Why are cryptocurrencies so popular?

[VijithaVarghese 1994]

It's because of simple way of them being the fascinating modern currency and the way it helps a lot of people earn huge profits. This simply can sum up our future. These currencies also have decentralised control and are actually free . The free is also quite low so all these enough reasons for it. Great content friend.

[noshot 154]

They are popular because of the money people make and still some lose of course but this is because the price are scare some times the investors, I am most here because of the opporunity to make some money.

[malik6314193 5449]

Crypto currencies are future currency of the world. By this anyone can send money overall the world without any high fees as we see in bank system. 

And other reason of joining crypto currencies is that crypto trading is profitable and risk free as compared to forex trading. 

[Mike1515 2977]

I think its because they were the only way we have been able to see a new way we need to work and put together everything in the perfect solution the right thing so we have to really be sure that we have do work and be sure that we are able to follow everything that works and for the good reasons we have is to really work as hard and put together everything in perspective they do work perfectly as a means of exchange

[Irungu 4299]

@Mike1515 Thats the very truth , I think when it comes to stating everything then the truth is crypto ccame to a space that nobody else thought would be working so teh truth is we need to work with it perfectly as it is, the space for fiat was becoming so crowded and people were making it easy with Technology so the moment an alternative for fiat introduced itself  then that become the best thing today

[Jack764 1841]

The growing popularity of cryptocurrencies and the great demand for cryptocurrencies and the trend to invest in cryptocurrencies is due to the fact that cryptocurrencies have distinct characteristics that are not found anywhere or other work, such as speed in completing transactions, as well as the privacy enjoyed by cryptocurrencies, freedom of funds and commercial openness that characterizes it  Cryptocurrencies because all people in different parts of the world can own and invest in cryptocurrencies.  It is these features that have made cryptocurrencies more popular day by day.

[Dormilon 2183]

I would not say that they are very popular at this time, it still has a way to go to be accepted worldwide as a way to obtain financial independence, the large world corporations that handle fiat money fight every day to avoid its use and the countries impose sanctions so that its use is very limited or non-existent in many cases.
What is clear is that they are the future and they are here to stay, sooner rather than later they will have to be adopted by the developing countries and this will give them the necessary push to replace the money that we all know and which does not meet the needs. of the people and that makes us dependent on the government of the day, which uses the printing of money to create bubbles or cancel goods and services with something inorganic that devalues and makes people poor.
The global transaction capacity of cryptocurrencies makes them versatile and usable, more dynamic, more independent, that is why every day people will use and trust them.

[samjan 47]

cryptocurrencies is very popular to world wide because of its value its very valuable bitcoin is very precious and its easy to use so for that peoples are giving value to bitcoin they like the use of bitcoin in future will make transaction with bitcoin 

[Ponnnu 962]

Cryptocurrency is getting widely acceptable all over the world because of its high value and potential to make high profits. But still some countries haven't legally accepted it yet due to their legal and economic framework. They are currency of the future and sooner or later all countries will legally accept it. And cryptocurrency is so popular because it gives investors good earnings.

[Guru2050 8284]

First and famous this question should go as Why some Crypto currencies are so popular, because not all the coins are popular and valuable but only few among the thousands. And they're the top 10 arrange in hierarchial order at the capital market.

[Anshamaraam 327]

Most people are thinking that it will be the future, but i thinks that why it will be the future? Because it gives a lot of opportunities in business all over the world. Everyone can start their own work as trading online from home and this is the best facility.

Thanks if you like it ,hit it.

[Arpit Gupta 581]

Cryptocurrency is the modern currency that is used for some purposes but many as it is not accepted in many countries. And the other thing is that we have to convert it into money which is somewhat difficult but it is popular as many people came to know about it.

[Maaz sultan 265]

You are right but in many countries the cryptocurrencies are banned and lots of people don't know about cryptocurrencies . I lived in one of the countries where the cryptocurrencies are  banned but in some time the cryptocurrencies are  getting unban. 

