Over the last decade, cryptocurrency has been a profitable and worthy investment venture for most businesses and tech companies, which can be attributed to a rise in the use of crypto for transactions, incredible profit returns, and flexibility in its navigation.
Influenced by evident success from bigger companies, many start-ups seeking investment options are now considering the possibility of investing in crypto.
With that said, here are five reasons why you should consider crypto as an investment vehicle for your start-up.
Shield From Inflation
Most cryptocurrencies are shielded from inflation as crypto is of global value, which means that it is independent and free from governmental control.
Cryptocurrency is digital money and not physical money, and as such, it is not easily manipulated or overprinted. For example, Bitcoin has been perfectly made to resist inflation through a fixed pact for its supply never to exceed 21 million.
This fixed supply approach has also been adopted by other cryptocurrencies so that when there is an increased demand for them, it would then lead to an increase in price.
With these measures put in place to ensure stability against inflation and degradation of its worth, cryptocurrency is a terrific option for startups to invest their money in.
Crypto Is a Rapid Capital Multiplier
For start-ups looking to make returns on their investments as quickly as possible, crypto is the best investment to make due to the fact that the crypto market thrives on volatility.
Cryptocurrency is popular due to heavy price actions, and in a bull market, it’s possible to see up to 100% returns within a short period. This makes it a great investment tool. But due to its volatility, it is important to monitor crypto investments with an online investing app like SoFi.
Total Dominance Over Your Investment.
Due to the intrinsically decentralized nature of cryptocurrency, investing in crypto gives you complete control over your money. With the absence of any third-party company or middle man to oversee your investments, owning cryptocurrency will allow your start-up company to benefit from its profits to the fullest extent possible.
Crypto investments also allow start-ups to conduct investment activities anywhere using an online investing app, on any device, and anytime.
Cryptocurrency Is Great For Long Term investments.
The stability of cryptocurrency makes it safe for any long-term investments your start-up may be looking to adopt. This is because of its independence from any particular currency, fixed supply, its advantage over inflation, and lower chances of its manipulation by scams. You can sleep at night knowing your investment is secure.
Also, your crypto investment has massive potential for growth in the long term. Therefore, investing a chunk of money into it for a few years will allow you to make higher returns, giving you more capital to expand your start-up. For this reason, crypto is often referred to as ‘‘digital gold.’’
Entices Young And Diverse Investors
Getting involved in cryptocurrency investments attracts new customers and investors to your start-up company due to its popularity among the population, including diverse categories like millennials, Gen Zs, and all races and genders.
This means that investing in crypto will increase your start-up’s value in the eyes of the majority and make your company accessible for business. It has also been recorded that many young investors prefer to invest in a company with a cryptocurrency portfolio.
Additionally, investing in crypto provides a global reach for your start-up and receptiveness for foreign investors. Further implementing the option of cryptocurrency as a payment mode for your services will introduce a range of customers willing to make crypto payments.
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