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Vadym Kurylovych’s Advises Teens To Invest In Crypto Assets

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Vadym Kurylovych’s Advises Teens To Invest In Crypto Assets

February 27
21:22 2019

Vadym Kurylovych is the CEO, Founder at Stex.com, a cryptocurrency trading exchange and a serial entrepreneur. He advises teenagers to invest in crypto markets which represent the next technological and financial revolution.
Vadym Kurylovych is the CEO, Founder at Stex.com, a cryptocurrency trading exchange and a serial entrepreneur. He advises teenagers to invest in crypto markets which represent the next technological and financial revolution.

Do you know what is the most common thing amongst all self-made millionaires? The answer is they all believe in the idea of investing. In different studies that have been conducted over time, most of them have admitted that they started investing in their teens. Starting early gives a headstart and lets compound interest, the most attributed factor behind investing success show its magic.

Making the right investments decisions is always tough and especially for teenagers for who are uninitiated to the complexities of investments. Vadym Kurylovych, CEO & Founder of STEX and a serial entrepreneur has shared his best investments tips for youngsters on investing in the cryptocurrency markets.

Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central authority. Since the first cryptocurrency Bitcoin that was created in 2009, today there are several crypto assets that one can invest in. Some of them are representative of the equity value of their platforms, while others just help perform transactions acting as utility tokens on their designated platforms.

Vadym Kurylovych encourages teenagers to venture into investing in crypto assets as they have performed better than any other asset class in terms of returns on investments (ROI) in recent years. As indicated by Vadym, the wide optimism about blockchain is going to further fuel the growth of cryptocurrencies in the time to come.

He said equity markets might look like a good investment avenue on the surface but considering the risk and return component cryptocurrencies should be the choice. He further advises beginning with stable cryptocurrencies like bitcoin and ethereum as these coins are less volatile and have higher adoption. The crypto markets hit their till date peak in late 2017 when Bitcoin touched USD 20000 but have seen a wide decline in prices owing to Fear, Uncertainty, and Doubt (FUD).

As clearly stated by many experts who watch the crypto markets, the next major bull run might see major currencies touch higher levels that of 2017 as more people will enter into the market. Since most of the cryptocurrencies have a defined number that can exist, the demand will be ahead of supply.

Vadym doesn’t recommend trading to the novice as a considerable understanding of the market is required to book profits in short term trades. He advocates the concept of value investing i.e holding over long periods of time in crypto assets which have a definitive use case and strong community support. He urges to always conduct due diligence and DO YOUR OWN RESEARCH (DYOR) before making any investment decisions.

As per him, teenagers have the great advantage of time and the earlier they start, the higher returns they can achieve through compounding. Regardless of the investment decisions that youngsters make, Vadym stresses the significance of diversifying their portfolio.

Media Contact
Company Name: STEX
Contact Person: Harper Scott
Email: Send Email
Country: Australia
Website: www.stex.com