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It's Not Too Late to Invest in Crypto! Here's Why

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 It's Not Too Late to Invest in Crypto! Here's Why!!!

Cryptocurrency is one of the hottest financial topics of the last decade, with both professional and amateur investors being tempted by the potential returns on investment (ROI). While some critics say that it’s too late to invest in crypto due to Bitcoin’s recent drop in value, there are compelling reasons why it’s not too late to invest in cryptocurrency — and these reasons can help you understand why this trend isn’t going away anytime soon. Here are three ways it’s not too late to invest in crypto.


Cryptocurrency is one of the hottest financial topics of the last decade, with both professional and amateur investors being tempted by the potential returns on investment (ROI). While some critics say that it’s too late to invest in crypto due to Bitcoin’s recent drop in value, there are compelling reasons why it’s not too late to invest in cryptocurrency — and these reasons can help you understand why this trend isn’t going away anytime soon. Here are three ways it’s not too late to invest in crypto.


Starting with Cryptocurrency Basics

Don’t let a lack of information and experience deter you from investing in cryptocurrency. Newcomers should familiarize themselves with what exactly crypto is and why it works. These days, most people have a vague understanding of how Bitcoin works because they’ve heard it mentioned on TV or read about it online, but chances are they don’t really know much beyond that. Once you understand how cryptocurrencies work, you can better evaluate whether or not an investment makes sense for you and your business. The basic idea behind cryptocurrencies like Bitcoin is that every transaction involving that currency gets recorded on a blockchain, which is essentially an encrypted ledger of transactions shared across multiple devices around the world.

Another advantage of cryptocurrencies is that they’re decentralized. Since there are no banks or other financial institutions involved, you don’t have to worry about trying to work with an organization that may not be trustworthy and prone to fraud. Instead, all transactions are recorded publicly on a blockchain ledger, so everyone can see each transaction (but only if they know how).


The Pros of Being An Early Investor

Most of us have heard stories about people who bought Bitcoin or Ethereum a year ago and are now sitting on massive piles of cash. It’s very tempting to jump into crypto—particularly when it seems like everyone is doing it. However, for most people, it’s better to wait until we see at least some signs that crypto prices are stable before investing significant amounts of money. Here are a few reasons why: 

1) You can buy small quantities every month or so without feeling like you’re committing major funds. 

2) If your research shows that there will be major swings (up and down), then you know that there’s risk involved with being an early investor.


The Cons of Being An Early Investor

In any kind of market, there are drawbacks. The cryptocurrency and blockchain space is no different. Namely, if you bought into some projects early on when they were still selling tokens (aka coins or ICOs), you might have ended up paying far more than those who got in later. This can be a pain if your portfolio starts getting into some gains or if you’re putting money into a project with an extensive development cycle ahead of it. In that case, though, consider taking profits while they’re available because nothing lasts forever; especially in crypto where volatile cycles make certain investments really worthwhile one day and worthless the next.


Playing the Waiting Game

If you have some cash sitting around, then it’s time to start trading. Cryptocurrencies are volatile and can swing up and down 20% or more in a single day. If you wait too long, you might miss out on getting in on some big gains. This is especially true if Bitcoin forks again (and it will), create a new cryptocurrency (as likely as not), or is simply becoming too expensive for you to buy regularly. With gains of over 1,000% year-to-date, now might be a good time to consider putting your money into crypto. If not cryptocurrencies then at least be ready for another volatile year ahead.


The crypto market is still volatile

Although it has been mostly bearish for a few months, all of that can change at any time. Don’t let fear or anxiety keep you from investing. Like every market, there will be ups and downs; these are just part of trading cryptocurrency. As long as you don’t invest more than you can afford to lose and aren’t betting on single coins, you should be fine. Remember that we are still in a bull market and have seen plenty of periods like these before; corrections like these often provide great opportunities for buying quality altcoins on sale.

 The market is still new and evolving, which is why so many people are hesitant to get involved. This can work in your favor because it means fewer competitors. In time, more people will join and crypto will become even more lucrative. The important thing is not to let fear or anxiety keep you from investing; if you do, you might be leaving money on the table when things turn around. Remember that when you trade cryptocurrency, there will be ups and downs—this is just part of trading digital assets.


The crypto market is tiny compared to other markets

The value of all cryptocurrencies today is less than 1 trillion. That’s a small figure compared to other global markets, such as technology (over $4 trillion), finance ($83 trillion), and real estate ($217 trillion). So, even if crypto were a bubble, it would be one that popped a long time ago, or is still waiting to pop. If you think you missed out on an opportunity in blockchain, don’t panic; there are plenty of new and promising opportunities that will come up.

 If you’re still worried about missing out on crypto, don’t. Today, there are 1,600 cryptocurrencies but only one dominates over 80% of the market share – Bitcoin. Most other currencies are considered altcoins and many will disappear because they aren’t viable alternatives to bitcoin. Even if that happens and some of your investment is lost or if you haven’t started investing yet, it will not be as big a deal as you think when viewed in perspective with all other markets around us. Additionally, blockchain technology will continue to grow even without a cryptocurrency boom and huge opportunities can be found all over that sector too. So stop fretting about missing out on blockchain because it won't affect your potential return on investment.


Crypto market cap is smallIf you’re wondering why it’s a good time to invest in crypto, look no further than the market cap. A small market cap indicates investors are still unsure of a cryptocurrency’s potential, so they haven’t put much money into it—therefore it has plenty of room for growth. For example, as of early March 2018, one cryptocurrency called Bitcoin Cash has a market cap of just $21 billion. Compare that with another popular crypto asset called Ethereum which has a market cap of over $50 billion larger than $72 billion. As an investor myself, I can tell you I would much rather own 10% of 1 currency worth $100 million than 10% of 1 currency worth $2 billion.

Ethereum was also a similar story before its meteoric rise. At one point in 2015, its market cap was just $700 million. Investors were hesitant to invest large sums of money into Ethereum, but they took a risk, and now it’s sitting on more than $50 billion market cap. Do you think they regret not investing earlier? Not a chance! So if you’re wondering if it’s too late to invest in crypto, take comfort knowing that even if we only see another 5% gain in 2018, your cryptocurrency portfolio would be worth 50% more than what it is today.

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