The business benefits of Cryptocurrency .

[Stylex]

There are.many benefits business of cryptocurrency
The benefit method of cryptocurrency is that it brings allot of money

 

[Josemendez]

Definitely, it's long term investment in cryptocurrency that are worth it in most cases for investors because it does not really pay much profit in short term note.

The long term investment are in most cases for coins with good use cases but for shit coins , one just need to take his profit when there is need to do so.

 

[Heatman]

The long term investment are in most cases for coins with good use cases but for shit coins , one just need to take his profit when there is need to do so.

Seriously, it's those with strong mind for business investments in cryptocurrencies that goes into long term investment with coins and they actually make it big.

 

[Alexandoy]

Crypto coin is a commodity that has a market for exchange where you can buy and you can sell. The exchange center is earning from the transactions. Likewise the digital wallet provider also earns from the wallet users. That in itself is an industry that provides employment and income. On the other side of the fence, the traders can earn a profit or can lose from the trading.

 

[Nomad]

If you save $1 in your bank acocunt, the highest you can earn from is is 12 cents in one year, however, $1 worth of bitcoin can become 10 X in one year. We saw this happening earlier this year

 

[tyrim88]

The business benefits of cryptocurrency.
* Lower fees-Transaction fees are lower with bitcoin than with credit cards,and when crytocurrency is not exchanged,it also eliminates the need for bank charges.
* Fraud reduction-A payment made with bitcoin cannot be reversed after the fact.

One thing that makes cryptocurency going is the elimination of delays and the stress on will have to go through when you want to get a wired transfer to do cross border commerce transaction.This aspect is eliminated with the use of cryptocurency.

Post automatically merged: Aug 4, 2021

If you want to truly benefit from crypto currency, you will have to think about the long term investment. Short term investment will give you little profit. The best strategy to benefit from crypto currency is to hold them for at least 5-10 years. In 2015, bitcoin was $400, now it is $33K. Look at the price growth in just 5 years.

Truely cryptocurency is a long term investment plan and this should be a delibrate action.I remember when i had the oppourtunity of investing into bitcoin in 2012,and i did not really understand much about crypto then.I think long term is the way to go.

 

[Josephjossy]

Crypto currency trading have been helping many people right now. It have helped many countries in balance there economy. Many youths have job today because of crypto currency. You don't need high knowledge of the business before going into it

 

[Mika]

I bought 3 million shib coin for $21, the value of my shib coin has gone up by a couple of dollars. This happened during the period of 6 weeks. The price wil continue to improve. crupto currency will earn you in no time.

 

[Josemendez]

I bought 3 million shib coin for $21, the value of my shib coin has gone up by a couple of dollars. This happened during the period of 6 weeks. The price wil continue to improve. crupto currency will earn you in no time.

This is one unique thing with cryptocurrency investment. We will always see an increase in the price of our investment. We just need to be patient with it.

 

[Hena101]

I think if you really want to benefit from any kind of business or investment then you must think of long term because that is what will keep you focus to see that you achieve it.

 

[Bousine123]

It's has lots of disadvantages and advantages that may be too many to mention. For me I think it gives us a lot of options for payment.

 

[Ub40]

Personally, I don't see much business benefits of cryptocurrency using small business as a case study, because just as someone already mentioned above, that in this case, it may have no benefits at all because of the rise and fall nature of cryptocurrency which the said business will not be able to wait for the said coin to rise again for business to Continue. That is my opinion.

 

[Blessedsam60]

Cryto has a lot of benefits for transaction ranging from low transaction fee with ease and sending it doesn't need an exchange medium aside from your wallet to receive the payment

 

[Alogakho Esson]

While am still on research to understand they team currency am in Africa where financial literacy program is very low and slow but I believe in connecting economy

 

[Joseph212]

Cryptocurrency is ok to get into but if it is not just to gamble but to trade and invest that's how you can be ok with it and if it is not ban in your country

 

[Kubiat-Abasi]

Crypto currency is easier because transaction is smooth and not done by any middleman. There's a reduction of fraudulent act using Bitcoin because it is decentralized and a mistake can be reversed after establishing proof.

 

[skyliequiz]

It enables payments to be handled considerably more quickly and in a single currency. It implies that your company may acquire cash more quickly and cheaply, and it eliminates the time-consuming procedure of visiting banks for loans.

 

[Senator]

Cryptocurrency has a lower fees transaction costs for doing business with them. They also do have a reduced fraud tendency because they are more transparent except you open yourself defences for fraud

 

[Sincerem]

It gives an individual security over his or her funds by using a legit wallet or exchanger to bank his or her digital currencies. Low transaction fee + swift transactions makes crypto worth using all the time.

 

[eLdavis]

Cryptocurrency is ok to get into but if it is not just to gamble but to trade and invest that's how you can be ok with it and if it is not ban in your country

I have been hearing about gambling with crypto currency, I have even heard about some faucets that has a gambling option. Do you have any idea how they gamble with crypto? I don't think I would want to gamble though.