Bitcoin, the biggest cryptocurrency, hit more than one new all-time high price in 2021 followed by major drops. Expert advice and predictions differ. Let’s reveal some more details concerning the future of crypto money and see who can best help you with crypto payments.
Cryptocurrency highs can be easily followed by drops. Such volatility makes different experts predict different developments in the field. Professionals in the space are following themes from regulation and expect institutional adoption of crypto payments, which will allow them to get a better image of the market.
As for businesses and consumers, their interest in crypto has skyrocketed. Lawmakers in Washington D.C. and not only are working on finding a way to establish laws and guidelines so cryptocurrency can be safer for investors and have strong protection against cyber attacks.
Have you heard about the BITO Bitcoin ETF (exchange traded fund)? The latter allows investors to purchase cryptocurrency right from traditional investment brokerages they may already have been working with, Fidelity or Vanguard.
Cryptocurrencies in the Future
According to some analysts, the global cryptocurrency market is expected to more than triple by 2030, reaching a valuation of about $5 billion.
Market volatility is the main reason why experts recommend people to keep cryptocurrency investments to below 5% of their total portfolio and avoid investing in something they aren’t prepared to lose.
Many investors are expecting greater regulation in the field since they believe it could legitimize the fledgling marketplace. As a result, more businesses will be able to accept digital currencies, and cryptocurrencies would be better valued and be protected against fraud. So, they believe stronger regulation will reduce volatility and criminal activity.
To get the right advice for your own financial needs concerning crypto payments, work with a reliable and experienced payment specialist in the U.S. This way, you can be sure to get access to the most secure and cheapest payment processing solutions to take your business to the next level successfully.
What to Expect from Cryptocurrencies
Innovations in the cryptocurrency world have skyrocketed. Cryptocurrencies like Bitcoin and Ethereum have become more competitive in recent years. However, the field is still volatile. Different experts give different pieces of advice to those interested in investing in crypto money. Work with a reputable payments specialist to get the best help with payment processing services, including cryptocurrencies.
Author Bio: Blair Thomas has been a music producer, bouncer, screenwriter and for over a decade has been the proud Co-Founder of eMerchantBroker, the highest-rated high risk merchant account processor in the country that can best help you with crypto payments. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favorite books.