Is It Feasible To Invest In Bitcoin?

Chances are you are reading this article following the latest frenzy of Bitcoin value jump that saw it just shy of the $20,000 mark. Now you are trying to find reasons to invest in this cryptocurrency and the blockchain technology. Here are several of the reasons you need to:

MORE TO COME

The first thing many people think, if they hear of the current price, is they are too late and people that are still buying Bitcoin are just jumping the bandwagon. In reality, with years of mining to come and the currency continues to be in infancy (more like teenage years), the value of it is still to rise and it is a sound investment.

AUTOMATED TECHNOLOGY

Blockchain is not only about cryptocurrency. It’s the future of supply chain and fighting counterfeiting. Super smart protocols this type of DAO (Decentralized Autonomous Organization) and Smart Contracts certainly are a few things to stem from blockchain that automate workings of an organization and transaction of money.

SECURE

Every day folks are robbed and bank heists are done. Bitcoin and Blockchain ensures that the money stored in your digital wallet is at a security level that’s extremely safe compared to the virtual number depicting your cash in your local bank.

SAVING MONEY

Ever had the bad experience where you will need to send some cash to another side of the world and the amount of costs for currency conversion, opening Letter of Credits, banking charges etc. made you cringe? Bitcoin does away with all that. Since there is no banking system when it comes to cryptocurrencies, there is absolutely no intermediary like a bank. You can avoid all these excessive charges by sending money right to the intended recipient.

TIME IS MONEY

Did we mention you can send the amount of money directly yourself? That saves you enough time since you don’t need to fill in forms and applications. Just ask for the receiver’s public address and click away the required amount.

Crypto Scam Recovery

Since Bitcoins are limited in number (only 21 million will ever be produced), the value of this cryptocurrency cannot be devaluated as the limited supply but an ever increasing demand means that it is self-floating currency. No inflation means an excellent investment.

YOUR OWN

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