrencies that are about to leave but there is already an initial offer to be able to make the purchase. Well leaving aside the issue of the points to keep in mind as to why people are buying cryptocurrencies instead of investing in stocks are these:

  • They are volatile and can double or triple investments
  • They have low costs so they are accessible to anyone
  • Many of these are decentralized
  • People manage their investments to their liking so they can sell or buy when they decide

No more to say I hope that you have liked my post and leave me your comment with your point of view on the subject and if you think if there are any other reasons


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