The rollercoaster of cryptocurrency prices started off on a wild ride in 2021, exceeding records previously set and abating the significant losses crypto investors had to endure ever since 2017. After its tumble at the end of 2017, Bitcoin broke records, reaching its greatest ever highs in March of 2021, topping the $62,000 mark.
And though the asset has retreated to $57,000, many analysts suggest Bitcoin can and will resume its rally with new targets set at $100,000, $150,000 and even $200,000 by year-end. Such predictions are positive signs for those seeking to invest in Bitcoin. But despite their growing pricing and limited emission, Bitcoin and other cryptocurrencies remain high-risk. Yet, investors still have a chance of multiplying their capital by relying on new solutions that can negate most of the risks involved and ensure the security of crypto investments.
A Sober Look
Bitcoin has proven to be the most volatile of all instruments ever to grace the financial market and has outstripped the value-storing capacities of gold many times over based on statistical and monetary parameters. Though Bitcoin has eased its charge to new price milestones, the prospects of its growth are still there on the technical analysis charts.
As the market mulls Bitcoin’s next moves, those who have not yet bought the asset are pondering the risks involved in making market entry. The fears of stepping into a bubble or suffering losses like in 2017 are real and are making investors, both new and existing, uneasy about whether it is time to increase their shares of portfolios with new digital assets.
But while private investors are hesitating, large companies are already working with cryptocurrencies and investing in Bitcoin. PayPal launched its Bitcoin acceptance channel in mid-2020, Elon Musk’s Tesla invested $1.5 billion in Bitcoin in early February 2021, and MasterCard has announced its decision to start accepting Bitcoin mere days later.
Given the growing levels of adoption and interest towards Bitcoin, the opportunities and channels for purchasing them are open. But those who prefer guarantees and stability have several interesting new investment products based on Bitcoin and other cryptocurrencies that can be considered.
New solutions on the market allow investors to minimize risks and ensure the safety of their crypto investments. Among such instruments is Gekkoin, which hedges risks using advanced approaches, allowing new users to enter the cryptocurrency market.
The Gekkoin Solution
Gekkoin is an investment platform consisting of a host of instruments, which include a multicurrency crypto wallet, an exchange, payment services, and investment options. All of the instruments operate based on the internal EURG token pegged to the Euro that allows users to manage cryptocurrency assets and earn profits on digital assets using financial structured products.
The integrated Gekkoin wallet gives users access to such coins as Bitcoin, Ethereum, Monero, and offers standard options like storage, exchange, and transfers. All of the ecosystem’s main functions are available through the EURG internal cryptocurrency at a fixed 1 to 1 ratio to the Euro.
The main instruments for investors offered on Gekkoin are its structured deposits that allow users to generate returns at higher rates than those offered on bank deposits. The product gives access to several strategies guaranteeing a yield of up to 4% annually. The deposit system is designed to suit any class of users with adjustable levels of risk.
The safe strategy provides guaranteed returns of 2% to 4% per annum even in terms of the falling cryptocurrency market, but users can also gain from 16% to 20% of value growth from a selected cryptocurrency.
The structured deposits maintain the original investments with loss protection, while users can adjust risk levels and receive from 20% to 25% of the increase in the value of the selected cryptocurrency in case of price changes.
Price fluctuation protection is also integrated into Gekkoin solutions and is applicable to the main strategies on offer. The balanced strategy allows users to negate any losses while retaining initial investments in case of negative price dynamics, or minimize loss to 3-5% of the portfolio, while positive price changes lead to 20-35% gains. The dynamic strategy is riskier with chances of losing 10-30% of initial investments during price drops, or grants 30-50% gains in case of price increases.
Market Outlook
The cryptocurrency market is in perpetual motion and that makes it exciting and profitable. It is never too late to experience its potential, the only question is which solution to select to minimize risks. Gekkoin offers a comprehensive approach that combines the best of the traditional financial market with the innovation of DeFi.
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