If an investor believes in the technology-backed digital currency, then cryptocurrency should be his cup of tea. Just a decade-old asset class, it has yielded astronomical returns over the years. Some investors look to use these digitally coded tokens to hedge against inflation. Despite high volatility and speculations, there are multiple reasons that they can become mainstream in the coming future.
“We’ve seen a tremendous amount of inflow of attention, and that’s going to continue to drive the growth of the industry for a while now,” says Abner.

So, if you’d like to begin trading cryptocurrency today, we’d recommend using eToro. Although eToro doesn’t currently offer Safemoon, the platform does provide a massive selection of alternative cryptos to invest in. What’s more, all investments are commission-free, meaning you save large amounts of money in the long term.
New short-term investors who are selling their holdings in reaction to the drop may be influencing the continued dip in Bitcoin’s value, according to a recent report from Glassnode Insights, a blockchain analysis firm.