The market of cryptocurrency constantly fluctuates and nearly every day new cryptocurrencies emerge and some may even die. Some investors get lucky and some lose their money. Yes, the cryptocurrency market is unpredictable and posses a huge risk to their investors. But as predicted by experts, cryptocurrency is here to stay and is already making a known impact on the world of finance.
Institutional investors are starting to purchase cryptocurrencies. Banks and governments are also starting to acknowledge the potential that cryptocurrency holds.
There are already a lot of people buying Bitcoin to prepare against the devaluation of fiat currency.
In Asia especially, the Bitcoin market is flourishing. More and more companies have come across the effectiveness of Ethereum as a Smart Contract or token. This shows how blockchain technology is slowly taking its place in organizations for its security networks.
Cryptocurrency is definitely an investment vehicle worth looking out for. It is no doubt growing in use and acceptance and one day, may emerge as the currency of the future!