What Is a Good Cryptocurrency to Buy?

What is cryptocurrency

Cryptocurrencies have become very popular over the world from the past few years. However, the concept of cryptocurrencies is considered geeky and it not understood by most of the people, some people don’t even understand the basics of it. It is a digital currency and it is designed to act as a medium of exchange. In simple words, Cryptocurrencies are the database entries that no one can change unless a few conditions are applied or met.

ICO stats on cryptocurrencies

You can check out the states of the different cryptocurrencies from their site. They provide the information about the Market cap, Price, information about the daily, weekly and monthly states about currencies and details of the profit. You can check out then and compare different digital currencies.

These states will help you to make an informed decision about the investment.

Digital currencies have become very popular and they are growing rapidly. Some famous companies have claimed that these digital currencies will become more popular in the next 10 years. They can be a good place to invest your money.

Why invest in cryptocurrency?

Cryptocurrency has many benefits and advantages. Most of the banks and companies have researched on it. Various research papers have been published about the cryptocurrency. Here is the list of the major benefits of the cryptocurrency.

  • Scarcity
  • Decentralization
  • Privacy
  • Lower fees
  • Access to everyone
  • Recognition at the universal level

What are the best cryptocurrencies to invest your money?

Here are some options, if you are thinking to invest in cryptocurrency but don’t know which one to choose, because there are so many choices out there. You can see the important details about the famous and top cryptocurrencies and then you can invest your money in the one that is suitable according to your requirements.

BITCOIN cash (BCH)

Bitcoin was the first cryptocurrency and so far it is the most famous and popular one too. Ability to handle volatility is considered an attraction for investors when it comes to digital currencies. Bitcoins provide this facility and handle it far better as compared to other average currencies that are available.

Liquidity is a big challenge in cryptocurrencies, Bitcoin is the most famous and used cryptocurrency that’s why it is easy and to liquidate bitcoin currency. The competition in cryptocurrency is increasing but still, bitcoin has high chances and rate of the growth.

Ethereum (ETH)

Ethereum (ETH) was created in 2015 and it has grown and got popular very quickly. Many international companies are discussing the Ethereum (ETH) project and showing interest in it. Many famous companies in the world are designing business-ready versions of their software that drives Ethereum. These companies include Intel, Chase, and Microsoft etc. This cryptocurrency has a good growth rate and can be a good option if you are thinking to invest in cryptocurrencies.

Some other popular cryptocurrencies are

  • Zcash (ZEC)
  • Dash (DASH)
  • Ripple (XRP)
  • Monero (XMR)

The Cost of Selling without an Inside Sales Agent (ISA)

Making a decision to hire an inside sales agent is beneficial. When it comes to increasing revenue for your business, an inside sales agent is important. Lead enrichment will boost your sales when you have an idea for your customers. Some people have not employed an ISA. This has negative effects on the company. In one way or another, you are not maximizing your potential. The profits will not come in without an ISA. This will also mean that customers will not have a direct link with someone they know.

Here is the cost of not hiring an inside sales agent.

  1. Time wastage when traveling

Without an ISA, it means you have to travel to meet potential clients. You will traverse from place to place. This is time-consuming. Meeting them face to face might also involve lengthy discussions. By the time you are done with the first client, you have only 4 hours to see others. This might even mean not seeing others. This will make you spend a lot of time with only a handful of them.

  1. The high cost of traveling

The means of transport will be high, even if you will be meeting two customers. You will need to pay for accommodation. Food and drinks will require money too. The costs incurred could have been used to develop something new in the business. You might spend up to 3,000 dollars for the traveling budget. If you decide to send more than two people, the cost will be even higher.

  1. A small number of new customers

When you have to reach out to clients on a meet and greet basis, you might not get many of them. The number of people you get is minimal. When you compare with digital sales, the inside sales agent will reach out to many people. Technology has made things easier and helped to cut on costs. Hence, without an ISA, things will be difficult in getting new customers. The number of new contacts will be low. Establishing permanent relationships is also a challenge.

  1. Less revenue

Few customers will not add profits to your business. When you don’t have an inside sales agent, the business drags. You will not have any new transactions. The transactions per customer will be few. On the other hand, when you have an ISA, he or she reaches out to many customers bringing more profits. Without one, you will lose up to $5,000 on a bad day.

  1. No organized sales structure

An inside sales agent will come with a proper structure for sales. A team will then come up with their help. They are experts and good at their job. If you don’t have one, there will be no well-structured team. Everyone will be doing their own stuff. Teamwork is important in realizing the organization’s objectives. When you don’t hire an ISA, the production will be low. Great ideas come from people sharing their ideas. If they work on their own, it means that the business becomes slow in many ways.

Conclusion

An inside sales agent will help you achieve lead enrichment. They help to reach many contacts in a short time. There are no traveling costs involved because the work is done remotely. Hiring an ISA is a great step to business success.