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The world's economic system has gradually, yet steadily advanced to a digital eco-system. Needless to say that we have reached a point where financial services, investments, and money transfers have gone completely (almost) paperless. Hence, cryptocurrencies are the most trending and promising addition to the global digital financial system.
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What is a cryptocurrency?
A cryptocurrency is a means of exchange like normal currencies such as Dollars, Pounds, Rands, and Euros, but is designed with the purpose of exchanging digital information.
Cryptocurrency can equally be seen as a decentralized virtual currency that uses cryptography for security, thereby making it hard for it to be counterfeited. Cryptocurrencies are not controlled by any world government, hence it cannot be affected by governmental regulations and policies.
Below are 6 reasons why you should consider investing in cryptocurrencies:
Accessibility.
Basically anyone who has access to the internet can trade cryptocurrencies. There are no restrictions whatsoever.Total and absolute Control.
You call the shots as regards your financial transactions. Unlike fiat currencies that are loaded with useless and absurd restrictions and regulations by the government, cryptocurrencies allows you the freedom you desire.Ease of use.
The blockchain technology is the brain behind the cryptocurrency; thus giving you the power to become your own bank. With a mobile device, laptop etc, you can make payments to anyone from anywhere, at anytime.Fraud proof.
Every cryptocurrency in use stores their confirmed transactions in a public ledger that's accessible to everyone. To ensure the legitimacy of record keeping, the identity of coin users or owners are encrypted.No identity theft.
All transactions between digital wallets are calculated accurately, thanks to the ledger. Through encryption, blockchain ensures secure digital transactions and smart contracts that makes hard to hack and free of fraud. With this level of security, the blockchain technology is set to influence every area of our lives.Investment opportunities.
With the emergence of cryptocurrencies like Bitconnect which guarantees you 1% daily returns through their Lending, Staking, and Mining opportunities, it has become a piece of cake to make passive yet regular online income.1362016559.jpg)
One last viable option is to buy as many cryptocurrencies as possible and hold them for the next 3 - 5 years. We have witnessed Bitcoin's exponential growth in recent times. Same thing goes for Ethereum, Dash, and Litecoin to mention a few.
If you would like to join me on Bitconnect, here is my referral link. https://bitconnect.co/?ref=ademayo89590365123.jpg)
Wise person must invest.
Only foolish people make silly excuses.
They will regret.
Investment is gathering and saving for the rainy days. The tiniest creatures as ant should serve as an example to humans, they gather together in group and support each other to carry crumbs to its holes no matter the size, they don't start biting nor eating it on their way because it has a sole purpose which is to save and once a crumb is kept, they opt out to find more.
Let's learn from the ants.
Nice and worth adopting write up@ademayo89
Thanks. Nice comment.
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Thanks
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