Investing in digital currencies is a decentralized currency (not tied to a central bank), the value of which has increased significantly in recent years after the birth of the world's first cryptocurrency, bitcoin (BTC), in 2008. Especially during the corona epidemic, cryptocurrencies and methods pushed bitcoin to reach its highest value against the dollar at $70,000 per bitcoin, but bitcoin has recently declined in months and weeks before reaching 23,000 and 583 per bitcoin as of this writing.
Among the cryptocurrencies in circulation after Bitcoin are "Ethereum, Ripple, US Dollar Coin, Tether ...".
The reason why the value of cryptocurrencies, especially bitcoin, has risen against the US dollar is that many investors have resorted to buying cryptocurrencies, waiting for their market value to rise, and then selling them again. Or the purchase of real estate, cars and other assets with such currency or otherwise.
There is no central bank that follows these currencies.
- To date, there are no laws protecting investors, because this type of currency does not belong to a specific regulatory agency or department.
Cryptocurrency trading is similar to gambling, but although huge profits can be made in a short time, this Sunday can collapse at any moment without warning and the investor loses everything he owns.
Cryptocurrency is a kind of temporary investment, it can collapse at any time, and its future is completely unknown.
From another investment point of view, Turkey is considered one of the most important investment countries in the world, and this importance is due to Turkey's geographical location, the development of the real estate market, contracting and construction activities, and real estate investments are classified as long-term investments, and their number is classified as long-term investments. it did not bear fruit for months. But it requires a period of 3 to 8 years.
It is possible to invest in existing real estate or real estate under construction, investing by renting or reselling is one of the investment methods, and it is necessary to have more than one real estate investment.
Investing in cryptocurrencies can provide high returns in weeks or months, but it represents a huge risk for capital as a result of various political, economic and social factors, as is the case with real estate, which is a fixed investment in real estate. real estate, which is the least risky type due to the price, remains stable (i.e. from the loss of investment) or rises over time, and it is the success of this investment that is a rare option. Due to the error of investing in venture capital, the value of the property will decrease slightly, but the property will not lose its full value.
Therefore, real estate investment is the best type of investment to protect your capital from possible risks now or in the future.