Why do people invest in cryptocurrency

why do people invest in cryptocurrency

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With fewer Bitcoins entering the technology known as blockchain, which and many have a significantly an exchange or another user.

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For example, crypto can potentially avoid high fees associated with global wires and be accessible within minutes, which is a big difference from a standard to hour bank wire. Sources in the blockchain space also claim the tech can solve headaches across multiple industries and be instrumental in creating better processes for uses like voting access, supply chain transparency, reservations, concert ticket and VIP membership communities, identity protection and more. If you've noticed all your friends and family beginning to invest in crypto, you might feel compelled to join in to avoid FOMO and be part of the viral effect. If you're looking to invest in less established crypto products, here are some additional questions to consider:.