Cryptocurrency Trading

How Can a Buy & Sell Cryptocurrency Platform Help Make Money Amidst Covid-19 Pandemic?

Managing your money amid the COVID-19 pandemic can be challenging, especially when it is having a huge impact on the global economy. Millions of people are uncertain about their jobs, monthly salary, debts, daily expenses, retirement, and cash savings. Although the situation of each individual and family is different, the broad issue is the same; concern about finances.

Coronavirus has drastically affected the entire financial market. Even the crypto industry could not escape from this dreadful pandemic. If we look at some of the previous stats, we will find that the price of Bitcoin fell from $10,500 to $4,679. Right after the sudden decline in the BTC price, numerous people had an increased interest in buying BTC. Luckily, the market has started recovering again, and, at the time of writing, BTC is valued at $9,110.

So, according to me, this is the high time to invest in the best buy & sell cryptocurrency platform and gain huge profit to secure your financial condition in this outbreak.

Furthermore, countries like India, USA, and Venezuela have also become receptive to cryptocurrency. Initially, these countries were against the adoption of crypto but are now legally embracing it. As per a recent survey, the popularity of cryptocurrencies is rapidly growing across the world. People are taking more interest to trade digital currencies. Moreover, Zimbabwe’s government appears to be interested in legalizing digital currency to improve its financial status.

So, if you also want to thrive in the crypto market, especially during the current financial crises, here are some of the best cryptocurrencies to invest in July 2020.

Bitcoin (BTC)

Bitcoin still retains its position as the most popular and profitable digital asset.

Although this major cryptocurrency suffered a temporary setback when its price dropped in mid-February from $10,000 to $4,000 in mid-March, fortunately, it has managed to retain its price and came back to $9,110.

BTC seems to have a natural tendency to spike up whenever it bottoms out. Thus, it is expected that the coin will live up to its reputation once again in the coming months, making it the top investment option in July 2020.

Ethereum (ETH)

ETH has always maintained its position as another best digital coin for investors. At the time of writing, the price of the ETH is $232. Analysts predicted that it is not going to remain at this level for long, expecting the coin to see another uptrend sooner than later.

To Sum Up
Over the past few years, the crypto trading market has experienced numerous ups and downs. For that, when choosing which crypto to invest in, it is always crucial to stay up-to-date with the latest news, market trends, technical analysis, and expert reviews. There is another imperative factor to consider- choose the best P2P crypto trading platform that is secure, reliable, and user-friendly. If you are looking for one such trading platform, Shiftal is simply a superb platform to buy the aforementioned cryptocurrencies at the guaranteed fair price.

Register Today To Get The Most Out Of Your BTC & ETH!

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