If you own cryptocurrency or even if you have just heard about it, you will know that the values are rising and more and more people are coming around to the idea of using digital currency. Something that has made using this currency even easier is the availability of cryptocurrency ATM’s. These machines can be found countries all over the world and you can buy and sell using them.
Digital currencies are always going to be limited and we always know how many have been found or ‘mined’ and how many haven’t. Because of this transparency, we already know how many Bitcoin are yet to be found and we can see there is still plenty of future in this cryptocurrency alone. With regards to the other cryptocurrencies, many of them are just starting out and that means that there is more stability in their price given that there are so few out there.
It’s Not Too Late
In 2015 there were people asking if it was too late to get involved in cryptocurrency, 2016 was the same and 2017… here we are in 2020 with the same questions being asked. The truth is that it isn’t too late to get involved in this and the reason is that the prices are fluctuating all of the time. The fact of the matter it is that if you are hoping to get a Bitcoin for $40 and sell it 3 years later for $5000 then yes, that ship has definitely sailed but that is not to say that there is no more money left in these investments.
The very same people who correctly predicted Bitcoin’s price have also predicted that within 10 years, this cryptocurrency will reach a crazy price of $100,000. Whether this is true or not, the fact that there is a prediction for so much growth means that growth is pretty much a certainty and that means that getting in right now, is a great idea for any investor.
Finally, the biggest reason why it is not too late to get involved in cryptocurrency investment is because more and more governments and companies are beginning to accept crypto as a way of accepting payments. What this means is that the demand for cryptocurrency will rise dramatically against a low supply. If you are able to get in now, you can stand to make a good profit once more when companies get on to the idea that this is a currency which they should be interested in.