What are the benefits of investing in cryptocurrencies?

There are six potential benefits of investing in cryptocurrencies: Fantastic returns – despite that cryptos haven't been around long, they can be more profitable than other investments. ... Independent alternative – the stock market can crash at any time depending on world events. ... Your money is yours – if your money is in a traditional bank, it's at risk. ... More items...

Is cryptocurrency the money of the future?

“Blockchain has many new applications we had previously not even imagined, and it is fitting to be talking about cryptocurrencies here, at the Museum of the Future, as cryptocurrencies are the money of the future.” There has been growing interest in the cryptocurrency marketin the UAE as consumers and investors flock to digital assets.

How do students benefit from cryptocurrency?

No need of central regulations like bank or governments. ... Anonymity, it is one of the important advantges provided by cryptocurreny. ... Not affected by government actions like de monetisation, inflation adjustment etc. ... It is in digital form so that it can be carried away anywhere without fear of theft, robbery. ...

Why does the price of cryptocurrency fluctuate?

Why does the price of cryptocurrency fluctuate so much? Another major reason for fluctuation in cryptocurrency prices is that it is still a very new market, and has a very small overall market capitalization. To understand this, let’s take a look at volumes.