02.08.2021

Cryptoindustry. The train hasn’t left.

On October 31, 2008, someone using the pseudonym Satoshi Nakamoto published a document titled “Bitcoin: Peer-to-Peer Electronic Cash System.” It described how the future cryptocurrency would work.

This moment can be considered as the birthday of bitcoin and the starting point for the entire crypto industry.

The blockchain and cryptocurrency field has existed for almost 13 years. For such a short period of the industry development it has already shown incredible results. I suggest you to look at these results, and then answer the question – why is it not too late to “jump on the train”?

In 2021, the cryptocurrency market capitalization surpassed the $ 2.5 trillion mark, although by the end of 2020 it did not reach $ 1 trillion.

When traditional markets plummeted in March 2020, the crypto industry, by contrast, was showing strong growth. An increasing number of people began to pay attention to cryptocurrencies as an effective ways of protection against inflation. It also played a role at a time when the largest states turned on printing presses to keep the economy afloat.

The growth of the new market has fueled the interest in digital assets and blockchain technology from various companies around the world. For example, there is a process of data reconciliation in the banking sector. If blockchain is introduced into this process, then the speed of data reconciliation will increase tenfold, the human factor will be excluded, and the annual operating costs will be reduced by $4 billion.

In addition, blockchain provides tremendous opportunities for faster transactions with lower fees than in a bank. And business acceptance of payment in cryptocurrency is already an effective investment tool.

Speaking about investments, it is necessary to remember that large institutional players continue to invest huge amounts of money in cryptocurrency. For example, during the “drawdown” of the bitcoin rate to $30 thousand on May 19, 2021, the largest investors purchased 77 thousand bitcoins for a total amount of more than $3 billion.
And this is not an isolated case.
Since the beginning of summer 2021, the “whales”, whose addresses contain from 100 to 10 thousand bitcoins, have purchased more than 170 thousand coins for $ 6.3 billion. This proves that even the best financiers understand the importance of new means of payment and see this is an opportunity to improve welfare, as well as a way of long-term investment.

Why the best time to enter the industry is now?

Indeed, bitcoin has presented incredible opportunities for making colossal money to its early investors, but this is only the first stage of a much more global trend. Banks and financial companies are just beginning to implement the achievements of the cryptosphere in the field of lending, collateral, fast transfers and other financial processes.

We are witnessing the emergence of a new economy – and you have a chance to repeat and even surpass the success of the very first bitcoin investors by investing in completely new and promising projects.

Such opportunities appear in the industry every day, but it is very difficult to find them and distinguish them from “dummies” on your own, especially for those who are just starting their way in the industry.

On October 27-28, the Blockchain Life Forum will bring together the best representatives of the industry who will share their insights, their expertise on the most exciting and topical issues. They will help you figure out what market development trends are worth your attention and how to make money on blockchain and cryptocurrencies?

The world of cryptocurrencies is not a train that leaves. This is the station, which is constantly receiving new trains. Blockchain Life will teach you how to see the timetable of these trains and buy tickets for them in advance.

Don’t miss your chance to dive into the trends of the future.

See you at the Forum.
Sergey Khitrov, founder of Listing.Help and Blockchain Life

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