Website design By BotEap.comThe birth of bitcoin in 2009 opened the doors to investment opportunities in a whole new type of asset class: cryptocurrencies. Many entered space very early.

Website design By BotEap.comIntrigued by the immense potential of these fledgling but promising assets, they bought up cryptocurrencies at cheap prices. Consequently, the 2017 bull run saw them become millionaires/billionaires. Even those who didn’t bet much made decent profits.

Website design By BotEap.comThree years later, cryptocurrencies are still profitable and the market is here to stay. You may already be an investor/trader or maybe you are contemplating trying your luck. In both cases, it makes sense to know the benefits of investing in cryptocurrencies.

Website design By BotEap.comCryptocurrency has a bright future

Website design By BotEap.comAccording to a report titled Imagine 2030, published by Deutsche Bank, credit and debit cards will become obsolete. Smartphones and other electronic devices will replace them.

Website design By BotEap.comCryptocurrencies will no longer be seen as pariahs but as alternatives to existing monetary systems. Its benefits, such as security, speed, minimal transaction fees, ease of storage, and relevance in the digital age, will be recognized.

Website design By BotEap.comConcrete regulatory guidelines would popularize cryptocurrencies and drive their adoption. The report forecasts that there will be 200 million cryptocurrency wallet users by 2030 and nearly 350 million by 2035.

Website design By BotEap.comOpportunity to be part of a growing community

Website design By BotEap.com#IndiaWantsCrypto by WazirX the campaign recently completed 600 days. It has become a massive movement supporting cryptocurrency and blockchain adoption in India.

Website design By BotEap.comFurthermore, the recent Supreme Court ruling overturning RBI’s crypto banking ban from 2018 has instilled a new surge of confidence among Indian bitcoin and cryptocurrency investors.

Website design By BotEap.comThe 2020 Edelman Trust Barometer Report also notes people’s growing faith in cryptocurrencies and blockchain technology. According to the findings, 73% of Indians trust cryptocurrencies and blockchain technology. 60% say that the impact of cryptocurrency/blockchain will be positive.

Website design By BotEap.comAs a cryptocurrency investor, you are part of a thriving and rapidly growing community.

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Website design By BotEap.comDiversification is an essential basic investment rule. Especially during these times when most assets have suffered heavy losses due to the economic difficulties caused by the COVID-19 pandemic.

Website design By BotEap.comWhile investing in bitcoin has returned 26% year to date, gold has returned 16%. Many other cryptocurrencies have registered ROI in the triple digits. Stock markets, as we all know, have performed dismal. Crude oil prices plunged well below 0 in April.

Website design By BotEap.comIncluding bitcoin or any other cryptocurrency in your portfolio would protect the value of your fund in such uncertain global market situations. This fact was also impressed by billionaire macro hedge fund manager Paul Tudor Jones when he announced plans to invest in Bitcoin a month ago.

Website design By BotEap.comCryptocurrency markets are active 24/7, 365 days a year

Website design By BotEap.comUnlike regular markets, cryptocurrency markets operate 24/7 without fatigue. This is because digital currency systems are essentially designed using pieces of software code that are protected by cryptography.

Website design By BotEap.comThe operational plan does not involve human interference. Therefore, you can trade crypto or invest in digital assets whenever you want. That is a great benefit! The cryptocurrency markets are very efficient that way.

Website design By BotEap.comFor example, Bitcoin has successfully processed transactions with 99.98% uptime since its inception in 2009.

Website design By BotEap.comCheep: https://twitter.com/fernandoulrich/status/1185368277557620736

Website design By BotEap.comNo paperwork or formality required

Website design By BotEap.comYou can invest in bitcoin or any other cryptocurrency anywhere and anytime without unnecessary terms and conditions.

Website design By BotEap.comUnlike conventional investment options, where an absurdly high amount of documentation is required to prove that you are an “accredited investor”, crypto investing is free for everyone. In fact, that was the intended goal behind the start of cryptocurrencies. The democratization of finance/money.

Website design By BotEap.comTo buy any cryptocurrency in WazirX, you need to open an account for which you only need to provide some basic details, including your bank account information. Once they are verified, within a few hours, you are good to go.

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Website design By BotEap.comWhen you buy bitcoin or any other cryptocurrency, you become the sole owner of that particular digital asset. The transaction occurs in a peer-to-peer agreement.

Website design By BotEap.comUnlike bonds, mutual funds, stock brokers, no third party ‘manages your investment’ for you. You make the buying and selling decisions, whenever you want.

Website design By BotEap.comUser autonomy is the biggest benefit of cryptocurrency systems providing amazing opportunities to invest and build a corpus on your core capital ‘independently’.

Website design By BotEap.comThese were some of the benefits of investing in cryptocurrencies. We hope you find them useful and compelling enough to start your crypto investment journey.