The cryptocurrency market has been growing at an exponential pace and making a number of people very rich. But is it all about making money?
The technology underlying cryptocurrencies – called Blockchain technology – has the potential to change our lives for the better. What does the crypto world have in store for you?
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Reasons why you should get on board and invest in cryptocurrencies. Use Exodus Wallet to save your coins offline. (dedicate a pc for it, that is offline (that is you store as a cold storage) better still get a ledger nano to store your digital coins.
NB. If the crypto increases, you can then sell fast for profits.
However, a word of caution: Make sure sufficient due diligence is undertaken before investing. Cryptos can be highly volatile and they are at the stage of infancy.
Let us have a look at the 10 reasons why investing in Bitcoin is still a very good idea:
#1 High Adoption Rate
Bitcoin has the highest adoption rate as compared to the other cryptocurrencies since it has proved itself and built its credibility. Satoshi Nakamoto already put his vision forward in Bitcoin whitepaper where he is aiming it to be the new form of money. Like big e-commerce giants like Amazon and Apple are also accepting the blockchain technology slowly and gradually. South American countries such as Argentina, Chile, Colombia, Peru, and Venezuela, showed an increase in bitcoin trading volumes in the last year and now that Bitcoin price has reached the highest mark this year, the adoption rate is multiplying exponentially. Buy Bitcoin & other Digital Assets Here
#2 Big Names Showcasing Optimism
Big shots like John McAfee, has constantly stood by Bitcoin and never gave up hope. Even Sonny Singh, the Chief Commercial Officer at Bitpay has expected quite a rise for Bitcoin in 2019. Tom Lee, ex-strategist of JP Morgan and co-founder of Fundstrat also carry an optimistic view for Bitcoin. Mike Novogratz, the founder of Galaxy Digital believes Bitcoin might reach 10,000 USD in the first half of 2019. Even Chinese crypto enthusiast like Bobby Lee, CEO of BTCC has high hopes for Bitcoin. There are so many big names involved in Bitcoin’s high aspiration. Even the Winklevoss twins have invested so much of their time fighting for Bitcoin ETF. Buy Bitcoin & other Digital Assets Here
#3 Beginning of Bull Run- Invest Now and Earn Double The Current Price
As we know it is just the starting of the crypto bull run, started with Bitcoin’s high liquidity, this is the perfect time for investing in it. Whether a beginner or a daily trader, investing in Bitcoin is the best thing to do right now if you are looking for a big ROI, as you can start with minimum bitcoin investment, also. There have been questions revolving around should you invest in Bitcoin in 2019. If you have analyzed the 5 year price graph, you can understand Bitcoin will reign for the longest time you can ever imagine. Don’t let yourself regret the decision of not investing in the future. Buy Bitcoin & other Digital Assets Here
#4 Decentralized Payment System
You are the owner of your transactions. No middle party or banks are involved who will monitor or keep a constant track of your payment whereabouts. You have your respective wallets where you can instantly deposit or withdraw money, 24/7. This way you can trade and take your own decisions based on the market ups and downs. In this way, transparency is maintained. Buy Bitcoin & other Digital Assets Here
#5 Fastest Transaction- Thanks to The Lightning Network
The Bitcoin blockchain and the lightning network can create a better and a far more complimentary payment system than anything else like VISA, as it comes with faster transactions with low fees and unparalleled technical security. People will be able to send a bitcoin transaction to each other using the lightning network. The transaction details will be recorded on the Bitcoin blockchain. In this way, the users will benefit from the security and longevity of the BTC blockchain and will be able to send and receive money faster. Buy Bitcoin & other Digital Assets Here
#6 Regular Development in The Technology
As we know Bitcoin is not static, we must also know that the Bitcoin developers are continuously working on the development of the Bitcoin network so that its scalability can be boosted and privacy enhancing features can be added. The lightning network was one of the major innovations followed by hard forks which lead to breaking of sub hard forks. For instance, Bitcoin’s hard fork is Bitcoin Cash, which recently forked out to BCH SV and BCH ABC. These kind of innovations are steps to make sure that Bitcoin is never losing. Buy Bitcoin & other Digital Assets Here
#7 Bitcoin Future is Here
A bitcoin trading and custody platform, Bakkt, was introduced in 2019, after consecutive delays.Bakkt’s intent is to act as its own custody warehouse which appears to have raised other issues. Bakkt is trying to gain approval as a third-party warehouse similarly to a silo where it’s being controlled by the requirements put in place by the exchange, by ICE’s regulated entities. Buy Bitcoin & other Digital Assets Here
#8 Room For Institutional Investors
We have already entered the phase where Bitcoin exchanges are becoming regulated and embarking on the arrival of Bitcoin-based securities, which started with GBTC Bitcoin investment, followed by ETN Bitcoin Tracker one (NASDAQ) and obviously the very recent BTC futures at Cboe and CME. The upcoming approval of Bitcoin ETF would not only allow large institutional investors to enter the market but also opens gates for the masses. Bitcoin-based securities are most likely to get approved by regulators and thus become part of institutional investments and offerings.
#9 Bitcoin is Scarce But The Demand is High
Since Bitcoin is the most popular and the largest cryptocurrency in the market, its demand is very high. But the very critical problem is that there are only 21 million bitcoins, and out of that 18 million has already been mined. So we are left with 3 million only, which is replenishing sooner than expected. Hence, it is wise to invest in Bitcoin. As the demand increases, the value also will increase, which might give you a fairly good amount of return in the years to come. As the complexity of Bitcoin block solving becomes difficult, the miner rewards will become lesser with time. You can even invest in Bitcoin mining, which can be also a part of bitcoin investment strategy. Buy Bitcoin & other Digital Assets Here
#10 Be Part of This Revolution
You must be part of this epic revolution, which will make you proud in the years to come as the ROI will not only make you wealthy but also would lead to more open streams of revenue. When you are aware of the market trends, you might know why now is the best time to step up. As you might have observed that it is Bitcoin that drive the market sentiment, you might have noticed whenever Bitcoin price surges, the other major altcoins mostly follow the run. So, embrace the change, which is for the better. Buy Bitcoin & other Digital Assets Here
Once you know how Bitcoin works and how fruitful it will be in the near future, you must know that investing in Bitcoin is completely protected. Buying Bitcoin will not only offer greater liquidity but enable anyone to make international transactions in a hassle-free way. Also with zero inflation risks, as Bitcoin will always remain infinite with a number which is approximately 21 million. This will be beneficial for both the buyer and the seller. So exchange and store cryptocurrencies with relief as Bitcoin wallet transactions are always signed by genuine digital signature after which it finds its position in a blockchain. uy Bitcoin & other Digital Assets Here