Fiat currency value decreases with time; because of high inflation rate slowly your hard earned money value will diminish. Traditional currencies have that risk of losing value with time; cryptocurrencies, on the other hand, is safe from inflation. A dollar or any fiat currency an individual has today will suffer because of inflation, eventually, at some point, it will worth pennies. What will happen then? Cryptos will remain for years and it will secure your wealth from inflation.
Cryptocurrencies have just taken-off; its demand will never decrease mainly because of its financial freedom and advantage over traditional currencies. Digital currencies meet core human need and as its supply is limited, this creates the right cycle. As cryptocurrency adoption increase user’s freedom, it, in turn, increases the value of cryptocurrencies because of limited supply. With time cryptocurrency price increase will drive awareness among today’s generation to the network and the liberty which it brings for crypto users creates a whole loop as this cycle continues. In many places crypto trading is a trend and its craze is catching up in new cities.
Critics from every corner of the globe can now argue that cryptos are not at all a good choice to store value because of its high volatility. After all, everyone is aware of how a crypto price fluctuates in a day; it can fall massively and get back on track in no time. But one needs to see this volatility alongside security and freedom. With traditional currencies can you get such freedom and security? Every fiat currency user has that risk of confiscation or censorship, more importantly, you always have that chance to lose all your wealth in no time. In recent times crypto trading is becoming hugely popular among today’s generation; it’s the best option to secure wealth for future.