Is it smart to invest in crypto?

CoinsLoot
3 min readNov 16, 2020

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This is very clear that people are afraid of cryptocurrencies. Since Bitcoin was created, many people have been persuaded that, but there are still many skeptics. Obviously, some features and aspects of cryptocurrencies are used for online crime, financial fraud, or even money laundering.

How to convince people that cryptocurrencies are safe and worth the investment? It is important to build trust and show them that investment is profitable and they are able to make a lot of money on that.

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Read the article and check how we do it in CoinsLoot.

Lack of knowledge is the biggest problem because it is still a big problem to find some good sources of knowledge about crypto. Many people take advantage of the trust of inexperienced users and thus commit extortion and fraud. The only way is to teach people more about crypto and help them invest.

In CoinsLoot, we want to help new users find cryptocurrencies as a good and valuable business. The way we use it is the loot box system, which makes it more accessible and does not require a lot of experience or knowledge about the market and exchange working.

When you want to invest your money safety becomes a priority.

This is undeniably one of the reasons people fear crypto. How to change that point? Using new technologies and the best security systems is the key. Cryptocurrencies are not controlled by any central banks. People are scared of that point, but this independence is more advantageous to the blockchain system. For example, using cryptocurrencies is associated with faster transactions and very low fees compared to PayPal.

Many popular Blockchain platforms also want to help people who do not have access to bank accounts. Fiat currencies in many countries lose so much value, that they become useless, and cryptocurrency becomes the only option for those people. And there is a possibility that for a few years we abandon fiat currencies and switch to cryptocurrencies and completely resign from bank services.

As you can see, there are a lot of reasons why getting digital currencies is profitable and worth your attention, but the question is how to encourage people to buy cryptocurrency instead of other financial investments. We understand the fear of new joiners, so our idea is to make a more comfortable platform based on our own blockchain technology inspired by Loot Boxes system, which helps people get their dream cryptocurrency. The main problem of traditional exchanges is that they are just boring and as a result, they scare people away instead of attracting them. The first world platform connecting the world of crypto with loot boxes has a good chance of remedying it.

CoinsLoot is entertaining and easy, but what is more important we using the best new technology to ensure all the user’s real security with low fees. We use no loss guarantee to give you the best crypto without worrying about money loss. You invest as much as you want and get cryptocurrencies or other valuable items, which is a solution to the fears that you cannot buy real items with cryptocurrencies.

Our main goal is to change people’s opinions about blockchain technology and encourage them to like cryptocurrency. Thanks to our approach and solution that we chose to make our exchange better and different it might work. But this could be possible only with your help.

So we would like to see with on:

Telegram: t.me/CoinsLootOfficial
Youtube:
youtube.com/channel/UCr5gt5ClGYDHElS9YlyfPlQ
Twitter:
twitter.com/coinsloot
Facebook:
facebook.com/CoinsLootCompany
Instagram:
www.instagram.com/coinsloot_co
Discord:
discord.gg/zWxW29UGa3

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CoinsLoot

Are you ready for the worlds first crypto loot boxes? The most exciting and entertaining way of buying all the top cryptocurrencies.