You may have heard the term “Crypto Revolution” at least once in your life. Even if you don’t understand what it means yet, it’s becoming a big part of economics’ history worldwide. Investing in assets isn’t a new trend; in fact, it has been around for several decades now.
Cryptocurrencies didn’t begin circulating until 2009 with the appearance of Bitcoin, and even then, not many people were interested in it. One of the main reasons why Bitcoin had a rough start was because not many people were sold on the idea of a decentralized asset.
Decentralized assets are financial instruments that cannot be controlled by any banking or government agency. In essence, you may manage your money in any way you consider appropriate without having to worry about traditional payment processing. While a decentralized asset is great news for most people, it also posed some issues regarding price stability, speculation, and more.
As time passed, more investors decided to give Bitcoin and other cryptocurrencies an opportunity and achieved positive results. This increased the general public’s interest in these digital assets, making more people who weren’t necessarily investors try out the asset.
Today, there are over 6,000 cryptocurrencies in circulation, and there are many new ones in development as you read this sentence! We’ve been following the crypto revolution closely, and we decided to develop professional trading tools that anyone interested in discovering cryptocurrencies can try out.
Quantum Code is an app we created for all traders, and we’re ready to show people everything that crypto has to offer the world. If you want to learn more about cryptocurrencies and Quantum Code, keep reading!
Cryptocurrencies (or “crypto” in short) are digital assets people can use to make international payments without dealing with many processing fees and processes. Think of a cryptocurrency as a computer file with monetary value that you can store online and use to make purchases.
A remarkable thing about crypto is that it uses strong cryptography to secure each transaction. Typically, investors trade these assets to speculate on their value and make a profit. These assets work with a secure technology called “Blockchain,” which is a network spread across many computers worldwide.
Thanks to Blockchain, each transaction is safely managed and recorded. Many people prefer cryptocurrencies over traditional currencies due to the security they offer customers. It’s important to note that there are a lot of cryptocurrencies in circulation right now; some companies even create cryptocurrencies (called tokens) that people can trade for products within that company.
Not all cryptocurrencies behave the same way. Many external factors can influence each coin individually, such as historic events, speculation, and more. According to the market research website, CoinMarketCap, all cryptocurrencies have a total value of $2.44 trillion (As of May 2021).
You may have noticed that cryptocurrencies made a huge increase in popularity over the past few years. If you haven’t followed the news recently, you may not know why. There are many reasons why cryptos are being accepted worldwide as a new and optimized payment method, and we’re going to list some of these reasons below:
First, many investors believe that cryptocurrencies are the future of economics, so they’re purchasing them as much as they can before their price increases. Additionally, cryptos’ decentralized properties make them more viable and accessible by most people worldwide.
One of the best things about cryptocurrencies is that you have a lot of options to invest in. The most popular crypto today is Bitcoin, followed by Ethereum, Binance Coin, Tether, and others. Each coin has different properties that may or may not benefit your financial goals, so it’s a matter of choosing the option that fits your needs the best.
Thanks to cryptos’ increasing popularity, many countries are now accepting them legally as an alternative payment method. However, this is not the case for all countries since these assets are not issued, regulated, or endorsed by central banks.
Some of the countries that legally accept cryptos are the United States, Canada, Australia, Finland, and the European Union. Alternatively, some countries that regulate cryptos (or don’t accept them at all) include China, Vietnam, Russia, and more.
Many financial experts believe that it’s only a matter of time before cryptos become accepted worldwide, but until then, people have to take precautions before investing in these digital assets.
Some people see cryptos as investments, and others see them as simple speculation. The main argument that some people use to label cryptos as speculation is that an asset needs stability to be considered a real currency, and many cryptocurrencies don’t have stability.
While crypto may not seem like a viable investment today, it can give you opportunities in the future. For example, Bitcoin’s value has increased exponentially over the past two years, and it has continually broken its price record. If more companies and governments keep accepting Bitcoin as a payment method, it’s likely going to keep increasing in value for years to come.
Investing in crypto allows you to learn more about the financial market and make the most out of these digital assets’ benefits. Keep in mind that many businesses and companies, such as Tesla, are including cryptos into their business model, meaning that they’re not dying anytime soon.
Cryptos come with a high degree of volatility, meaning that you must be careful with your investment if you don’t want to lose your money. If you want to trade cryptos safely, you must do research and prepare for potential price movements.
There are four main methods that you can use to get cryptocurrencies. Each method has its particular features, and you’re free to choose the one that you feel the most comfortable with. Overall, these are the primary methods:
The easiest way to get cryptos is to buy them via an exchange since you only have to trade your local currency for the crypto you want. However, keep in mind that not all cryptos are available for purchase with local currencies; some cryptos require payments with other cryptos.
Before you make any exchange, you must open a “Crypto Wallet,” which is a digital wallet that you can use to secure your funds. Once you open that wallet, you can transfer your money or convert it to other cryptos/currencies with the help of an exchange.
If you want to learn as much as possible from the crypto world, your best choice is to trade. It may take you a bit more time to master than the other methods, but it’s the method that yields more knowledge for the user.
Trading cryptos involves speculating on the asset’s price over a particular period. If your speculation is right, you win the trade. However, there are many more factors involved with trading, and you must keep them all in mind. To make everything easier, we developed Quantum Code to help you.
Typically, you would have to spend hours monitoring the crypto market to determine what the best trading strategy for you is. That process can be extremely time-consuming and exhausting, leaving you without energy for other activities.
Quantum Code takes your trading preferences and uses them to monitor the market for you; that way, you can have a clearer mind to create better trading strategies, assess your potential risks, and more.
Our trading app isn’t a tool that can do all the work for you. Instead, it provides you with a more comfortable platform where you can learn how to trade more efficiently.
Signing up for trading apps is usually complicated or time-consuming, but not with Quantum Code. Our sign-up process doesn’t take more than 10 minutes, and after that, you’re free to explore the app as much as you want!
If you want to become a member of Quantum Code, make sure to follow these steps:
Do you have any more questions about cryptos or Quantum Code? We’re here to answer them! Make sure to read the following section to get more information about this topic.
We cannot speak for every trading app since each one has particular safety measures and policies. Quantum Code works with heavy SSL encryption and a strict data protection policy so that your trading experience is always safe with us.
Yes! Quantum Code is a great place to learn how to trade if you don’t have any experience since it lays down all the foundations you need to begin. However, make sure not to invest more money than you can afford to lose.
Absolutely! Many trading apps are now available for mobile devices, such as smartphones or tablets, and Quantum Code is not the exception. We optimized our app’s platform so that you can use it on any device without any problems.
Cryptocurrencies are slowly but surely becoming a primary payment method for many people worldwide, and it’s a matter of time until they replace major traditional payment methods.
If you want to make the most out of this crypto revolution, make sure to use Quantum Code and discover everything it has to offer!