Crypto currency: a soap bubble or a real investment tool?

Seven-mile steps of the crypto currency are part of our lives and we can not deny its popularity. Under the influence of universal excitement, someone aspires to keep his savings in the crypt, someone buys it for anonymous transactions and payments, and there are those who simply earn money on bitcoins and altcoys. Against the backdrop of all this turmoil, many have a logical question - is it worth the crypto currency of such attention and what awaits it in the future?

Virtual money appeared as an alternative to paper colleagues. Innovation quickly evoked a response in the Internet society, because it has become a real challenge to the current financial system, and indeed, to modern values. Independent, anonymous and fast-growing in the course, the crypto-currencies in 2017 took possession of minds and wallets, but today there are enough skeptics who Call the crypto currency no more than a soap bubble, Which in the future will certainly burst and leave many in the broken trough. In this article I propose to understand whether it is worth investing in crypto.

Is the cryptocurrency rate a soap bubble?

Not everyone correctly understands the very concept of the economic term "soap bubble", attributing it to fraudulent schemes, financial pyramids, etc. In fact, most often this concept is used when it comes to trading stocks at inflated, inflated prices - at some point The market situation is changing and this bubble bursts, Leaving many traders with empty pockets. If we talk about the crypto currency, then the soap bubble is basically called the older brother of Bitcoin's crypto currency, which is supposedly too inflated in price. But, before hanging labels, let's understand, and can there be a crypto currency inflated in price and in general, how to determine its real value?

To begin with, the crypt is not paper money, which is backed by the gold-currency reserve of the issuing country or its GDP. Speaking frankly, the bitcoin and his family are not backed up by anything else - The whole system is built on trust. As you know, the course of crypto signs directly depends on the demand for them, that is, while humanity trusts bitcoin and buys it, the cue ball will boldly and rapidly increase in price. But if you only undermine this belief, as the whole house of cards can instantly crumble, and the soap bubble will burst with the same frenzied strength with which it increased its revolutions.

From all the above, the following follows: how can one talk about whether a crypto currency is a soap bubble, if its real value can not be estimated in any material units? It is unlikely that there will be an economist who will assess how much confidence to beatcoin is to be provided rationally, and how much can be considered unjustifiable. In a word, the crypto currency is so unique that it is simply silly to measure it with traditional economic terms.

Is Bitcoin a victim of speculation?

And although as such an economic bubble can not be called bitcoin, yet to some extent a rational grain in such judgments is. Those who have solid volumes of crypto-monotone, it is very easy to spur their course in a favorable direction, because it is worth selling a large amount immediately, as the rate will rapidly fall. I'm not in favor of theories of a big conspiracy, but it is likely that large holders of bitcoins have a significant influence on its value.

Such speculation drives the price of beads today, but it is possible that sometime the situation in the market will shift to the natural channel and then It is difficult to imagine what the dynamics of the course will be. But, of course, the high price of crypto-munitions comes not only from the machinations of large holders, there are also quite natural factors.
At the moment, one of the main reasons for the growth of bitcoin in the price is the interest in it from the Chinese people. Since the number of representatives of the Celestial Empire will give odds to any other nation, it is not surprising that even the interest of a small percentage of Asian residents with crypto currency significantly influences its course.

What should an investor do - is it worth buying a crypto currency?

Despite some skeptical moods, there is no denying that it's profitable to deal with the crypto currency. It is a good tool for investment both in the long term and in the short term. Is any asset allows you to increase capital On 50% or 100% per day? With virtual money, there are also possible not such profits, and it is not necessary to be a market expert at all.

Nevertheless, new crypto-currencies are produced by packets, but this does not mean that all of them are destined to reach the level of bitcoin. A promising currency can be seen already at the start - if it is fundamentally different from others, more convenient, practical, super-secure, and in addition is well advertised, then the demand for it will certainly be, but in the long term. You can get a good and fast profit with already untwisted coins such as Bitcoin, ether or lightcoin.

Crypto currency - how to earn a profit?

As in haypah, with crypto-currencies diversification is necessary. Although they will not skosyatsya, like pyramids, but many cryptonyms fall into decay, not receiving adequate attention or funding from their creators. If you are determined to earn money on the crypto currency, then you need to select several of them at once, as they are known (they will make a profit in the short term), and less popular ones, from which you can wait and wait - and suddenly among some monero or dogoins Second bitcoin?

It is not known what will happen in the future, and how the crypto-currencies themselves will manifest themselves, but today this is a real opportunity to make money - you can simply invest in bills or ether and wait for them to rise in price or even trade the crypt on the exchange, gaining quick profits from transactions. As practice shows, Crypto currency is growing in price regardless of the depth of the depreciation rate - Even if today you go into a drawdown, the profit will come tomorrow or a week.
What exactly you should not do is invest in crypto currency for storage. This is a fairly unpredictable investment tool and in the long run it can greatly change its value - no one is immune to this. Therefore, if you do not set a goal of earning on the difference in rates, it is better to choose a more reliable asset. If you believe the words of many large traders crypts, they prefer to invest their profits for storage in gold - as history shows, only it has always been, is and will be reliable and valuable.