Introduction
One of the greatest blessings of the 21st Century is the advent of Blockchain technology with Cryptocurrency mining. The truth is that, many people have been raised to the enviable height of riches through investment in Cryptocurrencies. This lead to the wide acceptance that is gained by the digital currencies as medium of exchange.
These days, many investors have discovered the potential of Cryptocurrency in terms of returns on investment. Many Cryptocurrency has the capacity to give up to 200% returns on investment to the investors
The other side of the coin
Due to the high level of volatility of altcoins, it is also very possible for an investor to loose huge some of the invested fund. This is very common as the price of these coins are not controlled by anyone or any regulatory board. The prices are very unstable and unpredictable so it makes the investment in it so risky and scary.
Experience
One of my siblings invested huge some of money in a particular Cryptocurrency, he held it for some time and it yielded some tangible increase but he didn't sell it at that time, until the price fell back and went below the price he bought it. He lost huge amount of money. The same thing applied to numerous people that bought Bitcoin when it was around $12,000 but at present, the price of Bitcoin is less than $10,000.
The Reality
The truth remains that, if anyone will make good profit from the investment in d take over yo
Cryptocurrencies and blockchain technology, such a person needs some measures that will mitigate the huge risks involved in it adequately and securely in relation to the high market volatility.
The Solution
There is a platform that has offered to help all investors in their investment in Cryptocurrencies by adequately and securely mitigating the risks associated with the nature of high market volatility which will therefore bring about decrease in the risk of investors and enhance good entry level for new adopters. The name of the of the platform is BITRUST
What is BITRUST?
BITRUST is an affordable, decentralized, easy to use peer-to-peer (P2P) cryptocurrency insurance marketplace that is based on Ethereum, a blockchain-leveraging smart-contract technology. The objective of BITRUST is to be affordable for retail digital currency investors with an average monthly trading volume of between $100 and $100,000.
Bitrust platform is very easy to use as it the insurance solution for all investors so that new or old investors can actually protect themselves from huge risks that are associated with any loss of value in altcoins. On this platform, traders are allowed to meet with the insurer on a certain cryptocurrency position. This will to serve as retail Cryptocurrency investment that has an average of trading volume of just between $100 to $1000.
How it operates
Bitrust allows traders and insurer to come to a definite terms in order to insure a particular cryptocurrency against any other cryptocurrencies.