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Cryptocurrency market can still give better gains to investors

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  • the cryptocurrency market has can still provide the potential to multiply the funds of users
  • Observing the potential of digital currencies, Alexander Althausen expects the crypto market to give more than 1000 folds profit
  • With the growing blockchain and crypto industry, the price of Bitcoin will also continue to surge higher

Cryptocurrency market has been performing tremendously with offering more gains than the stock market. Following the hype, many want to dive into the need to invest and earn high profits in such volatile markets. Many have still never engaged with financial markets previously but desire to invest in the crypto market. But the main concern is whether it’s too late to invest in the market. Many are skeptical regarding the future of Bitcoins and other altcoins and how far the prices will surge.

Cryptocurrency market can still provide potential returns

In a recent interview Alexander Althausen, the CEO of StormGain discussed the market’s potential with BeInCrypto. According to Athausen, digital currencies are still in their infancy, and it is not too late. Moreover, the market is getting more comprehensive and will soon be added as a part of everyone’s daily life. Indeed, observing the current scenario, it seems it is the actual time to get ahead of the game.

Althausen also explained that if the user starts working with cryptocurrency now, he will have the probability of earning huge sums. Hence, working with cryptocurrency is a great chance to lay the foundation for the future.

Will the future of Bitcoin remain positive?

According to Althausen, the increasing influence of cryptocurrency in the world is obvious. Price hike and mining complexity are increasingly attracting more individuals to the market. On the other side, everyone globally is trying to find new uses of blockchain technology. However, following the current scenario, it is clear that with soaring industry, Bitcoin will also grow by 1000x.

Also, predicting anything is difficult, but the price will surely rise in the longer time frame. Althausen also expects that after five years, the price of BTC will achieve $1,50,000.

What will be the future of cryptocurrencies?

In the current scenario, we can witness that cryptocurrency trading volumes are soaring. And the total market of all the cryptocurrencies has achieved new all-time highs. Alone, Bitcoin’s market capitalization has achieved the level of $1.1 trillion. Notably, only one in a thousand individuals are having virtual currencies now. Following that, the crypto market development potential is enormous, and the prices will get increased by 1000x.

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