Why You Should Start Investing into Cryptocurrencies like Bitcoin $BTC, Ethereum $ETH, and Ripple $XRP

1. The Future Currency #

Banks anticipate cryptocurrencies becoming the main currency in the future. The economic crisis of 2008 showed us is that traditional banking systems are flawed and many consumers are looking to alternatives where governments and central banks are out of the equation.

Banks are starting to catch on such as Deutsche Bank strategist Jim Reid who wrote in a report looking at 24 alternative ideas for the next 10 years. “If current trends continue, there could be 200 million blockchain wallet users in 2030.”

Twitter’s Jack Dorsey has said he believes bitcoin will eventually become the world’s single currency.

Elon musk has stated that “crypto is a far better way to transfer value than a piece of paper.”

China state tv states that blockchain the technology that makes crypto possible is 10 times more valuable than the internet.

2. New Technology – Web3.0 #

Cryptocurrencies run on top of blockchain technology which is the biggest technological invention since the Internet. If your not already familiar with this new technology your gonna want to get up to speed fast, and your just in time to start playing catch-up.

Recall the 90s when the internet was taking off. There were those who resisted adapting to it and there will also be those people with the blockchain and crypto revolution.

But do you really want to be one of the ones fell behind on times, given how much we rely on just like we now rely on the internet for information and communications it’s soon going to be the same for financial transactions using blockchain

3. Using Blockchain for Financial Transactions #

Upon learning how to use these technologies, you’ll position yourself better for opportunities in this space where you can make and receive payments with a crypto account.

Just think of all you can use it for, even though the really big opportunities come with investing in crypto and we have Bitcoin to thank for that.

If you’d invested $100 in it just five years ago, that one hundred dollars would now be worth two thousand five hundred.

Or if you’d got into it really early with that 10 years ago, it would be worth 1.9 million the price of bitcoin is still set to keep going on up even with the dips here and there.

Though to be fair probably not as dramatically as it did before other cryptocurrencies like Ethereum, Litecoin, Dash, and Ripple who also also have huge potential to grow and bring great returns to patient investors

But to know which coins to invest in you need to get educated and get some experience under your belt. So why waste any time, now’s the time to get crypto savvy and learn to spot the opportunities because you can be sure there are huge opportunities waiting.

4. Store of Value #

Cryptocurrency can be a solid alternative for saving your money. We’ve already talked about crypto’s long-term upward trend, let’s compare that with regular money.

If you took $100 in cash buried it and waited for 10 years, the amount you could buy with it a decade later could be a lot less than when you put it in the ground because of inflation.

Leaving it in a bank account isn’t going to be much better because of the interest rates in bank accounts which can vary from zero to extremely low.

Disclaimer, yes crypto is more volatile than most currencies largely because it’s still new and gaining traction like at the start of 2018 when the price of bitcoin tanked.

But remember it’s more or less recovered since then and its upward trend is likely to continue and win out on any volatility. This is what makes it such a great option for long-term saving, since something that will beat any interest rates banks can give you.

5. Inflation Safe Haven #

When you invest in crypto you’re safe from inflation. We were just talking about inflation now let’s spell it out the full the problem with traditional money.

The main issue is that it’s always going down in value and this isn’t by accident. Governments and central banks do it on purpose especially when there is a financial crisis, or like one in the year 2020.

At times like these there’s a shortage of money and governments try to get around it by printing more. In fact much of the dollars that exist today were created in 2020 when the federal reserve injected two trillion dollars into the economy making money appear out of thin air.

Might sound pretty useful until you figure out the catch, which is there might be more money but the amount of goods and services it’s chasing stays the same.

This means the value of the money goes down compared with the value of those goods and services and that is what we call inflation

That’s why smart people trust gold more than money because when there’s an economic crisis new gold doesn’t just magically appear out of nowhere. On top of this gold and other preciouses metals holds their value similar to bitcoin and other cryptos don’t get created as a short-term fix to financial problems.

This means that crypto also holds its value and is inflation proof.

