Until recently, gold, silver and others were widespread storage media. A lot of people trusted metal more than a currency like the euro or the dollar because the metals are in finished quantities. Because of this, they will hardly lose their value, unlike fiat coins that are "printed" at will and do not have any impact. Problems with gold and metals in general are multiple: It is difficult to store. If we keep gold, we need a place to store them safely. It is not easy to exchange. In our times it is impossible to pay gold for our transactions and let alone when transactions are made electronically. Bitcoin and cryptographic transactions, in addition to trading systems, enable us to store value in them. And it is a value that we can do at all times to exchange it, which is unprecedented for those who are accustomed to the idea of precious medals. Encryption shares some of the positive characteristics of metals, but they do not have their negatives. Especially: Every hidden number has (usually) a certain number of total currencies to be created. Coin making is done in a predetermined way and not at will as in fiat coins. The value we store in a collapsible currency is directly "exchangeable" and even Online. They can be divided into multiple subdivisions (typically 8 decimal places or more). It is extremely simple to store them. Their storage can and should be password protected. We can have backups. These reasons make the cryptomas an expectation of storing value in them. Moreover, because their value is determined solely by the law of supply and demand, the more people will discover their strengths, the demand will increase and hence their value.
It is clear that cryptocurrencies can and are already used for investment purposes, as long as we adhere to some very basic rules. We never invest more than we can to lose We have to work with a plan, not impulsively, or to follow the crowd Feeling is the worst enemy of an investor We are informed from many different sources before investing If something looks too good to be true, we look for it even more We always control our encryption - We never leave large amounts in bureaus or third-party services We take care of the security of our computing systems We keep a password file as well as notes Backup - Backup - Backup and ... Backup!
