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SHADI MOHAMED HASSAN

Why are cryptocurrencies so popular?

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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.

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In addition to what I have written, there is an important attraction factor, which is the speed of transfers and the absence of restrictions on them, unlike traditional banks that have many restrictions and complications. For many traders, moving a large amount of money in minutes represents a real gain when they need to do so in conducting their international trades.

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Maybe for many people, Cryptocurrencies are popular because of how much money you can stand to make with savvy investments.

For many, the technology behind many of the cryptocurrencies is fascinating.

Privacy is another boon for crypto, especially with coins like Monero, which enable complete anonymity for transactions.

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Cryptocurrencies call attention because as you yourself say there is no bank behind that inflates the amount or the monetary value, it is also popular because it is volatile, one day it can be worth a lot as the next day it is worth nothing, that's why it is interesting.

Be very careful whit this last newbies.

Greetings and success to all.

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Cryptocurrencies are popular for most people because they are currencies that we will rely on in the future and there are many of these currencies that have a high value, such as Bitcoin, so these currencies are spreading among everyone quickly and many people have seemed to rely on them in purchasing daily needs.

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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.

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Crypto currency is very popular in the world today because we can easily earn income through a comment and we can actually earn income through it. Crypto currency has given us a chance to run because crypto currency we can easily do well and there are many unemployed youth who can work like a good job here and they can be established in the society which is why it is going to be very popular with us.

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This is really good post that provides good insights on Bitcoins and it's perceptions to many people worldwide. I also agree with you on all of the statements. There is no doubt that cryptocurrency is going to gain high value by the end of this year. Through these advantages let's benefit from the significance of cryptocurrencies especially with bitcoins for the overall good of the platform as well as the users.

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Since prices of cryptocurrencies are also being traded in the market, there is an opportunity for people to invest and engage in arbitrage as they utilize the Blockchain technology. he main factor to their popularity is undoubtedly the fact that they’re unprecedented. Their potential is the thing that has driven them to the excessively high prices they’re worth, as people see them as highly promising initiatives for the future.

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The popularity is based on trust and its use, I cannot say that they are 100% popular, but every day more people use it, especially in regions where it is impossible to reach the traditional banking system and cryptocurrencies due to their decentralization, exist as an option.

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Cryptocurrency is a digital currency.. Many people earn crypto money.. And this crypto money use lead her happily life.. And crypto future is very bright.. Near future crypto spread all the world so cryptocurrency are so popular...          

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Hey! As we know cryptocurrency is a digital currency and this is papular because a lot of people are earning from the cryptocurrency at the home. People spending their time to earning this currency.

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There are many people around the world who have talked about crypto and that is why they are popular and there is a currency like money through which we can make money fast and through this we can make money in different ways andLots of people have changed their lives because of cryptocurrency and you have a nice statement about cryptocurrency relationships here, that's why it's a more acceptable rule for us

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Cryptocurreny are the modern digital currency that can be used for exchange from one person to another person. It became so popular because of the flatuation of fund from 1 point to another which made many investors to attract and big manufacturing companies to invest.

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20 hours ago, Mohamad ibrahem said:

Everyone has his own reasons that made him love cryptocurrencies and work with them.

What keep boosting and promoting the good image of Crypto currencies system elevating up day and night it's set of key features and its potential future. Been decentralized in nature which completely differentiate it from fiat currency, and high volatility.

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Crypto currency  is being popular day by day.This is a digital currency. The most popular currency are BTC,ETH,LTC,ETC,BNB. The value of these currency is increasing day by day and its become very popular all over the world.These cryptocurrency  is the future of modern world.Thank you.

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I believe cryptocurrencies have gained popularity because they're a genuine alternative to the current obsolete monetary system, they follow novel financial models and enable us to take over of our own finances, as it should always be. Also, part of this popularity, is that cryptocurrencies offer quite substantial speculation opportunities due to its high volatility, and people have been making good sums of money from this. 

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yes, I agree with you in this article. Cryptocurrencies attracted a huge number of people who liked their way of working, as this field has not passed more than a decade and has reaped a lot of profits. We are here talking about the future, and the majority of us have begun to believe in this matter that one day we will deal only with digital currencies, and if we do not take advantage of the opportunity that lies before us, we will be lost.

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Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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Well, I think that cryptocurrencies are very popular for something new, besides that people can get a lot of profit from them, either they sold or they also bought and saved.

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Crypto currencies are not that popular as you think. In my country about 70% do not know anything about the currency and do not believe you can earn money online with a digital currency such as crypto currency though in some countries such as China or Japan almost the whole country uses crypto currency

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On 10/25/2020 at 7:45 PM, G's Grace said:

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.

Definitely your all points are good. But i am little bit disagree with your last point. 

Here we also need to work hard for earning. You have to get experience and lot of knowledge about crypto and at the end you need to invest high money for getting rich. 

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Cryptocurrency is the modern currency and getting more popular day by day. As some countries don't accept cryptocurrency but it can be converted into our local currency. 

Crypto is the good way of earning money, espically for students. This crypto is an interesting field for students like me. We can learn many things from here and earn good money as  well. 

Trading in cryptocurrency is very profitable if we work properly and with patience. 

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Crypto currency are becoming popular everyday because most country are using it for some transactions and the transactions are fast, secure and allows the maintenance of records .

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Crypto currency are very popular our because they are use in most of some the popular countries or companies as their main currency, it is popular because it is something that gives high hopes of increasing ones income without working.

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 Cryptocurrencies  are so popular  because It is also  guarantees to protect investors from the collapse of prices in the markets, which is what reassure able to investors. Cryptocurrencies so popular and modern is the reasonable Cryptocurrencies are a digital currency around the world

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