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      Cryptocurrencies. Investment, prospects.

      Cryptocurrencies have been a loud and often discussed phenomenon in society for several years now. This is due to the fact that cryptocurrencies, like no other investment instrument, have had the largest price fluctuations on the market in recent years.

      Despite the big differences, trading and investing in cryptocurrencies can be profitable in both the short and long term. However, due to large price fluctuations and low stability, these financial instruments are also high risk!

      What is a crypto currency?

      Cryptocurrency is a virtual or digital currency that allows you to make anonymous payments without the need for third party banks. Cryptocurrencies are decentralized and not maintained by any institution, and payments in this unit are named among the most secure in the world due to special cryptographic encryption. It is for this reason that cryptocurrencies are a very attractive investment tool in the market. There are currently over 15 different cryptocurrencies and tokens on the market, but to date, over 000% of the market is owned by Bitcoin and Ethereum. A few years ago, most of the new businesses in this market appeared and tried to raise capital by issuing personal cryptocurrencies, also known as ICOs. It is ICOs that have fueled the popularity of alternative cryptocurrencies in recent years, as more and more market players begin to support and invest in new projects in the hope of high profits over the years. But this was only the beginning, the last few years have become even more active in the cryptocurrency market. Enthusiasts of this market have begun to create their own cryptocurrencies (tokens) due to increased investment and easier access to this market, as it has become easier than ever, and the opportunity to present your project captivates everyone. In fact, most of the so-called "mem coins" appeared, such as Shiba, Doge and thousands of others. These currencies united most communities, and the very concept of cryptocurrency became even more popular when it was “tokens” like “Doge”, “Shiba”, “Safemoon” that brought huge profits. Undoubtedly, there were those who suffered as a result of this, as they invested after they were already fortunate enough to be on the verge of a sudden price drop.

      Why invest in cryptocurrency?

      Why do most people still say that this can be a profitable investment? As we mentioned earlier, cryptocurrencies are not only the two main and most widely known terms, Ethereum and Bitcoin. Most agree that in order to make significant amounts trading cryptocurrencies, it is important to understand that the highest possible return on investment lies in small, obscure cryptocurrencies with high project potential and growth potential, otherwise known as Alt Coins, which have a very low starting price, but which can fluctuate by 100% or more (either up or down) within a week, month or year. A great example is the Solana cryptocurrency. At the end of 2020, little was known about the project and that it is one of the most serious competitors of Ethereum. So, on January 1, 2021, Solana cost $1,8, and on December 1, 2021, the cost of this project was $227,30. The highest price was reached on November 6, 2021, when the price of Solana was $258.00 Without any doubt, not all cryptocurrencies that are popular now will be active, useful in the future, and most of them may depreciate. However, the system itself seems to be becoming more and more attuned to the world. Most investors and people interested in cryptocurrencies believe that Bitcoin, and especially Ethereum, should remain stable in this market. But again, this is only an assumption, and it is still difficult to predict the future here. However, most investors also agree that throwing all their savings into the cryptocurrency market is a wrong and disastrous move. You must independently evaluate your available capital and determine the amount you can risk. Cryptocurrencies are still complex financial instruments with extremely high price volatility. Therefore, do not forget to assess the potential risks.

      Cryptocurrencies are the future.

      Some investors believe that cryptocurrencies may replace the world's standard currencies and means of payment in the future. In part, by investing in cryptocurrencies, you contribute to the growth and further implementation of this idea. However, only partially, since most investments in cryptocurrencies are still carried out for speculative purposes. Many online stores in the US are already accepting payments and selling goods for the Bitcoin cryptocurrency. This is one of the first and most important steps in the history of the recognition of the Bitcoin cryptocurrency as a unit of account. More interestingly, most large companies invest or even accept various cryptocurrencies. This is what partnerships mean when TESLA decides to accept payments from BITCOIN. Solid enough, right? As already mentioned, most believe that cryptocurrencies and the Metaverse will become connected phenomena, and that certain projects and companies that have currently issued their cryptocurrencies (tokens) will be widely distributed throughout the world. However, as nice as it sounds here, keep in mind that cryptocurrencies, like any other investment, are risky. Every investment decision you make must be considered and considered. Remember that you are risking your finances, so do not invest more than 10-20% of your total funds in cryptocurrencies and closely monitor market developments using special tools and platforms such as CoinMarketCap, where you can monitor cryptocurrency price changes. Financial management is one of the key features of a successful investor. And we will help you keep your finger on the pulse in the world of cryptocurrencies. On our site you will find the latest news of the crypto world, the most popular cryptocurrency exchanges, as well as various activities (ICO, IDO, Testnet, Airdrop) for participation in which you can get good rewards.

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