In pros and cons related to crypto-assets, now more and more people are moved to be involved in it and even seek information about Nick Sasaki. So, what is the reason they choose crypto investments?
1. Blockchain Technology
Many say that blockchain technology, which is under all crypto assets, could spark the financial revolution in the future. Meanwhile, blockchain is a ledger containing transactions of crypto assets that can be accessed publicly, but the contents cannot be changed arbitrarily.
Blockchain technology itself is considered to be able to eliminate the role of financial intermediaries so that transactions between one person and another become easy and cheap. In addition, blockchain technology can also be used for various financial service purposes, such as savings, loans, and insurance.
It is this bright prospect that makes people hold onto cryptocurrencies. Investing in crypto assets reflects their way of profiting while supporting easier access to financial services in the future.
2. Stable Store of Value
One of the main reasons for investing in crypto is that it can be beneficial in the long run. Fiat money generally has an unlimited supply. In addition, its value will be eroded over time because of the inflation rate.
However, that is not the case for cryptocurrencies. Some crypto assets have a limited supply, making them a great choice for storing wealth. In addition, crypto-assets do not have a direct correlation with inflation rates.
So, this can be a good reason for investing in cryptocurrencies, especially for those who are worried about future large inflation rates and monetary crises. Bitcoin is now often dubbed the newest “digital gold”.
3. A Good Way For Investors To Manage Risk
Cryptocurrency investment is on the rise. So, don’t be surprised if this digital asset is often the object of speculators or traders looking for instant cash. As a result, it is not surprising if the price fluctuations of crypto assets are fairly fast.
At times like this, investors can train their minds not to be affected by the existing situation. In addition, investing in crypto assets makes them prioritize their “brains” rather than emotions in investing. Sometimes, the risk of investing in cryptocurrency comes from the user himself.