Is It Too Late To Invest In Crypto? | How To Invest In Cryptocurrency?

I often see people ask if it's too late to invest in crypto. Short Answer: NO IT'S NOT!!!

Let us understand with an example:

Suppose you heard about Bitcoin just a few months back, and Bitcoin's value was around more than 4 million. Now the Bitcoin value has been decreasing. So no one predicts when it will go up and down. So it's never late to invest in cryptocurrency.

The same principle applies to all the cryptocurrencies regulated at the present time. The only thing first does some research to understand which one is better for the future.

Crypto investment is a very lucrative investment. If you are ready to take a risk and willing to lose an invested amount, cryptocurrency is for you. You could benefit from crypto investment only if you understood cryptocurrency rules and regulations.

There are about 300 million people that hold crypto, so about only 3,9% of the global population (don't quote me on that, that's what I read). 

There is still plenty of space to grow. When I talk to my family, friends, and coworkers about it, only a handful have invested in it.

Experts also say Bitcoin’s structure lends itself to the microclimate. Blockchain currencies and networks can fluently repel soaring prices and relinquishment rates.

Several large companies and institutions in the world have also integrated cryptocurrency into their services. PayPal allows guests to buy and store cryptocurrency. Indeed some Wall Street associations are also planning to enable Bitcoin and crypto trading on their platforms.

Numerous experts still hope that Bitcoin’s continuity as a digital asset is the reason why it’s still not too late to buy Bitcoin in 2023.

Cathie Wood is one of the well-known fund directors of Ark Investment who still has faith that Bitcoin will hit 100,000 USD.

Greg Cipolaro and Dr. Ross Stevens, a New York Digital Investment Group experimenter, support this belief. 

The experimenters point to the fact that the Bitcoin force is limited to 21 million coins. They add that the increase in abecedarian demand combined with steady force and automatically dwindling force growth makes a seductive case for Bitcoin as an indispensable investment for institutional investors.

Presently, about 18.5 million bitcoins have been booby-trapped. It leaves lower than three million yet to be put into rotation. 

On the other hand, there are only 21 million Bitcoins available for mining. Failure can help maintain value in times of rising prices and low purchasing power.

In the meantime, Bitcoin also proved its efficacy as a store-of-value asset and a perfect hedge against economic downturn and inflation, sharing the properties of gold. 

The dramatic rise in Bitcoin's value has also helped put cryptocurrencies on the map in the investment space and alternative options to stocks.

Although Bitcoin and Ethereum are the most valued cryptocurrencies in the market, the next stage of growth in the cryptocurrency will be fueled by the rise of altcoins, Defi, and NFT, which are currently highly undervalued and is attracting huge investor's interest.

Reasons Why You Should Invest in Cryptocurrencies

• Larger Mainstream Adoption: The recent rally in the cryptocurrency market is largely driven by the participation of large institutional investors, who are attracted by the good returns that the cryptocurrencies are offering.
  
  The actions of institutional investors have also provided confidence to small retail investors to invest in a big way in cryptocurrencies.

• Favorable Regulation: Largely the cryptocurrency market is unregulated, but recently, governments and regulatory bodies have started recognizing cryptocurrencies as a legal asset.
  
  For instance, in the European Union, cryptocurrencies and crypto-assets are recognized as qualified financial instruments (QFIs).
  
  Favorable regulations help the market to grow and also attract new investments, which is vital for the sustenance of the cryptocurrency market.

• Advancement in Blockchain Technology: The potential benefits of blockchain technology are far-reaching and are going to impact every section of the economy in the coming days and years.
  
  As blockchain technology advances, new and excellent projects will continue to come into the market, in which a small investment will provide huge returns over time.

• Cryptocurrencies are More Accessible: Compared to five years ago, investing in cryptocurrencies like Bitcoin, Ethereum, and Bitcoin Cash is nowadays much easier and one can start investing with a sum as small as $1.5 US
  
  And, also many exchanges support instant deposit and withdrawal to bank accounts, which makes investing in cryptocurrencies seamless.

Final Words

The cryptocurrency market is still evolving and has a lot of growth potential, despite the higher risks. In terms of price, even Bitcoin and Ethereum are trading at a fraction of their potential value.

Therefore, if you start investing now, you will be in the category of early adopters of cryptocurrencies. And, as time progresses, investing or holding cryptocurrencies will not be a privilege, but a part of everyone’s daily life.