Cryptocurrency has taken the world by storm since its inception in 2009, and it has grown exponentially to become a global market worth over $1.5 trillion. In 2021, the total number of cryptocurrency users worldwide reached 221 million. One thing is sure in Cryptocurrency investing: it has a high potential for enormous returns. However, with such high rewards comes equally high risks, and investing with the right institution is vital to ensure success and mitigate any potential dangers. Let’s explore what the future holds about the potential for long-term gains in Cryptocurrency.
Future of Cryptocurrency
Cryptocurrency is an ever-evolving market with unprecedented growth in the past decade. With Bitcoin’s recent resurgence to an all-time high of over $60,000, the future of Cryptocurrency looks bright; according to a report by MarketWatch, The market for cryptocurrencies is anticipated to expand at aCAGR of 30.7% from 2021 to 2026, reaching a value of $2.3 trillion by 2026.
As the cryptocurrency market becomes more mainstream, regulatory frameworks are likely to be put in place to govern it. In the United States, several bills have been proposed to regulate the market, indicating that the government is taking notice of the market’s potential.
A new survey reveals some surprising results, as more than half of all Americans (53%) express agreement that cryptocurrencies are the future of finance. This sentiment is shared amongst both Democrats (59%) and Republicans (51%), as well as their belief that appropriate regulation is necessary to protect users (World Economic Forum). It’s clear from the survey that Cryptocurrency is an issue that is gaining traction in the world.
In addition to increased adoption, the development of new use cases for Cryptocurrency is also set to drive growth in the market, according to a survey conducted by HSB, a technology and insurance provider. This suggests that the mainstream adoption of Cryptocurrency is becoming more widespread, and its potential as a means of payment in the future is promising. Indeed, Cryptocurrency has a bright future!
Future of long term gains in crypto
The cryptocurrency market is on an incredible trajectory, with analysts predicting it will reach a remarkable $5 billion valuation by 2030.
The future of long-term gains in Cryptocurrency is promising. Still, it is essential to note that the market is highly volatile, and without the services of professionals, you can be at a loss while investing in digital assets. However, with the increasing adoption of cryptocurrencies by mainstream investors, institutions, and governments, the potential for long-term gains in the market is significant.
“Over the next 5-10 years, we will see the emergence of a new asset class that will rival traditional investment vehicles like stocks, bonds, and commodities. Cryptocurrencies will play a major role in this new asset class, and those who invest in them with a long-term view will be rewarded with significant gains.”
Brian Armstrong, CEO of Coinbase, in an interview with Bloomberg on May 6, 2021
The potential for long-term profits in Cryptocurrency is expected to rise as the market develops and matures, making it an intriguing investment prospect for anyone seeking to diversify their portfolio and profit from this new asset class.
Should I invest in Cryptocurrency?
The potential for long-term gains in this asset class is evident. However, it’s essential to acknowledge that investing in Cryptocurrency without the help of professionals is not without its risks.
This is where ITP Corporation’s Investment Institution comes in. As a regulated platform, it allows investors to gain crypto exposure while mitigating risks. By investing through ITP, investors can benefit from the expertise of experienced professionals. They can help navigate the market’s ups and downs and ensure that investments are made with a long-term view.
ITP’s Investment Institution offers a comprehensive suite of services, including trading and management of digital assets and custodial services to keep investments secure. The platform’s advanced technology enables real-time market analysis, ensuring investments are made based on the most up-to-date market information. Take your first step towards a strong future with ITP’s Investment Institution.