why is it good to invest in cryptocurrencies such as BCH CASH and BTC among others?

0 11
Avatar for villaanmex
3 years ago

hello how are you all my real name is ismer nadal today I come to bring you a little recommendation on why you should invest in cryptos like BCH and BTC.

before we begin, for those who do not know what cryptos are and what they are used for, here is a little piece of knowledge

  • A cryptocurrency or cryptoasset is a digital medium of exchange that uses strong cryptography to secure transactions, control the creation of additional units, and verify the transfer of assets using distributed log technologies.

  • Cryptocurrencies are a type of alternative currency or digital currency. There is controversy as to whether cryptocurrencies have to be decentralized control or centralized currencies by central banks or another entity.

  • The control of each currency operates through a decentralized database, usually a blockchain , which serves as a public financial transaction database.

  • The first cryptocurrency to start operating was Bitcoin in 2009,5 and since then others with different characteristics have appeared, such as Litecoin, Ethereum, Bitcoin Cash, Ripple, Dogecoin.

well today I bring you my own experience in investing in cryptos

A couple of years ago I have been working with an advertising company called exe.io thanks to working with that company I was able to get my first bitcoin cents.

And after collecting and collecting I could reach a decent amount of bitcoin but anyway I was not rich but I decided to take a very important decision in my life that I will never regret the decision was not to sell the bitcoin in my wallet but I was going to let them get more value or rather invest because I am from Venezuela and here in Venezuela the Venezuelan money is devalued every day up to 20%.

for that reason I decided to leave my bitcoin gathered in my wallet and something very good happened last December 2020 that no one expects us to happen that the bitcoin rose a lot 290% in the market and thanks to that I took the decision to leave my bitcoin in my wallet I could sell them and earn about $ 400 and be able to help my family financially since I was able to sell my bitcoin in my wallet. I was able to help my family financially since the economic situation in my country Venezuela is fatal every day the Venezuelan currency drops as I said and thanks to the 400$ I was able to buy phones for my children and my wife as well as clothes thanks to the decision to leave my bitcoin in my wallet as an investment method.

Today I have approximately $500 invested in bitcoin waiting for it to rise to sell again to have more profits.

For that reason I recommend you that the best way to invest is the crypto investment method.

this is my personal experience in crypto investment I hope it helps you greet everyone do not forget to leave your comment if you have any questions and if you want me to refresh any questions you have about cryptos or which crypto to invest in.

0
$ 0.00
Avatar for villaanmex
3 years ago

Comments