The only thing constant in life is change. Whoever thought the present stage of money, currency, and finance are exactly where it ends, must have missed the train, many times, the future is hard to foretell, but with the current buzz on cryptocurrency, it wouldn’t be out of place to ask; is this the future of money? Or is the cryptocurrency boom just a passing phase, a once in a lifetime opportunity? Well, at this stage, even some experts have predicted against it, some have failed to give a straightforward answer, as they may be scared that their predictions might turn out absolutely wrong, thereby dashing their credibility and acclaimed expertise in the field.
Taking a retrospect on the current cryptocurrency trend, we realize that it has indeed come a long way since 2009, and had its literal ups and downs a perfect example is the stellar coin price that crashed in the 2018 bull run market and only those who have been able to take the minimum risks and seized the opportunity to invest, have benefitted enormously from the skyrocketing value of bitcoin and it has created a long list of cryptocurrency billionaires in recent times.
One thing you must bear in mind is the fact that many economies, banks, and billionaires are pillaring the cryptocurrency market. Looking at the stakes in a relationship with the pace and upsurge, you would likely discover that old investors have put in minimal risk, likely the least of their spare change. Secondly, tracing back at the progress of digital currencies from emergence till date, it has likely come to stay, but even if it was just a ‘speculative bubble’ as acclaimed by cynics, now is the best time to benefit from the big booming trend. It is only safer to sit back as other cryptocurrency millionaires, looking at your million dollar wrist watch and waiting for its time to finally tick off, if it will than waiting with an empty wallet for when the speculative bubble will finally burst.