Why Cryptocurrency Will Change Your Life Forever

I am sure at one point or another you have heard the word crypto or Bitcoin or Ethereum. You may know what they are or you may not. If you don't, in short cryptocurrencies are a way to do normal things in everyday life but without the middleman. Kinda like how behind each stock is a company that sells something, behind each cryptocurrency is a purpose and a problem that each cryptocurrency solves. Oh, I forgot to mention the best part, it's all decentralized so no one person or group is in control.

(the actual currency is decentralized, the rest may or may not be, read more about it at the end of the article

Now let's get to why cryptocurrency will change your life.

There is one massive thing crypto can and will do for you. That thing is set you financially free. Cryptocurrency can and has the potential to solve all your money problems. How? Because you are an early investor, an analogy I like to give is the .com boom. People made a lot of money, crypto is in a similar place, it is getting more and more notice every day, people are realizing what it can do and people are investing in it.

Cryptocurrency solves your money issues because crypto gains are insane. In stocks, you may get 10% a year or even 20% which is considered great, in crypto, some of my investments have 3x or more just during this year! (depending on what you invest in and your investing strategy you can make a ton more than me, seriously, some coins have 7xed in a couple of months!)

Essentially, there is a shitload of money to be made in the crypto market, and the ones who invest early and take the risk will be greatly rewarded. Now you may not know anything about cryptocurrency so I have linked some helpful articles below.

One last thing I want to say is to do well in crypto, I believe you need to understand the asset you are buying. So start doing your research and find which cryptocurrencies you think are the best fit for you.

Thanks for reading my article, I hope you enjoyed reading it, if you did be sure to give the article a like and follow me as doing so helps me grow as a writer and share my work with more people which in return teaches more people about the future: crypto and blockchain.

Cheers

Helpful tools for researching cryptos

• Whitepaper
• Reddit and other platform groups
• Youtube interviews or videos explaining the currency in detail
• Blogs/articles

Helpful articles

Important To Read

This is not financial advice and is meant for entertainment purposes only. Always do your own research and consult with a professional before making any type of investment.

Credits to Tim Denning for the title

read: Are Cryptocurrencies Truly Decentralized?

The short answer is some are and some aren't. There isn't a definitive answer since it varies per currency. The reason is that even though the currency itself is decentralized, the way it works runs, and attracts investments/grows may not be.

Bitcoin for example is 100% decentralized, Binance coin can arguably be called centralized in certain aspects. (my opinion)

So when you are researching cryptocurrencies, don't fall into the trap of thinking everything is decentralized, as not all currencies truly are.

Do your research, figure out if you are ok with some level of centralization or none. There are benefits to both sides, you can pick what you like.

I just want to provide this info for any newcomers or people who may not know this!

Cheers and always do your research!