Cryptocurrency - The Next Safe Heaven for Investors?

in hive-196725 •  4 years ago 

The crypto craze is all up specially in India during the lockdwon and cryptos are being traded in huge volumes. The blog tries to identify the reasons behind the crazy investors of cryptocurrency.

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Lockdown due to corona virus has let to a lockdown and hence loss of opportunities. As a result people are looking upon cryptocurrency as a good hedge option and hence investing heavily.

Gold is being replaced by the crypto coins as the safe heaven as people feel that crypto has a better potential.

There are not much opportunities left to gain a handsome return to fight the rising inflation. Crypto solves this problem as the returns in the past years have been phenomenal.

With the craziness building up we are seeing new highs being made in the crypto world and it seems Indians are too coming up in the party. The real thing to watch out for is whether it is a bubble or it is actually the next SAFE HEAVEN.

Do share your thoughts in the comments below 🔽

@siddharthruhil

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Yes crypto world is getting more popular everyday. And everyone should consider investing here..

#affable

Yes exactly and specially if one has a greater risk appetite.

Thanks mate
#crypto #india

Investing in crypto will yield better results in the future.
#affable #india

It can be used a good hedge against inflation.