6. Easy to Access #

It’s way easier to get into crypto than you thought. Just in case you thought you needed a PhD in programming, or maybe in finance to get into crypto. In fact just simply having a smartphone with internet access will do nicely.

Crypto is way easier to get into than most traditional investments first because it’s got high liquidity, meaning that you can buy and sell it easily and quickly.

Second, there isn’t a high threshold to getting into, unlike for stocks and bonds where usually you need to put a large sum of money in. and you can’t just put down $100 bucks.

However, with crypto it is easier to purchase because in many instances there’s no central bodies, and no paperwork to opening an account, getting a wallet track your assets and it’s pseudonymous meaning you don’t have to give any documents or even your name.

We realize there’s still a lot of confusion and not many people understand how this space works and how to take advantage of it.

That’s why we decided to create the best course out there to guide you step by step through everything we’ve learned about bitcoin and blockchain from scratch.

It’s called bitcoin essentials, where you’ll learn how the technology works, how to use it, how to buy bitcoin safely, and how to store it.

Just go to TMBassets.com  if you want to be part of this new revolution in technology and wealth. This is something you really don’t want to miss out on.

7. Decentralized Currency #

No one controls your money but you compared to regular fiat money which is controlled by governments and banks.

You might be wondering who then controls crypto? Well that is the beauty of crypto, in that it is controlled by nobody and everybody at the same time.

Lets look at Bitcoin for example, the code is stored in thousands of nodes which is essentially the computers of tens of thousands of people who voluntarily run Bitcoin using software on their computers otherwise known as Bitcoin mining.

There’s no central authority or single body behind it and all users effectively hold the control, which makes it in everyone’s interest to keep the network active and healthy.

Running it this way has all kinds of advantages over banks, such as how banks are only open business hours of the country they’re based in, while blockchain functions non-stop.

Similarly, bank payments can take up to 48 hours to clear bitcoin transactions take between 15 minutes to an hour.

8. Best Security on the Market #

With no big powerful institution monitoring it is it safe?

The answer is a definite yes, it’s got the best security out there and that’s based upon the way the information is stored anytime a transaction takes place and digital money gets handed over to a new user that gets recorded permanently and it can’t be erased even after it’s changed hands.

Remember we said the data is stored by tens of thousands of users unlike a bank which has one central database.

If one user has an error or if anyone tries to tamper with information the other tens of thousands will cross-reference each other and correct it. This means the bigger the network the more secure it is and in the case of Bitcoin that’s huge, so you can count on it being secure.

9. Lowest Transaction Fees #

By far for any kind of investment you make there are going to be fees.

Fees for making buying selling and even storing the investment and this is also true of crypto.

But the difference is that with crypto fees are determined by users and that means it’s in their interest to keep them low much lower than the ones you’ll be charged by stock brokers to invest in stocks or bonds, and the same goes for making transfers especially international ones.

Make a transfer through a bank and you’re going to get slapped by a high fee, but with crypto there are no institutions making a profit from these money transfers which is a huge advantage to people doing business.

Just another reason why the adoption rate of crypto is just gonna keep going up number

10. Blockchain is Here to Stay

What you have to understand about blockchain is that Bitcoin and other crypto are built on blockchain in the same way that Facebook or Google are built on top of the internet.

Blockchain technology is what makes crypto possible but there’s more to blockchain than crypto.

We think that crypto is proof enough that blockchain is going to become more important, but just in case you needed more let’s just look at all the things blockchain is being used for.

Big business is using it to record data companies like Walmart use it to keep data which is too complex for a spreadsheet, and healthcare providers use it to store their patients medical records safely, while there is even potential for it to grow into records of property ownership and in elections to keep track of votes and take away the need for recounts!

Yep that sure would have come in handy in 2020.

11. High Returns on Investment #

If done right, we’ve already explained to you how much bitcoin’s gone up and how the long-term trend is found to continue upward so we won’t repeat ourselves,  but we will take the chance to tell you about a few other cryptocurrencies in 2020.

