Cryptocurrency as an investment in the future

Johnson
Coinmonks
Published in
2 min readJul 27, 2022

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Investments in futures markets are extremely interesting because they offer both high chances of lucrativeness, but also risks. This is what you should know about cryptocurrencies.

For many people, cryptocurrencies are still a hype that will surely go away. However, anyone who reads the subject quickly realizes that cryptocurrencies and, above all, the associated blockchains have great potential to change the world in the long term — be it in terms of payment transactions, database solutions, or other decentralized approaches. Anyone who invests in digital currencies is also investing in the future. And if there’s one thing said about investments in innovative things, it’s that they can be very lucrative.

Which cryptocurrencies to invest in?

A few years ago it would have been clear which cryptocurrencies to choose: Bitcoin and Ethereum were the usual suspects, the rest of the selection was still limited. Today, however, there are more than twelve thousand cryptocurrencies worldwide. Although not all are traded with every online broker, the choice is still difficult. The high volatility of most cryptocurrencies is an additional barrier for many investors.

More and more investors, therefore, want to buy (USDT) Tether: This is a so-called stablecoin — i.e. a very stable cryptocurrency. Tether is therefore very well suited as a store of value, but also for decentralized money transactions — because it is linked to the US dollar, fast transactions are always possible at low costs

How to invest in cryptocurrencies?

If you want to benefit from the crypto boom, you don’t necessarily have to buy coins. Investors now have a wide range of possible investment types at their disposal. We have summarized the most common of these for our readers below.

New to trading? Try crypto trading bots or copy trading

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Johnson
Coinmonks

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