6 reasons why you shouldn

The debate over whether the Bitcoin bubble is bursting has caused concern that cryptocurrency is not a viable long-term investment in the future, however, with Bitcoin now trading at a currency of more than $ 9,000 per cryptocurrency, It has an optimistic future.

Here, MD Blockchain for The 10x Growth Account, Andrew Pritchard, reveals why you should consider the trend with its six reasons why the cryptocurrency is (still) the future.

1. The New Generation of Cryptocurrencies

Bitcoin has led the way in cryptocurrencies and is undoubtedly the most documented cryptographic currency to date, but today, if you want to see a great return on investment, you will have to look further.

Every day Cryptocurrencies are born and developed, showing why the trend of cryptocurrencies shows no signs of slowing down. For example, Litecoin slowly creeps into the heels of Bitcoin in the last year, the price of Litecoin has grown by more than 7000%, so now would be the perfect time to invest in Litecoin before it becomes mainstream and the price per currency similar to Bitcoin recent increase in the price.

There are many other alternative alt-currencies to choose from, such as Ripple, Ethereum and Dash, therefore, the possibilities are endless for the investment in cryptocurrencies.

2. Transparency & Trust

The Blockchain technology registers and verifies every cryptocurrency transaction 24/7, so trust and transparency are at the forefront of this digital currency.

As a result, Blockchain is now used in a large number of industries, including healthcare, finance, supply chain management and real estate, this indicates how beneficial the technology that supports cryptocurrency is for society.

This has given the world of cryptography its first step in the door ready to expand to other industries and offer new capabilities for business.

3. Instant ownership

One of the joys of investing in cryptocurrencies is the fact that you receive instant ownership, there are no complicated forms or long delivery times between the decision to buy and receive the property. Therefore, if you want to invest some cash with a limited cryptocurrency, it is a solid solution!

4. Companies are ready for change

Many leading global brands are constantly looking for the latest technology that can increase their market share, income and opportunities: the success of cryptocurrencies has not gone unnoticed and large organizations have identified it as a method of potential payment. like Ebay.

Ebay has recently faced increasing pressure to accept cryptocurrency payments and, as such, is experiencing how they can apply digital currency to their business model following their decision to leave PayPal as the preferred payment method for consumers. [19659002] Microsoft, AirBnB and Uber have also begun to investigate how to change their practices to include cryptocurrency as a payment option that could reap long-term rewards.

It is true that this research is in its early stages of development, but it is expected that it will not be long before the cryptocurrency is involved in daily business transactions.

5. Simplicity

The cryptocurrency is a new innovation that has been misplaced incorrectly as a complex investment since potential investors originally did not take the time to fully understand the process.

Once you have understood the basics of cryptocurrency and how it works, cryptocurrency is actually very easy to buy. Blockchain cryptocurrency technology makes it incredibly easy to buy and monitors the current position of the currency market for you.

You do not need any professional equipment; the accessibility of crypto is unprecedented. All you need is an Internet connection and a device, and everything is ready to invest.

6. Tighter Crypto Regulations

As cryptocurrency exchanges have increased significantly, cryptoregulations have increased and have faced stricter conditions and conditions to ensure that the digital currency remains fair and credible.

To avoid any money laundering or fraud, the European Parliament has voted in favor of introducing more stringent cryptoregulations and eliminating anonymity, helping to strengthen "legitimate" exchanges, improve the security of Blockchain and maintain all cryptographic investments by on the board to allow the digital currency to prosper even more in the future.