Even with the pandemic in full swing lots of crypto have seen big gains.

The world’s second largest crypto Ethereum started the year at $145 and is now at $2,600 and some are anticipating it to be as popular as Bitcoin.

Ripple started the year of 2020 at just over 20 cents and is now around $1.25 cents and many others are headed in the same direction.

Further proof that now’s the time to get in the door if you haven’t already.

12 . It’s in Limited Supply – Protected from Inflation #

Remember how we talked about how conventional currencies lose their value because of inflation?

There’s a simple reason why crypto doesn’t.

The supply of coins are capped which is written into the source code and this ensures that there will only ever be 21 million Bitcoin ever produced, currently 18.5 million bitcoins have been mined.

A quick explanation of mining can be though explained as when advanced computers use their processing power (CPU) to crack complex math problems and unlock the bitcoins stored in the code.

Even if new bitcoins are still getting mined there’s no limit to this, unlike with traditional money when banks decide to print it by the truckload.

With bitcoin the number of new coins released slows down every four years meaning the supply is limited and that’s the reason bitcoin won’t suffer from inflation number.

13. Price Dictated by Market – No Government Can Touch It

With traditional money governments have lots of options for manipulating its value.

We already mentioned printing new money as well as that they set interest rates on the price of borrowing government money, which has ripple effects for the rest of the economy.

With crypto none of this is set by governments and instead everything is controlled by the free market or how much people are willing to buy and sell it for.

Besides that governments can’t freeze crypto accounts or look at records of who has how much in each account and that’s because unlike regular bank accounts, crypto accounts are pseudonymous which means the holder doesn’t disclose their true name or identity number.

14. It’s at an Early Stage – Already Disrupting Traditional Markets #

Since bitcoin was created in 2009, meaning crypto is already over 10 years old but now’s the time it’s really taking off.

The growth it’s going to see over the next decade is going to be a whole load more exciting than what we’ve seen up till now.

You could say the stage right now is like the internet in the 90s, in fact if you look at the numbers of people who’ve adopted cryptocurrencies over the last decade it looks a lot like the adoption of the internet back in the 90s.

Deutsche bank have pointed out this similarity too and they predict the adoption rates are going to keep on the same rate as the internet of the 90s.

In other words it’s gonna keep going up in a spectacular way and just like the internet disrupted literally everything over the last 20 years, we’re probably looking at blockchain doing the same thing over the coming decades number

15. Big Business is Taking it Seriously #

Look at the list of companies that already accept payment in Bitcoin; Tesla, Microsoft, McDonald’s, KFC, Subway, 4chan, Norwegian Air, Twitch, sports clubs like the Dallas Mavericks, Miami Dolphins or Portuguese soccer club Benfica and Wikipedia accepts donations in Bitcoin.

It’s true that other companies are still reluctant to allow payments in Bitcoin because it’s still volatile, but that’s bound to even out over time and more and more big businesses will accept bitcoin and other crypto as payment.

Remember how we mentioned that Twitter’s CEO Jack Dorsey talked about it being the future of money? Well he’s put his money where his mouth is and his payments.

Company Square has invested 50 million dollars in bitcoin, proof that big business is taking crypto seriously and so should you.

So readers what do you think is the most exciting reason for getting into crypto now? Let us know in the comments

Since you stuck with us until the end you know we’ve got a bonus for you.

You get to be a part of history!

Yep in the future this is the way transactions are going to take place.

One day people will talk about how they used to buy things in dollars, euros, pounds, pesos, yen, and rupees the same way we now talk about people trading sacks of shells or wool or salt.

And you’re alive at the right time in history to get in at the beginning of this revolution.

You can either ignore it and miss out or be a part of it and now is the time you can choose between one day telling your grandkids you grab that opportunity and won big or admitting to them that you slept through it and missed out entirely.

we hope you found some inspiration in this post today and some useful information as well if you learned something and enjoyed.

If so don’t forget to check back for more content and pick up your own Automatic Trading Bot: