Post
Topic
Board Beginners & Help
Re: What are the reasons for entering the crypto market?
by
aysg76
on 06/07/2021, 10:45:33 UTC
As a newbie in cryptocurrency, I first learned about cryptocurrency and wanted to start investing,The reason was that I couldn't go out during the covid-19. I happened to see cryptocurrency news on the website. I started to be shocked by their earnings. I started to invest in Bitcoin and other altcoins with my free funds. I want to ask you when and why did you start investing in cryptocurrencies?
When I loose my interest in inflationary fiat and other financial assets that were giving less or zero returns and my investment were rising although but inflation was hitting hard on them.So I learned about bitcoin then from one of my friend and was keen to know about it and discover it's technical aspects and backend working and was really surprised to see how decentralised crypto could help you to boost your funds and can be used as payment source instead of fiat with no third party with transaction fees.So whatever I can afford to loose invested that much amount in that.Other altcoins don't have a special place in my portfolio but still holding them in trading prespective only.But you should only invest in the coins you have knowledge about and trust in them.The deep you know bitcoin you realise how much banks and government have control over financial status of your life and btc give you freedom from them.