Cryptocurrencies are the biggest innovation since the internet. We are at the very beginning of something huge that will change the world.
Cryptocurrencies provide a solution to problems worth thousands of billions of dollars. That's why their value will one day reach thousands of billions of dollars.
It is estimated that there is currently an equivalent of $ 200,000 billion in cash, deposits on accounts and precious metals used as foreign currency in the world. For comparison, we only count the equivalent of $ 500 billion in cryptocurrencies but they will replace the traditional currencies one day. Cryptocurrencies will eventually rise to the level of currency, probably earlier than we imagine.
We are witnessing the birth of a new financial system taking shape, it is natural to witness a certain level of speculation. Organic growth is certainly underway and progress is being made from the top down. Government recognition and approval, continued adoption by traders, traders and consumers as well as innovative services help to increase the attractiveness and usefulness of the currency.
Some expert advices on crypto currency:
If you want to do trading in general, there are always fundamental principles to know. These principles must be known by heart and will guide you throughout your life to trade in any field.
Whether in the stock market, the Forex market, or the precious commodities market, you need to know and apply these principles.
In the field of cryptocurrencies it's exactly the same thing. This market is new and has no history of several decades like other markets, these principles are even more important.
1- Do not invest more than you can afford to lose
2- You did not lose until you sold
3- The technical analysis is wrong 45% of the time
4- Your emotions are the key to your success
5- The market remains the absolute master