Advantages of investing in polygon (MATIC)

And in addition to keeping an eye on the financial return of crypto, there are some points that can make investing in digital currency interesting. Therefore, being faster and more economical than ethereum, polygon (MATIC) can attract more investors as demand for the main network grows, says Demaman.

Another point that benefits investment in virtual currency is that the Polygon platform facilitates interoperability (production of protocols, technologies, mechanisms, among other standards that allow data to circulate through the tool without intervention) between networks. This allows different platforms to share information efficiently.

“In addition, polygon (MATIC) is a friendly environment for developers and has the potential to popularize its use”, comments the research leader. And this, of course, can shine a light on investors’ eyes.

Risks of investing in digital currency

And as is to be expected, investing part of your assets in cryptocurrency also has disadvantages. Check out, then, three risks of investing in polygon (MATIC).

Competition from other projects: after all, there are hundreds of other solutions on the market that seek to solve the same problems. “As it is a new and dynamic market, it is important to monitor changes that could make polygon (MATIC) lose relevance, mentions Taiamã Demaman.

Changes in the macroeconomic scenario: economic prospects, especially in large countries like the United States, directly influence the price of cryptocurrencies. And in recent years, there has been a strong correlation between traditional markets and virtual currencies. Therefore, negative outlooks can have equally bad impacts on riskier assets, including cryptos.

Regulatory scenario: in 2023, several countries and regions on the planet have advanced their regulations. Despite this, many definitions still need to be made. Which keeps some regulatory risks open for certain asset classes, explains the expert