Many Main Street investors are looking to make it big. They are looking for stocks that provide great opportunities to invest in. However, they are often unable to gain access to all of the opportunities that experienced insiders have access to. For example, those who were able to invest in Facebook before it was opened to the public were able to see gains of up to sixty thousand percent. It seems as if all the big companies, such as Facebook and Uber, are not available for the average Joe. However, says Ian King, cryptocurrencies are different. Anyone can invest in a new cryptocurrency when it comes out. Anyone can download Coinbase and start investing and trading from their phone.
There are signs that the cryptocurrency market is not going away anytime soon. For example, some big Wall Street firms are said to be looking into how they can add cryptocurrencies for their clients. In the few months that were leading up to 2018, Bitcoin and other cryptocurrencies have made headlines. They are starting to become available for everyone. Apps like Coinbase make it easy for anyone to purchase Bitcoin and major altcoins such as Ethereum and Litecoin. That is why Ian King is working on a cryptocurrency course for Banyan Hill Publishing.
Learn more at medium.com about Ian King for more updates.
In fact, people are starting to view Bitcoin as some sort of safe haven. This means that in times of trouble, when people often run to buy safe assets such as gold and silver, some people are starting to buy Bitcoin. Another store of value is cash. The problem with cash is that you have to factor inflation into the story. Inflation can lead to the value of the cash going down. Gold is the most common safe haven, as there is a limited amount of gold in the world, and it has a value that does not fluctuate so much. There is also a limited amount of Bitcoin in the world. In other words, Bitcoin is starting to become more accepted by people all around the world. More and more people are starting to rely on Bitcoin.
Ian King is the founder of Intellicoins. He is a contributor to Sovereign Investor Daily and produces content that helps people make informed decisions about cryptocurrencies. He is an experienced investor with two decades of experience. Know more:http://www.talkmarkets.com/contributor/Ian-King/