The benefits of investing in cryptocurrency for long-term gain

The increasing value of Bitcoin has gotten many to become interested in venturing into the world of cryptocurrency. Bitcoin managed to hit a record high price of 936.4 million rupiah this year in 2021. World-renowned companies such as Tesla and Visa are also collecting Bitcoin as part of their investment assets. It’s no wonder that more and more people are tempted to get their hands into crypto investing.

If you are one of those who are interested in investing in crypto but have not got started, let’s first understand what cryptocurrency means. Cryptocurrency, or often known as crypto, is a digital-based currency. In other words, this currency is only available in the digital world. This currency is now increasingly accepted as a means of payment for digital transactions. For example, the world’s largest online transaction finance platform, PayPal recently announced that it is now accepting Bitcoin transactions and storage.In addition, cryptocurrencies do not have a Central Bank so it is easy to use them as payment for online transactions.

In Indonesia, crypto investment is allowed and regulated by Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti), which is part of the Ministry of Trade. Although this currency cannot be used as a legitimate means of payment, cryptocurrencies can be an investment tool and can be traded. With a government body regulating cryp investments, they are now more protected and secure.

Benefits of investing in cryptocurrency

When it comes to the benefits of crypto investing, we must first understand the reasons as to why we should start investing in this field. We are starting to enter the digital age, so investing in cryptocurrency assets is an opportunity for investors to earn profits. We can see this by taking a deeper look at the differences between cryptocurrencies and fiat currencies that we use every day.Ā 

The benefits of crypto investment cannot be separated from the supremacy of cryptocurrencies when compared to the fiat currencies that we used daily. Bitcoin or other types of cryptocurrencies are the result of cryptography and blockchain technology (supervision between computer networks around the world) which are very secure so they can control and verify every transaction so as not to allow double spending (spending the same digital asset twice). This blockchain system is controlled and supervised in a decentralized system between one computer and another, thus ensuring the security of crypto and distinguishing it from fiat currencies.

Every cryptocurrency asset owner has private access and doesn’t need to use real personal data, so if your personal data is stolen and misused, the crypto assets owned cannot be accessed arbitrarily. These access restrictions also make cryptocurrency assets unaffected by the decline in inflation caused by the government as a result of the increase in the amount of money being printed to deal with the world economic crisis.Ā 

Apart from being unaffected by inflation or the state of the world economy, cryptocurrencies also have a limited amount. For example, Bitcoin only has 21 million coins in the world. The limited number makes their value increase in the future due to high demand and limited supply of coins. As a result, in the long run we are likely to see a good capital appreciation from investing in crypto because it is similar to investing in gold, which is also limited in supply.

With the devaluation of currency values, gold and cryptocurrencies have become valuable assets that you can choose for a long term investment. The fluctuations in the value of cryptocurrencies are also a crypto investment advantage for those of you who prefer short-term trading activities. Even though the value tends to fluctuate, when viewed from a long-term perspective, cryptocurrency assets continue to increase.

Crypto Investment Security

No matter the type of investment you choose, there is always a risk of loss. Therefore, it is better to anticipate and ensure the availability of crypto security by properly studying the ins and outs of the world of investing in cryptocurrencies.Ā 

Understanding the risks in this investment is also one way to ensure the security of your crypto investments. One of the most common risks is fraud in the name of crypto investments. Since the popularity of Bitcoin has increased, there have been many scams in the name of bitcoin investment. For this reason, it is important for you to choose a place to invest in crypto that is guaranteed to be secure, such as at Tokenomy.com.

The security of crypto investments on Tokenomy.com is guaranteed because it is officially regulated under the Labuan Financial Services and Security Act 2010 (LFSSA). This LFSSA regulation is issued by the International Business and Financial Center (IBFC) in Malaysia which provides security licenses in the investment sector.That is why Tokenomy.com is the official place that guarantees the security of your crypto investment transactions.

Often being an excuse for a scam, crypto is also at risk of being exposed to hacking activity. Because they are digital-based, crypto assets are one of the targets for hackers in the world. Crypto accounts with large transactions also often get hacking attacks that cause big losses. Because of that, Tokenomy.com implements various very strict security systems to ensure the security of crypto assets under its auspices.

In order to ensure the security of your crypto investments, Tokenomy.com implements a Zero Trust system which avoids trusting any individual and relies instead on a more secure system framework. One of the forms is the website data transmission system which is done through Transport Layer Security (TLS) and special internal data storage with limited access that has never been exposed by the internet network.

All official employee records, such as criminal and credit records, are subject to continuous monitoring from start to finish to ensure customer trust. All employee access is also restricted and also requires a series of high authentication processes.

Interested in investing in crypto? Learn more at Tokenomy.com.

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