Our world is not a very happy place, nor is it known for its stability. Even the rich and famous have to do with price volatility, sudden economic shocks, multiple crises in economies and financial markets, and even twists of fate that can turn a thriving business on its head in a matter of hours. This makes it difficult for people to select a venue that would ensure them a stable and guaranteed income capable of securing a good future for them and their children, as well as a comfortable level of life.
The choices presented before people in this regard are quite limited, since the economy itself is a black box bound by rules, regulations and a great number of written and unwritten laws that limit human opportunities and earning potential. Among the latter laws are what one would call unfairness – many of the instruments that can allow one to make a good living have very high entry thresholds and are therefore accessible only to the rich. This factor instantly limits the circle of potential entrants into a great number of industries, like trading, stock exchanges, bonds, high-tech business, and many others.
Such a sad reality considerably narrows down the opportunities available to average people and leaves them to languish in the embrace of office jobs. The latter cannot guarantee a high level of income and other unwritten laws come into play to limit career advancement opportunities for many. Talent and skills often mean little if personal ties and brown nosing play a role in climbing up the career ladder.
With such realities, there is only one industry that still allows people to earn returns depending entirely on their own skills and willingness to start acting. The cryptocurrency industry allows people to enter the market with low entry thresholds and earn on a wide variety of instruments.
Going Crypto
Cryptocurrency space is known for its volatility, which is often regarded as a huge disadvantage. However, those who understand economics and know the value of trading can instantly appreciate the huge benefits that price instability for assets can offer. Among the advantages are:
- Quick price changes;
- High rate of market dynamics;
- Earning opportunities.
Volatility opens up many avenues for earning, including through the use of such trading instruments as scalping, spot trading, futures trading, arbitrage trading, automating trading, and a plethora of others. Combined, these instruments allow users to buy Ethereum and other cryptocurrencies at lower prices and then sell at higher prices thanks to volatility. ETH is notoriously more volatile than Bitcoin, largely because of its higher rate of applicability in various decentralized applications.
As such, the cryptocurrency industry opens up vast opportunities before users, allowing them to invest relatively small amounts to rake in higher profits. The initial capital needed to enter the cryptocurrency market is laughable compared to the traditional industry, which will require millions to even start trading.
