It's Time to Get Into Cryptos

 

Bitcoin and other types of cryptocurrencies have been around and at the fringe of society for many years now, but in the past year they have had an explosion in popularity and valuation. Ethereum, another prominent coin, has jumped from $600 per all the way to $1800 since the start of 2021, while Bitcoin had record growth in the past six months, going from about $10,000 per coin to a massive $60,000. This also pushed their market cap (total amount currently in existence) over one billion dollars. This all sounds incredible and intimidating, but here's why you should get in now.

Cryptocurrencies have become more of a commodity and a useful tool for purchasing, and are also more accessible than every. Using tools like Coinbase, Cash App, or Crypto.com, anyone can buy or sell one or more cryptocurrencies. Not only do you have the chance at making some money from currency speculation, more importantly, it is a place to put your money and actually put it to use. Most platforms facilitate the easy buying and selling of currencies, but you can also pay with Bitcoin directly on many sites. 

Not only is the crypto market huge right now, it is also extremely secure. Using a technology called blockchain, a system which uses all coin-owners' devices as computing power, all transactions are nearly untraceable if done correctly. This means that you will not have to give out (relatively) easy-to-crack credit card info, rather, you can securely send and receive money in an anonymous and simple way.

For anyone skeptical, check these platforms out - get started with buying twenty bucks worth of Bitcoin on the Cash App, or even just use their proprietary debit card to get Bitcoin rewards, similar to cashback. If you like it, or if it works out well for you, take a deeper dive into another coin like Ethereum or a secure wallet like Exodus. It will be worth your time and you'll be getting in as an earlier adopter on the currencies of the future.