Modern Australian

5 Reasons to Invest in Cryptocurrencies

  • Written by Shan Ge

Cryptocurrencies offer investors a unique, new avenue toward wealth generation. Traders are facing a totally new way to approach the investment marketplace, and it’s creating a novel opportunity that many people are simply not taking full advantage of. It’s an investor’s responsibility to maintain great discipline when it comes to due diligence and market research, and this same principle holds true whether you’re looking for a new pair of durable ankle jeans or a great new investment opportunity through the Binance or Coinbase trading platforms.

Cryptocurrencies operate within a bold new space, and the five reasons below should be more than enough to get you excited about where these commodities are headed over both the short and long term.

1. Cryptocurrency markets trade at all hours of the day: Use a bot for maximum profit.

Unlike the stock market or Forex marketplace, cryptocurrency markets trade 24/7. These assets never sleep, and the price movements often range within a tight, yet volatile scale. This means that investors can buy and sell commodities at their peak price movement hours, no matter when those might be. The crypto market is an equitable one that accounts for all the things that are constantly ongoing in the lives of its investors. Whether you use Binance, Kraken, Huobi, Coinbase, or another crypto exchange to execute your trades, you can sleep soundly knowing that, at any moment, you can gain unfiltered access to the marketplace and change your positions for maximum profitability.

One way in which this is incredibly helpful to the average investor is with the deployment of a crypto trade bot. Trade bots are simply computerized algorithms that interpret market data throughout the course of a trading session and automate buying and selling orders. With the best crypto trading bot in your corner, you can place trades for maximum profitability even while you’re sleeping.

CryptoHopper, 3Commas, TradeSanta, and a variety of other cryptocurrency bots can automate your trading with an algorithm designed for profit. The best part is that you don’t have to do anything at all in order to rake in the returns!

2. Crypto can be researched with the same technical indicators as other investment assets.

Technical indicators make the marketplace shine. With cryptocurrency, these same features exist, making the trading of tokens as scientifically viable as any other commodity asset. Many investors who are new to the crypto market think of it as another form of gambling, but with the help of a bot and the indicators that prevail across stock and real estate trading, bots and individual investors can lock in great returns on their investments with minimal risk exposure.

3. Cryptocurrencies are growing at an alarming rate.

There are literally thousands of cryptocurrency tokens on the market today. This means that an investor looking to diversify their portfolio with a new asset class can take solace in a wide variety of different coins to generate capital gains. While BTC, ETH, and LTC (Bitcoin, Ethereum, and Litecoin) are perhaps the most well-known, a whole ecosystem of other crypto assets exists out there and can provide the stability that you’re looking for in a new investment. And, once again, the assistance of a bot can make trading these other asset classes far more lucrative with little external effort on your part.

4. Cryptocurrencies can be leveraged like a high yield savings account.

In addition to day trading approaches that leverage the algorithms of a bot, trading strategies for crypto markets often leverage the staking system for improved returns over the long run. Crypto markets need staked funds in order to facilitate the continued trading of assets—especially considering the huge volume of coins that investors buy into. This means that high margins of return can be made by simply staking your coins in a savings account type option. The returns come back in the same token you’ve staked, meaning that when the price increases on a particular asset, you can simply sell the dividends and continue trading the profit with your bot installation.

5. Crypto acts as a liquid hedge against external market conditions.

Finally, cryptocurrencies act as a hedge against other market factors. Traders look to diversify their portfolios to protect against market downturns, and they seek out unlinked assets to do this. Crypto assets are famously divorced from other marketplaces, and they even sometimes benefit from the downturn in other markets. This makes crypto trading strategies that use it as a hedge particularly useful.

Trading crypto is the future. Get in now while bots and other opportunities remain cheap and easy to access.