Many newcomers to cryptocurrency face one problem: storing their digital assets. The industry is still underdeveloped, so we cannot say that cryptocurrency services can compete with banks in terms of security and ease of use.
The cryptocurrency market often sees sharp fluctuations in quotations. For example, on November 16, bitcoin price collapsed by more than 10%. A sharp decline in the value of the first cryptocurrency was observed on September 7. Then the asset fell by more than 20% within a day. Experts explained how to secure their investments in cryptocurrency and make investments more effective.
This year’s lockdown coincided with the most profitable period in the crypto market, said 8848 Invest’s lead analyst. According to him, for several years in a row, the last quarter has been the most positive for “bulls” in the market of digital assets, so we can expect significant growth from cryptocurrencies in November and December.