This debate has been going on since the start of the crypto market in 2009 with flagship currency, Bitcoin. The supporter will argue against it and critics say that it is a scam. I want this debate to end once for all. I know that digital assets have no physical state but they exist in this world for more than a decade now. Millions of people have benefited from this and it is a good investment.
Investing in crypto might be a little risky but if you look closely what isn’t risky? If someone is investing in other things like stocks, then what’s the guarantee that they will not lose their investment. Cryptocurrency is a good investment if you want to gain direct exposure to the demand for digital currency, while a safer but potentially less lucrative alternative is to buy the stocks of companies with exposure to cryptocurrency.
The use cases of the crypto market are increasing in daily life so don’t hold back and join this exciting universe. I would say research any project before investing but blaming the whole crypto market isn’t the solution.