By looking at the existing trends, cryptocurrencies are bringing changes to the world, and it's likely what to follow is even more exceptional compared to what is already happening!

Governments' Nemesis

Cryptocurrencies are free markets that are shifting power from governments into the hands of individuals who own them. The total value or the market cap of all cryptocurrencies presently ranks as 48th biggest in the globe (by market cap) and 50th largest economy (M3) globally. At the current rates, cryptocurrencies are expected to attain the largest market cap over the next one year forming the biggest economy within 3 years!

Placing the Existing Trends into Perspective

Any person who has been observing the trends over the last two years can easily confirm that the costs of cryptocurrencies will keep going up! I have been observing those trends over the last three years, and I haven’t regretted putting my money where my mouth is!

Understanding the Trends & Risks

Cryptocurrencies are much better than fiat currencies, and the new trend has been generating incentives to enthusiastic investors who seek to mine or purchase cryptocurrencies. The inducement to mining cryptocurrencies rather than purchasing them at a higher cost has contributed to higher competition, hence rising prices to create more cryptocurrencies. The trends have been observed since the very inception of the cryptocurrencies.

Those who invested before the prices hiked are now benefiting more! Even better returns can be realized with altcoins which are alternative cryptocurrencies of bitcoin. By a long shot, investment in cryptocurrencies cannot be overemphasized as they are the best! The upwards trends are expected to remain, and people who invested earlier will continue to earn profits in many ways. However, like anything else in this world, investment in the same is not risk-free!

Our Whole Lives Are Investment

I am one of the many people whose cryptocurrencies have changed life for better. They are economically fit, and due to that, they have continued shifting wealth from those possessing fiat-money to those with cryptocurrencies. The rich people have more benefits when dealing with cryptocurrencies since they can devote millions of dollars without fear. Hence, it is much more crucial for less wealthy individuals to comprehend the potential profits related to cryptocurrencies. That ensures they are in a better position to manage their risks – and not to be overcautious to miss the benefit or become overconfident to inefficiently risk!

With the pattern at which the cryptocurrencies are overtaking fiat-money, I don’t think the trends are going to stop. Currently, a large number of people is benefiting directly from cryptocurrencies, and it is anticipated that at one point everyone will become a beneficiary of the modern technology. Besides, I don’t think there is any need to wait! For newbies, just learn more about the same and get to know various ways via which the old investors are already benefiting!

You can also go through some of my recent posts below:
https://steemit.com/germany/@cryptofy/germany-tax-free-for-cryptocurrency-users
https://steemit.com/news/@cryptofy/dmarket-the-world-s-first-decentralized-cross-game-marketplace
https://steemit.com/investment/@cryptofy/usd1-trillion-investment-company-ready-for-cryptocurrency
https://steemit.com/news/@cryptofy/swissborg-the-new-era-of-crypto-wealth-management
https://steemit.com/altcoin/@cryptofy/5-altcoins-you-may-think-investing-in
https://steemit.com/service/@cryptofy/benefits-of-working-with-the-best-technology-companies
https://steemit.com/cryptocurrency/@cryptofy/evolving-of-different-cryptocurrency-wallets
https://steemit.com/decentralized/@cryptofy/the-power-of-decentralized-exchange
https://steemit.com/steemit/@cryptofy/steemit-23-amazing-tips-to-keep-the-ground-running
https://steemit.com/news/@cryptofy/travelflex-the-cheap-and-secure-way-to-travel-around-the-world
https://steemit.com/news/@cryptofy/cargox-the-trillion-dollars-idea
https://steemit.com/news/@cryptofy/u-cash-a-perfect-solution-to-banking-traps
https://steemit.com/steemit/@cryptofy/6-tips-to-guarantee-your-victory-on-steemit
https://steemit.com/steem/@cryptofy/4-must-read-ways-to-boost-your-steemit-revenues