[G's Grace 4]

Because:

1- You are your  own manager.

2- They are less disadvantage, your only care is ''Internet''.

3- You spend less energy, no need to leave your home.

4-  It's the only way you can get rich in a few time.

[twinkle 0]

yes you info is correct but apart from it, it better than share and capital market. because its price is very high than any share in any market. second thing is it is easy to use and trade. there is high chance to gain from 10 to 100. like sometime by ico provided by yobit helps to make ggod profit as i told.

[saradz 2259]

They are open source currencies designed for everyone, and nobody owns or controls them. It does not control any bank or some institutions. Instead, all online transactions are stored on a digital platform that is the world's leading platform for digital currencies and enables currencies like Bitcoin to operate successfully.

[Jaafar Fahad Hassan 114]

19 hours ago, Maaz sultan said:

You are right but in many countries the cryptocurrencies are banned and lots of people don't know about cryptocurrencies . I lived in one of the countries where the cryptocurrencies are  banned but in some time the cryptocurrencies are  getting unban. 

Yeah, I get to understand that many countries don't engage cryptocurrency, while some don't allow it due to ban from the government, but am sure with time when things are clear, those countries not involved will.

[babaji 1228]

There are multiple reasons, why cryptocurrencies are getting so popular. It is easy to access, as it can be stored in a wallet. So you can have millions of dollars just in a pen drive. Its protection is almost unparalleled. The price is always rising, as in whatever you have in fiat, might atleast double or triple, till bitcon reaches a stable price, which might never be, means more means of making more money. 

[Calvinpriva 17296]

Cryptocurrencies are popular because they are profitable to anyone who will learn and invest in them. A lot of people have changed their lives because of cryptocurrencies, so there are many who talking about crypto in all over the world and that's why they're popular.

[Emma William 2399]

1 hour ago, Calvinpriva said:

Cryptocurrencies are popular because they are profitable to anyone who will learn and invest in them. A lot of people have changed their lives because of cryptocurrencies, so there are many who talking about crypto in all over the world and that's why they're popular.

Yes that's right ! And I think that people felt the value of this project after the Corona crisis!
Because most of the people have lost their jobs due to the Corona crisis!
We all know that many people have resorted to the digital currency project in order to get money! Indeed, this is what happened!

[Flying11Horse 45]

On 10/25/2020 at 7:28 PM, Maaz sultan said:

You are right but in many countries the cryptocurrencies are banned and lots of people don't know about cryptocurrencies . I lived in one of the countries where the cryptocurrencies are  banned but in some time the cryptocurrencies are  getting unban. 

You are right @Maaz sultan cryptocurrencies are banned in many countries  because they consider it a threat to their local currencies.They are not aware of the advantages of cryptocurrencies. Crypto has the power to in lifting the economy of a country from scrape to billions of dollars of economy.

[Zafarwaheed 0]

13 hours ago, daintybrat said:

I think cryptocurrencies are popular because it is considered to be one of the future currencies that can replace the paper money system. It is also considered to be very productive and offers many rewards and benefits.

Crypto currencies are becoming so popular because of it's demand and it's providing people benefits by learning and working on them. And it has changed the lives of many peoples just by the crypto currencies,so it's is the wide spreading currency all over the world. And that's why there are the popular.

[SuperCrypto 7193]

From us, it is certain that there are many advantages of digital and cryptocurrencies that make them popular and have great value and benefit, and therefore we have come to see a great interest from international banks in blockchain technology and its applications, which these assets are one of them.

[fuck123 184]

It is very popular all over the world and many people work here and they get a payment in return for their work with which they can do something for their family and it is often seen that they They are able to acquire good knowledge from the seniors and not through them they have re-knowledge about their benefits and coin market with which they can move towards a better future. So its popularity has spread everywhere

[entrepreneur 634]

I think that cryptocurrencies are popular because they are anonymous, while there is also a high profit margin on them, or a high value of profit to put it that way.

 

There are so many of them and some of them are really profitable, you just need to find them.