They are often touted as the solution to the current financial systems flawed reliance on foreign nations monopolies and censorship.

Is crypto a good investment reddit. So make sure to diversify your crypto portfolio. Best Cryptocurrency to Invest in 2021 Reddit lucknowfirst cryptocurrency. It can also be used as a store of value for an investment in the way Bitcoin and other cryptocurrencies are.

Crypto has been a hot topic ever since Bitcoin began climbing in price from its 5000 low in March 2020 to its current price of 47000. It may come as a surprise to learn that Tezos doesnt have a maximum supply. The growth of the crypto market as a whole has been just as impressive with the current crypto market cap at almost 15 trillion.

For reference 1 seems to be a popular allocation among sophisticated investors who have more recently gotten into crypto. Its not without risks but same story with stocks. Ive only ever seen it as a long term investment.

I got in before the end of 2017 and saw huge gains to lose them in a month. Investing in crypto means investing in a growing industry. The big downside with.

Many analysts in the world of crypto are bullish about the long-term prospects of Tezos. These are people who know all the dirty tricks that are illegal in other markets for a very good reason. Crypto does not depend on an overly specific catalyst like a short squeeze so it could be seen as more of a long-term all-weather investment than Reddit stocks.

As long as investors understand what is money then they can benefit from it like any other long-term investment. Article continues below advertisement. In January 2021 it was priced at around the 003 mark.