There are various reasons why people invest in cryptos to meet their financial goals. Digital currencies are desirable to investors for a number of reasons, including but not limited to:
- They are a dependable, long-term store of value that is independent from governments
- They can lead to higher returns compared to other assets, such as stocks
- They offer investors flexibility, control and independence
- The need for central banks is reduced, offering investors more freedom and control over their financial data and money
- They are unaffected by hyperinflationary events, recessions, or other economic disaster scenarios
- They allow truly international investments at low costs and fast processing times
- They are easy to buy and sell
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