5 reasons for those thinking about entering into Cryptocurrency World - Here is why they should:

Hello Read.Cashers,

I have been struggling to be able to fall asleep for about an hour, but I couldn't. When I realized that I would probably stay awake for at least an hour more, I got out of my bed and sat at my desk to write one more post for the community and possible readers on the internet who are lucky to find this great website.

I thought I could write another post about the reasons why people should try trading or making investments on cryptocurrencies, then I have started typing.

From my notes and all the things I have learnt about cryptocurrencies, I will try to sum up five reasons why people new to cryptocurrency subject should give it a try.

I think there can be people who may come up with more reasons than I will, too. But here are my five reasons to own cryptocurrencies on the journey to the center of digitalization day by day.

• A New Asset Class

Maybe far from real in matter, virtual but real!

The definition of the asset has always been made on concrete values, but now we are upto a completely different dimension of asset. We transfer everything tangible to digital and provide new facilities in terms of both its storability and functionality. We add a new one among the known ones such as stocks, bonds, real estate, etc.

Attracting Institutional Investments is the new direction the cryptocurrency world believes in. The currencies currently in the institutional investment market tied to stocks, bonds and other financial instruments have such a great power that it is planned to increase the value of the market by attracting these investments to the cryptocurrency market. Moreover, considering on the basis of companies, cryptocurrencies become more attractive in protecting their assets against inflation.

• Not Subject to Inflation and Devaluation risks like Fiat Money

The depreciation of the fiat currency used by the whole world for years is a major and global finance problem.

It is a problem in any country in the world. For example, when you wake up in the morning, your purchasing power with the same fiat money decreases compared to the previous day, which directs individuals to a platform that is risk free and where they will not experience loss of value with their assets.

Halving is of great importance at this stage. For example BTC, one of the important effects of halving is that Bitcoin will reduce consumer price inflation. On the other hand, we should take into consideration that inflation rates are very variable and are set annually. However, BTC's inflation rate will remain unchanged for a while.

• A Great Value Storage

So far, people probably anywhere in the world would see the gold as a perfect investment instrument. Gold, which has always made its investors gain profit in the long term, recently has been replaced by crypto currencies with the positive increase in their value in a short time with high returns to their owners.

Along with its being a universal currency that is not controlled by any government or institution, value enhancing of its limited supply, its not being subject to the same inflation as fiat money and its great value stocking makes cryptocurrencies the main reason to be preferred.

• Can't Be Confiscated

You know, in many countries around the world today, your fiat money can be blocked by the bank or confiscated by management with or without warning.

However, cryptocurrency is different. It is not controlled by a central bank or management.

This means that if you hold your wallet key, it cannot be controlled by any person or institution other than you. That makes you the only one who has the authority on your assets.

• It will most likely value

Despite of the fact that the sudden dramatic increases and decreases for bitcoin or the other coins in the market, might have made individuals think that bitcoin or cryptocurrencies are unreliable assets. That's normal if anyone, especially the ones who have not entered in cryptocurrency world yet, thinks about that. But then I would ask you to consider Bitcoin for example. Bitcoin's value gain from the first day until today is undeniably real. Likewise, it has been the number one gainer to its investors for the last 10 years, especially more than any other assets other than cryptocurrencies. Not to mention Bitcoin Cash also has gained a terrific value in the market lately.

In my opinion, cryptocurrencies with a story, history and a community devoted to it would always gain value, in all terms.