Bitcoin opening doors for custom cryptocurrencies in 2021
Despite being an asset that has more than 12 years of life, Bitcoin is still seen as a merely speculative asset with no economic benefit. However, in the past year 2020, it has been consolidated as a valuable reserve asset, currently worth more than $30,000. In just the first days of 2021 it has surpassed its historical highs., a trend that will become more acute during 2021 as said by the experts, as more people delve into its fundamental properties and the uses that can be made of it, the many important characteristics that describe Blockchain technology, it’s resistance to censorship, unlimited portability, durability, traceability, unnecessary trust in third parties or support against inflation and so much more.
“Cryptocurrencies are decentralized currencies whose value is sustained by all users and not by a financial entity, such as a commercial or central bank and yes, Bitcoin is not the only form of cryptocurrency nowadays.”
Because it is expected that this year there will be developments that will improve Bitcoin overall, through Lightning Network, just to mention one of biggest changes to come, and taking into account as well all the events experienced in 2020, saving and investing are some of the most important issues to consider to get off to a good start in 2021. We may start to figure out how the market looks like for upcoming altcoins but overall, we can start having a very promising view on the use of cryptocurrencies that people can create, such as the custom cryptocurrencies in MintMe.
Thinking strategically
For some, finances are not their strong point, so they require strategies to improve them, such as hiring advisors, seeking opinions on financial services, or through new investments. Even though it continues to be volatile, one of the most mentioned forms of investment at this moment is indeed cryptocurrencies, and their many forms, which can be learned and studied. Many people have invested in them from the beginning and even though others have remained skeptical about them, yet there are important sectors who claim that it is one of the best forms of investment even more so in 2021.
But, in order to determine if it's right for you, you need to understand what investing in bitcoin involves and know the best time to do it. Understanding that there are companies dedicated to managing investments is necessary to realize that there is a strategy behind the investments and that we must look at the best ways and what may be the best situation for us in particular, but the good news is that to get started into bitcoin you don’t need to directly “invest” in bitcoin.
There is a way: Custom cryptocurrencies
Cryptocurrencies came to stay. They have become one of the most attractive long-term investments, or so they say if you have a high appetite for risk. But it is not a legend, people can earn real money through crypto, and we need to start by addressing a lie that’s been around which is that people can only earn money if they mine/invest in bitcoin directly. Cryptocurrencies are decentralized currencies whose value is sustained by all users and not by a financial entity, such as a commercial or central bank and yes, Bitcoin is not the only form of cryptocurrency nowadays.
“The economy tends to seek a point of balance, which is why we also should direct ourselves to the picks that can as well offer profitability through promising projects such as MintMe.”
What we call custom cryptocurrencies has become the faithful alternative for those who seek more freedom when it comes to selling their online services or buying, but overall, custom cryptocurrencies are the life and soul of those who seek support to crowdfund legitimate projects through the web and trust the crypto market as the most profitable method to reach a wider audience and be able to trade (token trading) afterward. Because it is possible to enter the crypto world earning with our job and our ideas and projects through token creation.
The economy tends to seek a point of balance, which is why we also should direct ourselves to the picks that can as well offer profitability through promising projects such as MintMe. It is very likely that the growth will be exponential for many altcoins and new platforms for the use of crypto and we may be in front of a very promising project. 2021, will be better than in 2020 and the forecast is that crypto will go up like the foam since the big investors are betting on it.
New doors have been opened for custom cryptocurrencies since Bitcoin has shot up to new all-time highs (we are talking about a value that has shot up, in a matter of a year, by 377%) Our time to start creating our own crypto environment has come, and those who had not yet hold on the opportunity to get paid in crypto should start now.
Mary Schwartz