Is Investment in Bitcoin Cryptocurrency Too Late? Here are 4 reasons!
Are you late for Bitcoin cryptocurrency investment? The answer is also no. Actually there are many reasons you don't need Bitcoin as a good investment money before your eyes. Let's look at some of the following reasons!
Bitcoin Scarcity will continue to increase while the number of BTC owners will actually decrease. Bitcoin holders are also rare - less than 5 percent of addresses have crypto over $ 1,000.
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If that is not enough, you must also determine the fact that the total Bitcoin market represents around 0.006 percent of the world's total assets.
The CEO of aXpire, Gary Markham, claims that there is a lot of support between Bitcoin and gold - the graph below shows practically the same price pattern. Gold Futures began trading on the New York Stock Exchange on December 31, 1974.
As you can see, accepted futures was followed by a brutal price decline (it took almost two years for the price of gold to fall down). This bearish trend was followed by a ten-fold increase compared to the previous ATH.
Considering this, one can estimate the price of Bitcoin can skyrocket up to $ 180,000 compilation suddenly to rise again. However, we must also consider the fact that there are many differences between markets, which make it difficult for the task of making concrete predictions such as:
News of Bitcoin's death continues to increase, coins, as you can see, don't go anywhere, and the fundamentals really get stronger. Generation can turn Bitcoin into a future currency. Guess who won't be part of this future? Obviously, they failed to buy Crypto in 2019.
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The idea that cryptocurrency will eventually be taken fiat sounds a bit futuristic. However, we must remember fast smartphones (there are around 2.5 billion smartphones in the world), which can be used as a one-for-all storage solution for cryptocurrency. Samsung Galaxy S10 leak shows that smartphones that will be released soon have the default Blockchain KeyStore application.
Bitcoin cryptocurrency can't say for sure. However, 2019 can be a great place for you to be in a compilation sun in the sudden era of digitalization.
Reasons to Invest Bitcoin Cryptocurrency
1. Bitcoin is very rare
Of course, there are many other choices that you can choose, but Bitcoin cannot be far from your investment radar. Coinbase, is a San Francisco-based crypto unicorn, they have more users than the total supply of Bitcoin, which increases to 21 million.Bitcoin Scarcity will continue to increase while the number of BTC owners will actually decrease. Bitcoin holders are also rare - less than 5 percent of addresses have crypto over $ 1,000.
Also read : Bukit Cinta, Kupang's Favorite Youth and Youth Hill
If that is not enough, you must also determine the fact that the total Bitcoin market represents around 0.006 percent of the world's total assets.
2. Bitcoin follows a natural market cycle
There are also theories about crypto defeats currently the result of natural market cycles, which fly before those who drive crypto narratives.The CEO of aXpire, Gary Markham, claims that there is a lot of support between Bitcoin and gold - the graph below shows practically the same price pattern. Gold Futures began trading on the New York Stock Exchange on December 31, 1974.
As you can see, accepted futures was followed by a brutal price decline (it took almost two years for the price of gold to fall down). This bearish trend was followed by a ten-fold increase compared to the previous ATH.
Considering this, one can estimate the price of Bitcoin can skyrocket up to $ 180,000 compilation suddenly to rise again. However, we must also consider the fact that there are many differences between markets, which make it difficult for the task of making concrete predictions such as:
- Many market circles don't know about the future of Bitcoin.
- Unlike the precious metals market, the cryptocurrency market is far more competitive with more than 2,000 coins and tokens registered at CMC.
3. Bitcoin is still number one despite criticism
Bitcoin, it seems, is very disturbing to other technologies, so he deserves to overcome harsh criticism. For example, the President of Western Union stated that cellphones had many shortcomings in 1876, and that they could not be considered as a means of communication that was feasible.News of Bitcoin's death continues to increase, coins, as you can see, don't go anywhere, and the fundamentals really get stronger. Generation can turn Bitcoin into a future currency. Guess who won't be part of this future? Obviously, they failed to buy Crypto in 2019.
4. Adapting to the digital world
By 2019, the face of money will continue to change, and that is not a big ranking to determine cash that can be used in the nearest future. PayPal, Visa, and other global payment services that actually represent digital information. Cryptocurrency is only the next logical step that they consider the first form of digital money.Also read : Mie Belitung Atep, Toko Mie Belitung Favorite Artists
The idea that cryptocurrency will eventually be taken fiat sounds a bit futuristic. However, we must remember fast smartphones (there are around 2.5 billion smartphones in the world), which can be used as a one-for-all storage solution for cryptocurrency. Samsung Galaxy S10 leak shows that smartphones that will be released soon have the default Blockchain KeyStore application.
Bitcoin cryptocurrency can't say for sure. However, 2019 can be a great place for you to be in a compilation sun in the sudden era of digitalization.
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