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Some people have doubts about
invest in cryptocurrencies. However, it is interesting to note that crypto
the investment is very lucrative when compared to traditional investment tools.
Crypto-currencies record mbadive gains in years
We talked a lot about the decline in
cryptocurrency price since the known Bull Run in 2017 and early 2018.
Although Bitcoin and other cryptos have lost more than 80% of their value in
a few months, they still offer better investment opportunities for people.
Dan Hedl, the co-founder of
InterchangeHQ recently released a photo comparing the return on investment of cryptocurrency
from their exchange lists. The picture shows that a person who has invested
$ 100 to the Bitcoin exchange list a few years ago would currently be
holding BTC worth approximately $ 1.3 million. The second on the list is Ethereum (ETH),
which is now worth about $ 68,000.
Other crypto-currencies such as Dash,
Binance Coin (BNB), XRP, Monero (XMR), Stellar Lumen (XLM), Litecoin (LTC) and
many others have also grown significantly since their listings. the
amazing return on investment despite the bear market makes cryptocurrency
very lucrative investment.
By comparing the ROI of digital badets to traditional badets, it is clear that they do not yield such high returns in a very short time. Price volatility has made cryptocurrencies even more attractive to some investors. While the Bitcoin trade was below the 1,000 USD mark in early 2017, it recorded huge gains towards the end of the year to reach its record of $ 20,000. These are huge gains that we only see in cryptography and not in traditional configurations.
Some Altcoins have a better return on investment than Bitcoin
The rise in the price of bitcoin has also resulted in
other cryptographic currencies recording even more significant ROI than Bitcoin. A glance
at Litecoin and Bitcoin
graphic until now this
year indicates that LTC is more than three times more efficient than Bitcoin.
Interesting table. It would be nice to see this from year to year, some pieces having definitely defeated bitcoin from one year to the next. For example, litecoin is 3x on bitcoin YTD. https://t.co/G3HmgVGjgO
– BitcoinVisuals.com ⚡️ (@BitcoinVisuals) April 18, 2019
Despite the bear market still in
Litecoin behaves very well since the beginning of the year.
Some investors are also betting on altcoins to lead the next
they believe that it is easier for these coins to reach a market capitalization of $ 100
billion that for Bitcoin reach 1 trillion dollars.
Whatever the case, Bitcoin generally
causes a rise in prices of altcoins. This implies that Bitcoin and
the other altcoins will record excellent gains at the next Bull Run.
Token sales also generate high returns
Investing in crypto-currencies also
include token sales. Despite the negative press around ICO, token sales
continue to produce excellent returns for investors. An example is the sale of BitTorrent Tokens (BTT) that took place earlier
this year on the Binance Launchpad platform.
At the time of the BTT registration, he was
trading at $ 0.000472. However, the price has increased by around 50% in
less than four months and is now trading at $ 0,000751. The accumulation of profits
in a short time is possible in crypto space if only you invest in the
good projects.
After a successful ICO, similar
projects such as BitTorrent made the list and it was only a matter of days before
triple or quadruple in value. With the OIEs and an educated mbad, this model would be
continue as more and more people expose themselves to the new market. As ambitious investors,
placing your money in cryptocurrencies is definitely a good thing.
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