by Analytics Insight
February 1, 2022
The advent of cryptocurrency has transformed the investment domain forever
Cryptocurrency has been around since 2009 and seen considerable adoption and value increase in those 13 years … cryptocurrency investors have seen over a 1000% value increase since their first crypto investment and with it, grew the pool of crypto lovers exponentially.
Today, the likes of Bitcoin ($BTC), Ethereum ($ETH), HUH Token ($HUH), Dogecoin ($DOGE), Polkadot ($DOT), Terra ($LUNA), Shiba Inu ($SHIB), and many more, take their holders to the stratosphere and it’s no wonder that the FCA found, in their 2021 research, that more investors are choosing crypto as a part of their investment portfolio.
It seems that more people are getting into crypto because it can change your life overnight, all thanks to the volatility of the market … as with deep lows there are also extravagant highs.
Though, how exactly does crypto manage these life changes, and is it something that can be sustained over a period of time?
Is Crypto the Same as Gambling?
In essence, this isn’t the case, crypto and gambling are not one and the same. Cryptocurrency is much akin to collecting certain goods, in the case of crypto, it’s collecting coins, tokens, and the like. Gambling is the direct loss or gain of money dependent on a table game or a card game. Cryptocurrency allows you to hold and stake your money to ride the volatility of the crypto market.
Though if you’re thinking about investing in crypto you shouldn’t stake or hold any money you wouldn’t be okay to lose.
The essence of a thrill might be the same, as discovered by the FCA, however, with crypto you can pull away and withdraw your money at any given point, whenever is best for you … in gambling, the tradition of the games means you can’t withdraw your money once you’ve placed the bet.
There are significant differences between crypto and gambling, however, the decision to invest in crypto remains in your hands.
You can see the life of cryptocurrencies like Bitcoin ($BTC), Polkadot ($DOT), and HUH Token ($HUH) on Coingecko.com where graphs of their lows and highs can be reviewed. Due to this, crypto investors are more than certain that their cryptos will rise again, hence why many cryptocurrency investors hold or stake their currency.
Can Crypto be Considered aLong-Term Investment?
As more people consider buying cryptocurrency, or, already have begun their collection of crypto, it’s no wonder that currencies like HUH Token ($HUH), Ethereum ($ETH), and Polkadot ($DOT) are being used to attain long-term investment potential with cryptocurrency, as the likes of HUH Token ($HUH) are entering a phase of exponential growth.
Being able to sit on your gains and wait for greater spikes means that crypto holders can see percentage increases of over 600%, though some loss is always an option on the crypto market.
Being a part of cryptocurrency has never been so easy, and seeing the benefits of getting into crypto is becoming more apparent with the rise of pay-to-earn and NFTs.
You can learn more about why crypto could change your life and others’ lives by visiting the links below.
Buy On HUH Website – https://swap.huh.social/
Buy On P ancakeSwap: https://pancakswap.finance/
Buy On Uniswap: https://app.uniswap.org///swap
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