Cryptocurrency is a popular tool used not only for transferring assets between users but also for generating financial profit. With prudent management of digital coins, carried out with expertise, holders can secure significant income.
At Cryptonica, we understand that this can be achieved in various ways:
⦁ Engaging in speculative trades within the framework of short-term cooperation;
⦁ Making long-term investments by acquiring promising digital coins and selling them after a few years at an increased value;
⦁ Investing assets in ICOs by purchasing new tokens whose launch is planned for the near future.
These are just the main ways to profit from digital coins. However, today there is a simpler, more profitable, and stable option: partnering with Cryptonica. The essence of the partnership is very straightforward: people provide their assets to the Cryptonica liquidity pool (our company's reserves), which we use to offer users services for buying or selling cryptocurrencies through ATMs for cash. The profit, earned as a commission for such operations, is shared between Cryptonica, directed towards the development of the company, and our users. The latter can use their earnings at their discretion—either for personal purposes or to support liquidity.
We have described the essence of the partnership with Cryptonica only from the perspective of the liquidity pool, highlighting the main points. But even so, it is clear that this earning option deserves increased attention. This is confirmed by the constantly growing number of active users and the volumes of provided liquidity. More and more people want to invest in cryptocurrency to earn well from it.
But we would like to discuss another topic: what do Cryptonica users think about the future of the crypto world, dealing directly with digital assets. There are two main options. Users may not believe in the prospects of cryptocurrencies, using the money here and now while there is an opportunity to earn in this field. Or they are truly convinced of the vast potential of cryptocurrencies and strive to enter this field as early as possible to continue actively developing in it. Let’s find out what the situation really is.
What Is Happening in the Cryptocurrency World Today
Before studying our users' opinions on the future of the cryptocurrency world, let's look at the current situation in the crypto market.
The first point to note is the significant decline in cryptocurrency capitalization recently. Over the course of 2022, it has decreased by at least half.
The second point is the decrease in the value of popular cryptocurrencies, such as Bitcoin and Ethereum. This has been the result of many factors, including changes in demand for the coins, events in the global economy, politics, and other areas.
The third point is the varying government policies regarding cryptocurrencies. In some countries, digital assets are already legalized, and operations with them are permitted. In other countries, on the contrary, mining is banned, the status of cryptocurrencies is undefined, or they are considered tools for fraud.
The fourth point is the shallow, variable, and poorly regulated cryptocurrency market. There is a high concentration of market power among major players and inexperienced users, contributing to market manipulation and its sensitivity to external factors and news.
And one more important point – the availability of buying and selling cryptocurrencies. Today, conducting transactions with digital assets has become significantly easier than a few years ago, largely due to the installation of a large number of crypto ATMs in various countries around the world and their efficient servicing, including by our company, Cryptonica. With such machines, it is easy and quick to buy and sell cryptocurrency, taking about 60-120 seconds per transaction. Of course, there are other ways to exchange assets, such as crypto exchanges, electronic exchangers, and P2P platforms, but crypto ATMs continue to gain popularity due to the security of transactions conducted through them.
This is how the situation in the cryptocurrency world can be characterized today. In some aspects, it is not encouraging, while in others – it is promising. Now let's find out what the users of Cryptonica think about the future of the cryptocurrency world.
Opinions of Cryptonica Users on the Future of the Cryptocurrency World
Despite the decrease in digital asset capitalization and the drop in value of some coins, the overwhelming majority of our users are confident that the cryptocurrency world will continue to expand and develop in the future, reaching new heights. Cryptonica users who participated in the survey explain this very simply:
⦁ The decrease in cryptocurrency capitalization is a temporary phenomenon. Users recall a similar situation in 2018 when the cryptocurrency market capitalization shrank eightfold. But by 2021, it broke all previous records. Therefore, they do not consider this a serious cause for concern.
⦁ The decline in the value of popular cryptocurrencies is temporary. It also does not scare the respondents. On the contrary, they see this situation as an excellent opportunity to acquire assets of interest and profit from their appreciation in the future.
⦁ The policies of different states regarding cryptocurrencies are a temporary phenomenon. All countries that want to develop actively will eventually legalize cryptocurrency, as it is an excellent way to improve the economic situation.
⦁ The weak regulation of the cryptocurrency market is not a serious problem. Even under such circumstances, it is possible to work with digital assets and earn money. The more countries legalize cryptocurrency, the more stable the market will become.
⦁ Over time, the number of cryptocurrency transactions will significantly increase. This is due to the high speed and convenience of such transfers. This situation will make digital assets even more popular.
⦁ The expansion of the network of crypto ATMs will make digital coins accessible to the maximum number of people. This will also spur even more active development of the cryptocurrency world.
In conclusion, the users of our company are fully convinced that the cryptocurrency world has a great future. This direction pertains to modern technologies capable of simplifying the resolution of a certain range of tasks for people. Users emphasize the simplicity and speed of transfers made to various parts of the world with minimal fees. Moreover, it is a very profitable field. Therefore, our investors confidently continue their activities in this area, not doubting its prospects.