The crypto revolution has really taken off in the last few years. As the stunning success of Bitcoin has been followed by the likes of Ethereum, Litecoin and Dash, more and more people have started taking an interest in these currencies. Those who work from home are ideally situated to get involved in this exciting new type of investment. Read on to find out why this is the case and how should you proceed if you plan to invest in digital coins?
Who is the Typical Crypto Investor?
First of all, who exactly is it that is taking advantage of the current boom? A report by SurveyMonkey and the Global Blockchain Business Council confirmed that 71% of Bitcoin owners are men, while 58% are between the ages of 18 and 34.
The appearance on the scene of numerous ICOs and new cryptocurrencies has diversified the market, though. Investors in these coins may be cryptocurrency enthusiasts, tech-savvy investors or just people looking for a good way to make money.
This means that the profile of typical crypto investors is becoming less narrow over time. In the case of new coins and those launched with ICOs, the sheer volume and diversity of them is incredible. This means that anyone from any sort of background is likely to find something that matches their interests. And due to the boom in blockchain technology especially in the business sector using blockchain for automotive industry has got people from around the world under one single ledger making it easy to track all the aspects including the shipments in automotive parts to the smallest of bitcoin transaction.
Do Research Online
A big part of the secret to good crypto investing is in the research that you do before then moving quickly. Not everyone is able to do this though, which leads to poor decisions or missing out on the perfect moment to make a move.
Home working parents are ideally positioned if they work online during the day. This is a great way of staying up to date with news, blogs, videos and anything else that could inform you on what investments to make.
Will Bitcoin continue the upward trend that has seen it increase in value by over 10 million per cent since it was launched? Or are there other digital currencies that are going to take over and become the new taking points of this industry? For example, there is the fast, cutting-edge NEO blockchain. By taking a few minutes to find out about their impressive developer resources, and how the network can run up to 10,000 transactions per second you can decide whether you think that NEO is worth investing in.
Join an ICO Team to Earn Coins
Another possibility is that you may look to earn coins by joining an ICO team. These are the people that create and market new ecosystems that use their own tokens. They will typically share out a large number of coins among themselves, meaning that everyone involved benefits from the success they achieve.
If you have skills that could come in useful to an ICO then you could look to join one of the teams. As well as developers, they also tend to look for marketing experts, white paper writers and community managers.
Considering the multiple different ways to get involved with cryptocurrencies, it is no wonder they are so popular. You might think that you are too busy to do this, but it only takes a few minutes each day to get you started.