Unless you’ve been living under a rock for the past decade or so, you must have heard of cryptocurrency. It is one of the biggest financial topics globally, and everyone keeps talking about it. Experts say that the subjective nature of virtual money has helped it gain such traction. Those heavy words mean that cryptocurrency offers a chance for us to have full control over our funds, no centralized authorities necessary. Decentralized finance brought forth by crypto offers relaxed regulations too, which means you can do crypto trading worldwide and have a crypto lifestyle while being anonymous.
You may have noticed that online forums and discussion groups often talk about whether this is the right time for crypto assets to become part of our everyday lives. So, is it really possible to live an all-crypto lifestyle?
Crypto Investments as Part of Everyday Finance
Crypto trading has become a major source of income for many globally. The crypto market may be pretty volatile, but it offers investors huge returns. For example, ETH was launched in August 2015, and it has already made quite a few early investors super rich. In fact, in 2021, it reached the heights of nearly $4800 in just 7 years.
Those doing crypto trading have made profits multiple folds through ETH and BTC, and several other cryptocurrencies, like ADA, MATIC, and SHIBA INU, have given great returns to their investors in little time. So you can earn great returns through crypto trading, all you need to do is do some proper research about different cryptocurrencies.
Moreover, online shopping is another sector aiming to bring the crypto lifestyle to daily use. Many online retailers like NewEgg, Shopify, Amazon (through Purse.io), etc., have already started to accept cryptocurrency as a payment option. Some US supermarkets have also started accepting crypto payments as they allow for lesser transactional charges, offer more security, and connect a bigger, more global group of users to retailers. So, the growing everyday reliance on crypto trading is a definite sign that the world is moving towards a crypto lifestyle.
Big Names Accepting Crypto Payments
Since cryptocurrency offers a window towards decentralized finance with faster and safer transactions, many big companies have started to accept crypto as a payment option. Microsoft made one of the biggest announcements as it started accepting BTC in 2014 through integration with Bitpay.
It’s promising that numerous influential companies from various industries now allow payments through crypto trading, which bodes well for the future of cryptocurrencies. PayPal, Starbucks, Overstock, Twitch, etc., are some of the biggest platforms that have shown inclination towards facilitating a crypto lifestyle.
Popular Crypto Gadgets to Facilitate an All-Crypto Lifestyle
Be ready for the future that cryptocurrencies will bring, by adopting crypto gadgets that would make the transition from fiat to crypto smoother for you! The latest crypto gadgets offer practical applications for everyday life. These gadgets enable users to securely manage and access their cryptocurrencies and NFTs on the go, display digital artwork in their homes, and make seamless transactions.
Further, most of these high-tech crypto gadgets make your crypto life easy with features like biometric authentication, offline storage, and intuitive interfaces!
Some of the crypto gadgets to keep your eyes peeled for would be:
- Solana Saga smartphone: The Solana Saga Android Smartphone offers the crypto curious the ultimate mobile freedom. No more interruptions or missed meetings when signing transactions. With Solana Mobile Stack, native Android web3 apps can be effortlessly downloaded and utilized. The device’s Seed Vault ensures secure and convenient crypto transaction signing.
- D’CENT Biometric Wallet: The D’CENT Biometric Multicurrency Wallet is ideal for investors with diverse crypto portfolios. It supports a wide range of digital currencies, ensuring compatibility with any cryptocurrency you own. The wallet’s integrated fingerprint reader provides top-notch security for your crypto assets. Its private key creator enables you to generate new keys without relying on external software. These extensive compatibility and advanced security features have made the D’CENT Biometric Wallet highly popular among crypto curious people.
- GRAY CORAZON Crypto Hardware Wallet: The GRAY CORAZON Crypto and Bitcoin Hardware Wallet, featuring Trezor firmware, guarantees exclusive access to your digital crypto assets. Offering top-tier protection for private crypto keys, it stands out as an excellent choice for NFTs and cryptocurrencies in the current market. This hardware wallet provides peace of mind, ensuring that only you can access your valuable cryptocurrency holdings securely.
- Tokenframe 21.5 NFT Display: The Tokenframe 21.5 NFT Display has a cutting-edge device that enables you to showcase your NFTs instantly. Compatible with Metamask and over 50 other wallets, this product ensures broad accessibility for users. You can conveniently take control of all the display’s features using the mobile application.
- OPOLO High-Security Crypto Wallet: Combining style and user-friendliness, the OPOLO High-Security Crypto Wallet offers robust protection with its EAL6+ graded security chip. Safely store your private keys confidently, as this wallet operates entirely offline, ensuring convenience and security wherever you are.
Can Crypto Be A Trusted Asset?
You may have heard about the notorious volatility of cryptocurrencies, and may be asking yourself if these virtual assets will guarantee true safety in an all-crypto lifestyle. Do remember though that market volatility exists everywhere- from precious metals like gold to the stock market to assets like real estate. Talking about the future of cryptocurrencies, cryptocurrency is significantly younger as an asset class compared to these others. However, it still has a market cap of about $963.99B at the time of writing, which is much higher than the market caps of any other similar assets in their initial years.
There are admittedly multiple risks attached to cryptocurrencies, such as cyber-attacks, market volatility, and loose regulations. However, when you consider the kind of returns crypto has given since Bitcoin was launched back in 2009, you’d see for yourself that the early investors in crypto projects with fixed goals are usually well compensated over the long term. Bitcoin and Ethereum are both quite good examples of this.
Still worried about your crypto investments? A good way to be stress-free about your crypto money is to do proper market research before crypto trading and understanding simple trading indicators.
Is It the Right Time To Switch To a Crypto lifestyle?
When you think about converting to an all-crypto lifestyle, you have to consider where our world currently stands in crypto adoption. More and more governments across the world are opening up to the concept of virtual currency, a growing number of retailers are starting to accept cryptocurrencies as payment options, and institutions spanning industries are doing transactions through crypto trading. Meanwhile, the blockchain technology tech is also finding exciting use cases outside of the crypto space.
However, if you are crypto curious, you can be one of the early movers toward the crypto life because the grass is definitely greener on the other side. If you’re still hesitant to do that, one thing is for sure: soon enough there will not be a need to perform the act of switching to a crypto lifestyle. Cryptocurrencies are going to be automatically embedded into our regular lives in the very near future.
Conclusion: an All Crypto Lifestyle is where the Future of Cryptocurrencies is Taking Us
Cryptocurrencies are leaving significant marks in every industry you can think of. Among the popular ones, ETH aims to scale and scale, and provide much faster and more secure transactions. Bitcoin, the undefeated king of the crypto world so far, aims to further evolve blockchain technology and offer a solid alternative to the centralized financial system. Similarly, other cryptocurrencies too have big goals.
Looking at all these cryptos and the ease of financial transactions they offer, it is safe to say that the world will soon accept crypto as a part of our day-to-day lives. Cryptocurrency is still a teenager, but the future of cryptocurrencies looks bright enough already!
Visit us on Millionero’s official website today if you are crypto curious and want to live a crypto lifestyle. Moreover, keep up with our platform updates by following Millionero on Instagram, Twitter, LinkedIn, and Facebook!