The dominance of the crypto currency in the minds of crypto investors is not a new trend. Though there are some very popular crypto currencies that are known to have earned huge profits for the investors in past years, this does not ensure the reliability of the investment option in today’s unreliable and volatile market. In spite of crypto markets high returns, the focus should always be on the viability of the investment. Investors keen on short term micro analysis are bound to get influenced by fluctuations which is inevitable and could lead to loss of earnings by selling at lower price. Crypto investments that are well regulated are also very volatile in nature and it is advisable to always look for medium to long term investments. Though recent trends in the global market have encouraged many leading organizations to invest in crypto currencies for business growth, doubts about the trading platform still holds a strong ground in the minds of many investors. With every unregulated investment option, it is worth consideration that the risks involved are huge and could also lead to loss of the entire investment. Also, with a number of scams happening in the crypto market frequently, an insurance coverage from agencies like cryptoins.io or many others in the market should be taken into account. The following factors may be considered against crypto currency investment and the need for a sound insurance coverage for investors:
- Crypto currency is not real: Being a mathematical algorithm, the value is never specific and is entirely based on the perception of the market where it is to be exchanged.
- Crypto currency is unstable: The rise and fall in such a trading platform is very common. Unlike real currencies that move in small range. Its worth as a medium of daily exchange is highly questionable as an investment option.
In reality, crypto currency can be created with ease by anyone using a personal computer and that what questions its reliability. The unreal becomes real as soon as an investor is willing to trade in the resultant encryption keys. Being a hedge, holding more than its value, investors should always have an insurance backup. Insurance support is offered by many agencies like cryptoins.io. The path to crypto investment never comes with a guarantee, hence it is advisable to invest that is affordable to lose. Another way to ensure success is to invest in a wide ranged risk portfolio as well as seek independent advice or resort to user reviews before investment decision.