If you’re new to investing, it’s reasonable to be cautious about crypto. After all, it’s a new technology and there are still a lot of unknowns. However, crypto is actually a good investment for newbies. You need to do a lot of research, obviously, but otherwise, crypto is great for beginners! Here’s why:
Crypto Is Liquid
Many investments take a lot of time to grow. With the way crypto is going, however, it’s possible to earn a profit in just a few weeks. What’s even better is that crypto is very liquid. If you need cash in a jiffy, you can easily sell or trade it using a platform like Maya Invest.
Crypto Is Accessible
Crypto may sound techie, but there’s no need for any special device or program before you can invest. All you need is a smartphone, an app like Maya Invest, and you’re good to go!
"With the way crypto is going… it’s possible to earn a profit in just a few weeks."
Crypto Can Resist Inflation
Unlike fiat or traditional currency, which often loses purchasing power due to inflation, cryptocurrency has a long-term store of value. This inflation resistance is due in part to decentralization, which means there’s no single entity that controls value; and limited supply, which means the market won’t be diluted with too many crypto coins.
Crypto Doesn’t Require a Big Investment
You might think that you need millions to invest in crypto, but that’s not actually true! Even a small amount can go a long way when you invest it in a percentage of tokens like Bitcoin or Ether.
Crypto Offers a Lot of Choices
There are thousands of active cryptocurrencies nowadays, and each one can offer you opportunities to grow your money. Make sure to do your research so you can maximize your investment.
Crypto Is VERY Secure
One of the biggest fears of newbie investors about crypto is security. However, what’s great about blockchain is that an error in one part doesn’t affect other parts. What’s more, transactions in the blockchain are permanent. You can’t modify a block once it’s already part of the chain, you can only add to it; this transparency helps make crypto more secure.
Blockchain platforms and crypto exchanges also continuously amp up their security features to ensure the welfare of investors.
