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Author Topic: What are the top advantages of using cryptocurrencies?  (Read 561 times)
johnokeefe09 (OP)
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May 25, 2018, 11:56:43 AM
 #1

I believe that there are so many usages of cryptocurrency. But to be specific, could you please let me know the top advantages of cryptocurrency that will trigger me to invest in this industry right now?
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May 25, 2018, 12:10:37 PM
 #2

I believe that there are so many usages of cryptocurrency. But to be specific, could you please let me know the top advantages of cryptocurrency that will trigger me to invest in this industry right now?
The main advantages is independent because we don't depends on any banks nowadays most of the peoples are using credit and debit card but it is not a worthy investment so if you choose the Cryptocurrencies it will looks like a stock market anytime we will earn more profit and main advantage is completely transparent to everyone but fiat currency is not a potential platform.

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sandialoveth
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May 27, 2018, 05:44:30 AM
 #3

Now a day’s crypto is becoming popular among the people. Peoples are investing on this market and they earns lots of profit from this. Nowadays banks are also connecting with crypto it is a great advantage for investor because this types of news relax them.
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May 27, 2018, 05:56:23 AM
 #4

I believe that there are so many usages of cryptocurrency. But to be specific, could you please let me know the top advantages of cryptocurrency that will trigger me to invest in this industry right now?

One top advantage of using cryptocurrency is the speed of payment because it is running on the blockchain. The use of the blockchain has enable business to avoid the various obstacles of payments associated with traditional methods of payments. This is a big advantage to the investor.


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jamesbtcearn
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May 27, 2018, 06:56:33 AM
 #5

The advantages of using crypto are many. Firstly this is decentralized and you are not bounded to bank now. It has a smarter technology. Besides if you can trade sensibly the chances of gaining profit is higher.
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May 27, 2018, 07:00:30 AM
 #6

I believe that there are so many usages of cryptocurrency. But to be specific, could you please let me know the top advantages of cryptocurrency that will trigger me to invest in this industry right now?
Anonymity is the biggest advantage of using crypto currencies and also you can keep your coins by yourself you no need anyone service to hold it even if the amount is in millions and you also can make money by trading and holding the cryoto currencies.
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May 27, 2018, 07:02:50 AM
 #7

1. Transparency, anyone can see its existence!
2. No inflation, it will always remain at a fixed amount and cannot increase!
3. Portability, it is easy to transfer it from one place to another without detection!
4. The transaction cannot be traced because it uses a decentralized network and cannot be tracked because it is not regulated by any organization or any central bank!
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May 27, 2018, 07:07:07 AM
 #8

If you need to send money to a recipient in another country, you will understand that crypto currency is the best option. The usual money transfer is not only costly, but also requires the filling of a mass of accompanying documents.
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May 27, 2018, 07:26:44 AM
 #9

I believe that there are so many usages of cryptocurrency. But to be specific, could you please let me know the top advantages of cryptocurrency that will trigger me to invest in this industry right now?

Transparency and independency. You can verify everything and you dont have to trust anybody.
It is cheao and super fast to do transactions with whole world. It is far superior mean of transacting money and value
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May 27, 2018, 07:52:53 AM
 #10

Crypto currency is  allowing to create intestinal currenciesx for the platforms . Each platforms will have internal currencies . Internal transaction required fees so each transaction will increase the value . If it is mineable coin then each coin has to be mined . But as far my understanding crypto currencies are mostly used in remittance industry withou any barrier or mediators we can easily send money.
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May 27, 2018, 09:05:42 AM
 #11

For me the top advantages of crypto currencies are: 1 It doesn't have goverment or any third party interruption. 2. It is decentralised so that people anywhere of this world can use it. 3. It is encrypted and safe. 4. The transactions are transaperant as a result we know what's going on to the process and lastly 5. You can make a huge amount of profit using this currency.
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May 27, 2018, 09:12:29 AM
 #12

In my opinion one of the advantage of cryptocurrency is that it can be use now for paying bills and can be use for other payment transaction like in online shopping

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May 27, 2018, 09:15:17 AM
 #13

cryptocurrency using blockchain technology without involving a third party of banking. So, there are no rules that potentially hinder the payment process
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May 27, 2018, 09:19:00 AM
 #14

I distinguish the following properties:
1. Decentralization.
2.Security
3. This is the currency of the future.
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May 27, 2018, 02:32:40 PM
 #15

I believe that there are so many usages of cryptocurrency. But to be specific, could you please let me know the top advantages of cryptocurrency that will trigger me to invest in this industry right now?

the specific advantages that we can get from cryptocurrencies are we can earn the coins or the tokens by the freeway without using our money and after we get that coins/tokens, we can keep for a long time. and this is the reason people make an investment in the cryptocurrency after we have the coins/tokens, we have two choices that we can do which is we can sell to make money or we can keep and save for a long time. you can go with the freeway or with your own money and no one will force you to choose one of that choice.

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May 27, 2018, 08:00:57 PM
 #16

There are so many advantages of crypto. The main benefit, I think, is its decentralization. With its distributed ledger system, all transactions are transparent easy to track by address.
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May 28, 2018, 12:33:55 AM
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one of the biggest advantage is it is decentralized. that is one of the biggest reason i came to cryptocurrency. decentralized currency gives me feeling of being independent, which is price less.
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May 28, 2018, 01:20:28 AM
 #18

Yes, you are right that cryptocurrency has a lot of uses. But the most specific uses of cryptocurrency is it helps us t become independent. As we are now dependent on the banks. But cryptocurrency helps us to be independent.
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May 28, 2018, 01:29:53 AM
 #19

I believe that there are so many usages of cryptocurrency. But to be specific, could you please let me know the top advantages of cryptocurrency that will trigger me to invest in this industry right now?
One advantage of cryptocurrency is it's anonymity and easy acquisition. 
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May 28, 2018, 01:30:33 AM
 #20

The number 1 advantage of cryptocurrencies is the decentralization, it also comes with easy payment to use in online with faster transaction and you have full control of your money like owning a bank. cryptocurrency is also a promising technology that you could gain profit by holding the potential tokens.

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