3 Reasons Why People Are Buying Cryptocurrency Now…
Now I know what you might be thinking…
“Did I miss the train?”
“Am I too late?”
That was what I initially thought too, until I did some research.
Short Answer: it’s just getting started, and it looks like it will be here to stay for a long time.
To understand that, here are 3 main reasons why people buy or invest in Cryptocurrency:
Reason #1. It’s HOT
Bitcoin is making some serious coin right now for serious traders. If you had bought just $100 worth in May 2010, you’d have coin worth $72.9 Million today. Sure, you wished you had done this back then but hey there are still other cryptocurrencies to invest in.
Reason #2. It’s Liquid
Japan’s decision to start recognizing it as legal tender in April 2017 seems to have led directly to the current run-up. Markets in Japan and South Korea recently priced it at $2,350 per coin. This seems to be fueling a rally in other cryptocurrencies.
Reason #3. Hedge Against Market Uncertainty
While I think it’s a good time to invest in Cryptocurrency (my business partners and I have been buying some across Bitcoin, Ethereum and Ripple)… it’s also a good time to sell a product about it!