Take your cryptocurrency further

Take your cryptocurrency further

Table of Content

The answer to financial success is not straightforward, and the only certainty with investments is that there is no certainty. In recent years the forms of finance have broadened, and gaining financial stability has become more complex.

Future Of Cryptocurrency in 2022 and Beyond | NextAdvisor with TIME

With the market being what it is today, the finance world can be split into two divisions. First, there is the fiat currency, which is centralized and controlled by banks and a country’s politics. Second, you get digital finance, known as cryptocurrency, and most recently NFTs.

The digital currency has introduced a whole new range of opportunities to people, opening the doors to a decentralized version of finance. Crypto coins not only allow for cheaper banking fees and higher security, but it has also reshaped the banking system as a whole, broadening people’s prospects of monetary gain.

The History Of Banks

The banking system is one of the oldest in history. Starting in Assyria, India, and Sumeria around 2000 BC. The first prototype bank was run by the merchants of the world, who used to loan grains to farmers and traders in return for carrying goods between cities.

As the economy grew, the operations of banks shifted to providing people with monetary loans. Therefore, allowing the general population to increase their credit standing and make larger purchases.

With more money in motion, the economy started to boom, creating more prospects for larger businesses and a more stable economy. Since then, things have evolved drastically, with digital finance coming into the picture in 2009, with Bitcoin.

The Beginning Of Cryptocurrency

Cryptocurrency all started back in 2008, with the creation of Bitcoin (BTC), by a name named Satoshi Nakamoto. In 2009 Bitcoin went live, creating a space for a new form of finance. Since then, thousands have been created, reaching the count we have in January of 2022 of 8,000.

Initially, the growth was slow, with the value of Bitcoin hovering below $1,000 till 2013, when it started to rise gradually. In October of 2017, interest began to pique, with the Bitcoin price skyrocketing to well over $5,000, followed by an even further hike in December, hitting a staggering $19,650,01.

After that, the market dipped, and many started to lose hope in cryptocurrency, but in 2020 people started to have increased fears of macroeconomic instability, which drove investors to a new division of assets, resulting in a gain in traction for cryptocurrency yet again.

As you can see the market has performed, which is part of the reason so many people have shown interest. Now with thousands of digital coins on the market, there is an option for everyone.

The Purpose Of Cryptocurrency

Cryptocurrency has changed the future of finance, and with more and more opportunities coming about, the chances to expand are great, adding to the attraction of digital coins. Initially, cryptocurrency was created to rectify the problems of traditional fiat currencies.

Cryptocurrency allows the power and responsibility to be put back in the currencies holder’s hands. Furthermore, cryptocurrency ticks all the boxes when it comes to the five basic properties and three functions of money.

What Cryptocurrency Should You Buy?

People who are still relatively new to the cryptocurrency market often find the most challenging part is knowing what cryptocurrency to invest in. With the market being what it is today, cryptocurrency has expanded the horizon of wealth, making financial gain a possibility.

Out of the 8,000 coins on the market, we all know of Bitcoin, but this is not the only cryptocurrency to invest in. There are multiple other digital coins besides Bitcoin. Here is a list of the best cryptocurrencies to invest in:

  • Litecoin
  • Dogecoin
  • Ethereum
  • Tether
  • Tron
  • Polkadot
  • Solana
  • Cardano

The interest in Bitcoin and other cryptocurrencies continues to grow, and with the amount of potential shown by the market, now is the ideal time to get involved.

Where To Spend Your Bitcoin

As the finance world has evolved, so has the potential of what one can do with their investment of Bitcoin. With cryptocurrency being entirely online, users were initially limited as to where to spend their investment, but more options came about with the market’s growth.

Recommended Read: Best Digital Wallets

Where to Spend Bitcoin Online?

  • Microsoft (MSFT)/Xbox.
  • Amazon
  • Newegg (NEGG)
  • Overstock (OSTK)
  • Shopify (SHOP)
  • Starbucks
  • Coinbase Global Inc.
  • Wikipedia

Online Entertainment With Cryptocurrency

There are many avenues of advantage that have come along with crypto, and one of the largest fields to expand is the online gambling industry, along with other forms of enjoyment. Out of all the options, crypto gambling has shown the most interest amongst players.

With lower banking fees and quicker transactions, cryptocurrency brings new possibilities to the picture. Running entirely on the blockchain system, all processes are honest, trustworthy, and efficient.

Crypto casinos are online gambling sites that have incorporated digital coins into the mix, adding more appeal to the gambling session. With the industry continually growing, professionals within the field have kept things fresh with a constant supply of games being released.

What Online Crypto Casino Should You Play At?

Out of all the options on the web, there is one that stands out from the crowd, offering high-class game options and an extensive list of accepted cryptocurrencies. This casino is known as BC.Game and it is one of the best platforms in the games, ensuring quality and trustability.

BC.Game is a unique casino that has outperformed all its competitors, coming in as the industry’s most enticing crypto casino. The appeal of the site is the diversity it provides amongst the games bonuses and accepted cryptocurrencies.

The games list is lengthy, with more than 10,000 titles on the books, including a range of specially designed BC Original games, made up of some of the industry’s most loved game titles. The game list includes games like Crash, The Doghouse Megaways, Sweet Bonanza, Plinko, etc.

For the bonuses offered, BC.Game goes all out, offering a promotion from every occasion. One of the most intriguing is the daily big wheel spins which hold no deposit requirements, awarding up to 1 free BTC daily.

Seems as tho, cryptocurrency is the main focus of this article. Here is a list of some of BC.Games accepted cryptocurrencies. The list includes Bitcoin, Ethereum, Dogecoin, Litecoin, Tether, USDC, Ripple, etc.

BC.Game is highly inviting, offering everything a crypto casino needs to keep the players coming back. Get signed up to enjoy the fun firsthand. There are many other crypto casinos on the market, but none even compare to this well-rounded online adventure.

Online Entertainment Continues to Expand

You can now take your cryptocurrency further with the option of online entertainment. Get connected and sign up to one of the many online casinos on the web to enjoy the advantages of cryptocurrency while still holding a chance to win and have fun.

Cryptocurrency isn’t all about creating financial success but rather having the ability to adjust and adapt to all market behaviors and activities. If you are new to the crypto game, we highly recommend doing your research in all the options it provides, including trading, mining, investing, and of course, online gambling.

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Written by

Alexander Sterling

Alexander Sterling

Alexander Sterling is a renowned financial writer with over 10 years in the finance sector. With a strong economics background, he simplifies complex financial topics for a wide audience. Alexander contributes to top financial platforms and is working on his first book to promote financial independence.

Reviewed By

Judith

Judith

Judith Harvey is a seasoned finance editor with over two decades of experience in the financial journalism industry. Her analytical skills and keen insight into market trends quickly made her a sought-after expert in financial reporting.