Before we begin talking about why you need to invest in cryptocurrency, you will first and foremost need to adopt the right mindset in place. What does having the right mindset mean? Having the right mindset means being open minded, thinking positive and not whining or complaining after making a decision and being accountable for the choices you have made.
A great mindset would be meaningless without action. Fear will not get you far, and fear will always be your limiting factor in taking that leap of faith. You have to start now. So remember to be firm in your choices, believe in what you pursue and make a difference in your life!
The first advantage of Cryptocurrency is its well-known ‘No Third-Party Involvement’. There’s always a pattern when using traditional money to buy yourself a new property, setting up your own business, or buying a new car. One way or another, the process requires a third-party involvement. We are talking lawyers, owners and some others external factors such as, delays, documentations and extra fees. Your transaction is practically immune to any influence from your government and its distinct manipulation.
In this era, most people rarely have their cash in their possession now. Instead, they have an array of credit cards, debit cards and other payment cards available as their nations’ method of payment. Nothing’s wrong with that, except however if the store’s connection to the server is disconnected or their machine is out of service, and you who do not possess any cash just ended up holding the line. Cryptocurrency doesn’t work that way. Instead of a ‘pulling’ mechanisms, it ‘pushes’ the amount that needed to be pay or receive to other cryptocurrency holder without any further information needed. Payments are possible without your personal information being tied to you the transaction. Your account can be backed up and encrypted to ensure the safety of your money. By allowing users to be in control of their transactions helps keep Bitcoin, Ethereum or other distinguish Cryptocurrency safe for the network.
Cryptocurrency market is unpredictable and posses a huge risk to their investors. But as predicted by experts, cryptocurrency is here to stay and is already making a known impact on the world of finance. Institutional investors are starting to purchase cryptocurrencies. Banks and governments are also starting to acknowledge the potential that cryptocurrency holds. There are already a lot of people buying Bitcoin to prepare against the devaluation of fiat currency. In Asia especially, the Bitcoin market is flourishing. More and more companies have come across the effectiveness of Ethereum as a Smart Contract or token. This shows how blockchain technology is slowly taking its place in organizations for its security networks.