It has been less than a decade, cryptocurrency has made a huge statement in the financial sector. The faith in them has risen. We all agree, don’t we? This digital currency came out of nowhere, still managed to get all eyes on it. That’s success right there!
It’s already in a phase where its effects are undeniable in the lives of the public. Let’s not forget nothing comes easy. Just like everything else, there have been challenges to work with the blockchain technology in the existing systems.
Never Lose Hope!
Just look at Bitcoin, its not where it was a decade ago. There has been lots of progress and its adoption in countries like the United States, Denmark, United Kingdom and Netherlands as a mode of payment is proof.
No, no. We’re not denying that it hasn’t been a bumpy ride for it. There were high and lows. Now, they are mostly just good highs. Everyone loves those!
So, can we make a few predictions for the future based on the trends in the crypto-market? Yes, we most definitely can!
Love, Support and Admiration from the Institutional Investors
Governments are constantly looking for ways to regulate the cryptocurrencies. The investors? They have finally stepped into their comfort zone and are ready to put their funds into them. The regulation will help the world to breathe even more easily and all that anxiety will be at bay! The attractive returns is making the crypto-world more and more pleasing to look at.
But, all good things take time, and this too will. It will be a slow and gradual process, we predict.
Why the Regulation?
The lack of security is a matter of concern for all. Let’s just accept that. The traders in the cryptocurrency world worry and sweat before making any trades, because who wouldn’t when money is on the line? Some have taken advantage of the lack of regulation and have run Ponzi-schemes to rip people off.
Have no fear! Attempts are in progress for the regulation in the international arena. Ensuring security we believe, will be successful for the blockchain technology in its entirety!
Sure, there have been various measures to ensure the stability of cryptocurrency in the market. It’s a struggle and it we believe it won’t stop ever. There are any factors that keep them volatile:
- Lack of institutional Capital
- Implementation of Regulation
- No intrinsic Value
Regulation of this digital currency and its market might just help to lower its volatility. It won’t be enough though, to make a visible difference to its volatile nature. People might benefit from the sudden rises in the value of cryptocurrency. It won’t stop being volatile, and it is something every investor should always remember. And, let’s not overrule the possibility of a crash and bang in the market. Anything is possible, we’re just playing the game of guess based on some hardcore facts.