Two Sides of the Coin<\/strong><\/h3>\nThere are always 2 sides to a coin – those who are For cryptocurrencies and those who are against them; same to Stocks or Gold or Forex.<\/p>\n
On 1 front, people who have made massive gains are probably all in favour of the adoption of crypto-currencies. Several benefits include<\/p>\n
\n- Low costs<\/strong> due to decentralized peer-to-peer transfer,<\/li>\n
- New market & technology which signifies a lot more room for growth<\/strong>.<\/li>\n
- Increased usage<\/strong> throughout the world (Starbucks and Mcdonalds are the pioneer supporters)<\/li>\n<\/ul>\n
![\"stocks](\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2017\/08\/stocks-forex-cryptocurrencies.jpg\")
<\/p>\n
On the other hand, many are still skeptical about this birth of ‘cryptocurrencies’. They call it a bubble and that many alt-coins look like the now de-funct websites that emerged during the dot-com bubble<\/strong>. Other than the cap of supply, there is no real value of the cryptocurrencies.<\/p>\nBitcoin is worth this much because another person thinks that it is worth that price. In an extreme scenario, Bitcoin can go all the way to a dollar<\/strong> and there is still nothing wrong with that fundamentally<\/em>.<\/p>\nI have tabulated a few key points below:<\/p>\n
![\"for](\"https:\/\/www.smallcapasia.com\/wp-content\/uploads\/2017\/08\/cryptocurrencies-for-and-against.jpg\")
<\/p>\n
With the above in mind, one should take note of the\u00a0High Volatility<\/em> that comes with investing in Crypto-currencies.<\/p>\nRoller Coaster Ride?<\/h2>\n
Imagine purchasing Bitcoin exactly 1 year ago at USD 576.<\/p>\n
You would be grinning from ear to ear after being\u00a0750% richer<\/strong> as Bitcoin crosses the mark of USD 4,346.<\/p>\nHowever, if you have bought it at USD 2,951 on 16th June 2017, you would probably have sh*t your pants as it goes down to USD1,920 on 16th July 2017.<\/p>\n
That’s a 35% plunge in a month<\/strong>!<\/p>\nIn short, it is pretty volatile to invest in crypto-currencies and its best to set aside only what you can lose for this ‘next big thing’.<\/p>\n
If you are quite interested to step foot into the unknown world of crypto-currencies, try opening an account<\/a> first.<\/p>\n<\/p>\n
Are you getting pumped up on the Big Gains in the Crypto-Market?<\/p>\n
Stay informed on the latest Crypto-currency Guides and Tools via our FREE newsletter<\/span><\/b><\/em><\/a>\u00a0today!<\/p>\n
<\/p>\n
On the other hand, many are still skeptical about this birth of ‘cryptocurrencies’. They call it a bubble and that many alt-coins look like the now de-funct websites that emerged during the dot-com bubble<\/strong>. Other than the cap of supply, there is no real value of the cryptocurrencies.<\/p>\n Bitcoin is worth this much because another person thinks that it is worth that price. In an extreme scenario, Bitcoin can go all the way to a dollar<\/strong> and there is still nothing wrong with that fundamentally<\/em>.<\/p>\n I have tabulated a few key points below:<\/p>\n With the above in mind, one should take note of the\u00a0High Volatility<\/em> that comes with investing in Crypto-currencies.<\/p>\n Imagine purchasing Bitcoin exactly 1 year ago at USD 576.<\/p>\n You would be grinning from ear to ear after being\u00a0750% richer<\/strong> as Bitcoin crosses the mark of USD 4,346.<\/p>\n However, if you have bought it at USD 2,951 on 16th June 2017, you would probably have sh*t your pants as it goes down to USD1,920 on 16th July 2017.<\/p>\n That’s a 35% plunge in a month<\/strong>!<\/p>\n In short, it is pretty volatile to invest in crypto-currencies and its best to set aside only what you can lose for this ‘next big thing’.<\/p>\n If you are quite interested to step foot into the unknown world of crypto-currencies, try opening an account<\/a> first.<\/p>\n <\/p>\n Are you getting pumped up on the Big Gains in the Crypto-Market?<\/p>\n Stay informed on the latest Crypto-currency Guides and Tools via our FREE newsletter<\/span><\/b><\/em><\/a>\u00a0today!<\/p>\n<\/p>\nRoller Coaster Ride?<\/h2>\n