10 reasons to Invest some bit in Crypto
10 reasons to Invest some bit in Crypto
- It is always wise to diversify your asset class while investing.
- The underlying blockchain technology behind the cryptocurrency is for real with multitude of other applications.
- Crypto will survive from the ‘alternate’ currency benefits over Fiat currency even if may never replace it.
- Regulations could come in but it is too big to be ignored or banned now that it has become popular with very large crypto ownership and market cap including in India.
- Any new asset class if disruptive would naturally be volatile in the 'early adoption' phase
- It is foolish to invest in doge coins/tokens and other fancy assets that have no narrative worth talking and not in the top 5 list.
- It is unsafe to put your money to facilitate crypto transactions into any non reputed exchanges.
- It is not smart to not find profit maximisations from fixed deposit benefits using DEFI lending applications.
- Unless you are convinced very very well in the future potential of crypto, It may be even more foolish to invest more than 1 or 2% of your capital into it.
- Large business houses,Big global investors,Institutions have already turned out in favour of crypto.
Labels: crypto
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