The price of digital currency has been rising over the past several months, and that’s resulted in a lot of people asking the question: Is crypto a good investment?
The short answer is yes. It depends on your goals, time horizon and risk tolerance.
Yes, crypto can be a great long-term investment for people who have the patience for it. It has a long history of success as an investment vehicle, with huge returns on its first use by Satoshi Nakamoto when he created Bitcoin in 2009. Plus, crypto has been around for more than 10 years now and has been used by investors to buy everything from real estate to stocks to art.
There are some downsides — no one knows what will happen with Bitcoin in particular or other cryptocurrencies in general — but overall it’s not hard to see why so many people have made such big profits from this form of investing.
What platform should I go to?
There are a lot of platforms and companies that claim to be safe and secure when it comes to making crypto investments but you take a look around and do some research before you go ahead and stating buying crypto. For example: you want to purchase bitcoin, for that, there are quite a few options but a lot of them have hidden transaction fees that affect you. One of the most trusted platforms that has been knowing for being able to handle high volume transactions, has no hidden costs and is extremely user friendly is IBINEX.
IBINEX provides a robust and secure trading infrastructure that is capable of handling high volume transactions with low latency and is a trusted platform that people look go to when they want to purchase bitcoin.
