Many people today believe that investments in cryptocurrency are unreliable, because they are an extremely speculative instrument. But this opinion cannot be called true, and there are many refutations to this. Authoritative regulators confirm that cryptocurrencies in reality seriously affect the global financial market, more and more countries are creating national digital currencies.

Today, the stage of development of the financial market is such when it is extremely difficult to imagine an investment portfolio without the participation of cryptocurrencies, in particular, bitcoin, ethereum and others.

Cryptocurrencies are more stable than stocks

Investing in bitcoin today will be more profitable than buying shares of the largest investment banks. Such conclusions were made by Messari, which studies the cryptocurrency market. Company spokesman Jack Purdy believes that bitcoin, unlike the shares of leading banks, is really for a long time. This means that if someone invested 1 BTC in the shares of any large bank 5 years ago, and sold them today to get bitcoins again, then the loss would be 89.5%. Thus, it would be possible to get only 0.1 BTC from the sale of shares that were bought 5 years ago for the amount of 1 BTC.

Thus, investing in BTC will be much more profitable than investing in shares of ordinary banking institutions.

Digital currency # 1 is not called digital gold for nothing, but this is explained by the fact that this financial asset is protected, its properties: immutability, not afraid of censorship, has a provable belonging. All this makes bitcoin an attractive financial instrument for reducing investment risks.

Bitcoins appeal has been compared to gold

So, in the research of bitcoin, which was carried out by the company Delphi Digital, that this particular digital currency is a worthy alternative to gold.

But, in fact, the most popular digital currency has more advantages than gold, in particular: divisibility, mobility, controllability, censorship resistance. If we talk about fiat money, then it lags far behind bitcoin, which once again confirms its attractiveness as a financial instrument.

It should also be noted that there has been a strong correlation between the bitcoin and gold rates since years, that the cryptocurrency is bought and sold in the same period as gold, which confirms its attractiveness for investors.

Thus, in the long term, bitcoin is a more stable investment, which in terms of its effectiveness can be compared with investments in gold. You just need to add bitcoin to your financial portfolio and wait for these investments to start making a profit.

Bitcoin Rise and Fall of Traditional Markets

The US FRS cut interest rates by 25 points, as a result, in early August, world markets reacted to this with a sharp drop. So, in just an hour, the price of oil fell to a level that had not been seen in 9 years. The event also caused the second largest Chinese bank to go bankrupt.

But bitcoin, as it was before, shows growth against this background.

Is cryptocurrency a way to launder money?

Many people around the world really believe that cryptocurrency is used to launder money. But Messari experts, relying on data from Chainanalysis and the UN Office on Drugs and Crime, have proven that fiat money is used for this much more often than digital.

For example, studies have shown that for every dollar that is spent on money laundering on the darknet using bitcoin, there are about 800 dollars laundered using fiat.

It follows that bitcoin is not the main means of payment for crime, someone deliberately spoils the reputation of a virtual currency.

National digital currencies

The rulers of different countries and world leaders are increasingly thinking about the possibility and necessity of creating national digital currencies. So, China may release its own cryptocurrency next year, and the European Parliaments Committee on Economics and Currencies has already thought about introducing national digital currencies of the Central Banks of the European Union. It is noted that as soon as one of the leading cryptocurrencies reaches its all-time high, it spreads even more, so mechanisms such as BTC and ETH become ideally protected.

Every day, cryptocurrencies are heading towards becoming those financial instruments that will be generally accepted. And to be in trend, you need to immediately add them to your financial portfolio.

Myth: cryptocurrency will not find use in real life.

The position of the virtual currency as a means of payment in real life is gradually increasing. And this applies not only to those countries where there are serious restrictions on traditional financial instruments, but many people invest in virtual money due to the devaluation of the national currency. So, for example, it is very easy to exchange virtual money such as BTC, ETH, Stellar, Ripple, XRP or EOS for fiat money, as well as to buy a postage stamp in the city of Zadar (Croatia). And in the city of Fortaleza (Brazil), you can pay for public transport in bitcoins. In Brazil, cryptocurrencies are generally very popular, which is caused by the strong weakness of the national currency, so there are many examples of the use of bitcoin in real life in the country.

In early July, the IMF published its research, where it is said that very soon cryptocurrencies will become widespread, despite the fact that the volatility of rates is high. This is not surprising, because digital currency is an attractive and easy-to-use means of making payments. And this is just the beginning of the introduction of bitcoin into real life. There will be much more to come.