Abhinil Agarwal

A Web3 Engineer who has developed countless innovative solutions.

Abhinil Agarwal

A Web3 Engineer who has developed countless innovative solutions.

Abhinil Agarwal

A Web3 Engineer who has developed countless innovative solutions.

Feb 13, 2022

6min read

Cryptocurrency Is Still the Investment Opportunity of the Decade

An introductory manual for newcomers looking to venture into cryptocurrency investment in the year 2024.


As we approach 2024, eager crypto enthusiasts are anticipating the upcoming BULL run in 2024-2025. I’ve composed this article to ensure you have a chance to seize the opportunity without the risk of getting trapped in the bubble.

This article highlights the investment opportunity in the cryptocurrency domain and will explain

  • Why Crypto investments are a smart decision

    • Market

    • Bitcoin

  • How to Invest in Crypto

    • Investment Amount

    • Selecting Assets

    • Entry and Exit

  • Understanding differences between

    • Wallets and Custodians

    • Centralized Vs Decentralised Exchanges

    • Products that I use

  • Final Thoughts

    • scams

    • Get Educated about money

    • Summary

Why Invest in Cryptocurrencies?

Long Answer:

Market

The global cryptocurrency market cap today is a whooping $1.85 Trillion, where Bitcoin (BTC) and Ethereum (ETH) account for nearly 49.7% and 16.1% respectively, reaching nearly $1.2 Trillion in Market Cap.

Market Overview - CoinGecko

CoinGecko boasts a registry of 12,665 coins, while CoinMarketCap records an extensive 2.2 million plus coins. With this ever-growing ecosystem of coins, investors can easily get confused and miss out on valuable, and potentially life-changing, assets.

Cryptocurrencies other than Bitcoin, are generally referred to as “Altcoins”.

Some popular altcoins include Ethereum, BNB, Tether, Solana, XRP, USDC, Cardano, Avalanche, Dogecoin, Chainlink, Tron, etc.

Investing seems a challenging task at this point, but it’s pretty simple actually.
Bitcoin is the father of Cryptocurrencies and the entire Crypto market Follows the Bitcoin Trail.

LET'S WORK
TOGETHER

LET'S WORK
TOGETHER

LET'S WORK
TOGETHER