investing in cryptocurrency
1.1. why investing in cryptocurrency
1.2. investing in cryptocurrency ico
1.3. investing in cryptocurrency funds
The modern market for cryptos is growing, but many are still very hesitant of participating in the processes of trading and mining. This process will take a long time as the levels of volatility, uncertainty and fraud are unprecedented in modern financial history. Fueling the fears are constant statements from government officials about a financial buddle and the increasing number of government regulations.
Why would people invest in cryptocurrencies? The answer is rather simple, really, - for profit. There is profit to be made before the whole thing blows as it is predicted by so many leading financial officials. The profit comes from volatility, all fueled by immense speculation. The speculation comes from those who own the means of crypto production and those seeking to increase their capitalization by attracting new investors through promises of growth, all backed by technology.
Virtually all cryptocurrencies arrive on the market on ICOs – vehicles of placement on the market that attract investors. There are multiple factors to take into account before investing in an ICO as many are stillborn or are blatant scams. However, if an ICO has a sound offering, it will attract investment. The future of an ICO is as uncertain as its present as it is impossible to tell who is buying up the project’s tokens and whether they will dump all of the tokens immediately after the ICO for short-term profit. However, at the moment, there are only two real cryptocurrencies that are here to stay and they are the carriers of the infrastructure of blockchain – the Bitcoin and the Ethereum.
Some would argue that it would be best to invest as a crypto fund. However, there are no viable crypto funds at the moment. The reason is the acting legislation, which does not allow the creation of such entities as the SEC regulates funds.
Though the crypto market is still relatively new and lacks many of the traditional institutions of a civilized market, there are projects on the market that seek to indemnify or mitigate the associated risks that investors take when deciding to invest in projects. Cryptics is one such project that seeks to offer the necessary instruments for alleviating the situation with uncertainty. The concept behind it is to support market participants by providing liquidity on exchanges and a safety cushion for retail investors by creating a platform that connects market players and develops algorithms to predict changes in the value of cryptocurrencies. Such instruments based on highly advanced scoring models involving machine learning and AI are incomparable with human intuition that even the luckiest and most prudent investors could ever be endowed with. The multitude of factors involved in predicting a cryptocurrency’s rise or fall are all taken into account by the algorithms that Cryptics employs. Investors should consult such projects as the expense is well worth the ensured profit and peace of mind.