July 14, 2021

To begin with, we are all been forced to obey and adjust our lives during this unprecedented times because of the pandemic and the possibility of it ending is still far to achieve. The whole span of lockdown times and restrictions focused me a little more on cryptocurrency. I learn about crypto back in the summer of 2019 but I was not really into it, for me during those times it was just to kill time while on a public bus ride and being stuck on a traffic and so when the "COVID-19" pandemic forces all mankind in whatever race, color, country or religion they are to stay at home, it makes me fall in love with it more and I wrote also and article about it titled How I discovered Cryptocurrency: CAREWIND'S search for a source of extra income on the web.

Cryptocurrency is considered by many as the second best invention or discovery as of present times after computers. So now I'm going to give five reasons why I support cryptocurrency and with the hope of encouraging more people for its fast adaption in our modern society.

Below is the five reasons why I choose to support cryptocurrency:

• Send and receive money with ease

• Lesser transaction fees

• No third party involved

• Safe from identity thieves

• Potential great return on investment

Let's break down all five reasons I have listed one by one.

Send and Recieve money with ease

To start breaking down with this and I put this one first because it is one of the main reason why Satoshi Nakamoto comes up with the crypto idea is to help people send or receive money easily without any hustle and at our own convenient time and wherever we are. Sending or receiving money with crypto internationally around the world is as easy as sending a private message to our loved ones or an email as long as you have internet connection unlike in the traditional way of sending money via Bank or Remittance Center, we need to go visit their offices or branches to do our transaction.

Lesser transaction fees

If we are to talk about fees in cryptocurrencies, I recommend you all to use bitcoincash ( BCH ) when sending funds with crypto, this coin BCH is a pork of bitcoin BTC which has a bigger block and faster transaction confirmation with the lowest transaction fees I know available on the crypto-market right now. Any single transaction only has an average transaction fee of $0.015 as of this writings no matter of what amount is, isn't it that cool while if we did it in the traditional way would cost as more because the fees start at $13 if we send money internationally.

No third party involved

With the upper mention crypto-coin, BCH also has a Peer-to-Peer transaction system in which means a decentralized transaction not connected to any administration but a direct person to person transaction only. All you need is a BCH wallet that holds your sending address and a receiving address, that just how easy it is. No more KYC policies of any bank or remittances you need to fill-up that stores our personal information and take a copy of ID's our pictures.

Safe from identity thieves

Crypto transactions are very safe from any identity thieves lurking on the web. The transaction is public on a decentralized network but the only thing that would be traceable in there is your crypto-coin addresses, no other personal information of the sender be linked into it. This favors those who are really wanting to keep their selves private. All you gotta to and watch is the correct copying of your crypto-coin addresses because there is no refunds, once mis-copied and wrong crypto-coin address you fill in is an automatic lost of fund.

Potential great return on investment

Knowing crypto as a future of money really catches me and its high-potential return on investment, because of it volatile market all you need to do when you buy some crypto is to wait for the price of that certain crypto you bought to rise up its market value and sell it again, that's just how it works. Simply a basic law of economics, buy on low and sell on high then you'll easily get your revenue on an instant.

Moreover to this, a friend of mine asked me this question when we meet yesterday at a shopping mall "Am I late in cryptocurrency if I to join this year?" and my answer was this simple

"No one will be late on cryptocurrency because it is our future, adaption is the only problem and with the help of the world wide web, the right knowledge and understanding of its whole idea, I'm sure all of the world will use it before we notice it."

Importantly, before indulging to anything not just in crypto is to always be knowledgeable and has a full understanding of how this and that works and it's longevity chances and overall potential. To be honest, I usually encourage my friends and family to support crypto also.

Let's continue to support crypto by promoting it and using some sometimes for the supply to move and not just hodling it all the time guys.

CTTO - Image Source Links 🔗:

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