Will the cryptocurrency industry continue to grow? Ian King, a well known investment guru, believes that it will. He thinks that there is just so much room for growth. You will understand that, Ian King says, if you look at the statistics regarding the ownership rate of Bitcoin and other cryptocurrencies.
First of all, three fifths of all Americans have heard about Bitcoin. However, only one out of forty Americans actually owns any cryptocurrencies. What can be the reason for this?
The answer, says Ian King, is that the crypto market has not yet entered the mainstream. Most people are still investing in regular stocks. However, although forty percent of Americans own stocks, most people do not know the first thing about investing in the crypto market. Follow Ian King at stocktwits.com.
Even a lot of people who do own Bitcoin or other similar currencies know close to nothing about how the transactions actually work. However, most people who do not own Bitcoin know even less about how to do the basics like getting started, setting up a wallet, making some trades, making a profit, how to track ups and downs, and so on.
The reality, however, is that a lot more people are learning about cryptocurrencies. You see, people did not understand the internet when it first came out either. Most people did not understand computers when it first came out. This is the same thing. Most people do not understand cryptocurrencies, but over time, more and more people will get the hang of it. Colleges and universities are now starting to offer classes in cryptocurrencies. More and more books are being written about the subject. Ian King is releasing an educational course about cryptocurrencies himself in the near future.
It is also becoming a lot easier for people to start as well. Nobody has to go through various hoops anymore in order to make trades or purchase some cryptocurrencies. All they have to do is open up an account with Coinbase or a similar program, and they can do that by simply downloading the app and doing it from their mobile phones. Now, in addition, there is also Robinhood, which has introduced an option for cryptocurrency purchases without the need to pay any commissions. It is getting easier and easier to start trading cryptocurrencies. All you have to do is have the desire for it. Visit: https://www.dailyforexreport.com/ian-king-introduces-the-cryptocorns/