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✅OFFICIAL Benefits of investing in Bitcoin

mayahn

mayahn

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Bitcoin is a very good investment choice and its adoption is growing as time goes by, hence it is paramount to run through the Advantages of Bitcoin and the benefits of making such rewarding decision as starting your bitcoin accumulation journey. This would further motivate those who are already on the stride and also serve as a conviction tool for those still in contemplation on starting their accumulation journey.


Advantages of bitcoin
  • Enhanced Security: Bitcoin has one of the most secure network and it is least prone to hack, so you are assured of your funds safety over the blockchain, unless of course if you are careless with handling your funds on a personal level
  • Transparency: Bitcoin transactions is open to anyone at any point in time. The transaction data is recorded on a public ledger, hence it's availability for everyone's consumption
  • Anonymity: Better achieved via decentralized wallets like electrum, sparrow, blue wallet e.t.c. Your transactions remains untraced to the initiator and can help you maintain a low profile
  • Decentralization: Bitcoin is not owned by a particular person, everyone owns the stashes that they can accumulate and can do whatever they want with it. No one can dictate to you how you handle your assets
  • Growth Potentials: Bitcoin has demonstrated heavy growth potential over the last 15 years of its existence. The value has appreciated to $93k ATH currently and a market cap of $1.81B. Bitcoin is and still remains the most performing digital asset of the 21st century
  • Accessibility Everybody can buy, own and use bitcoin. It doesn't matter your location or race as long as you have a phone or computer and of course an active internet.
  • Immutability: Information on the bitcoin blockchain can never be altered or changed for any reason, This helps to fight corruption and is essential to the continual trust and reliability of bitcoin
  • Removal of third-parties:Bitcoin eliminates the involvement of third parties for transactions, only a wallet is needed which can be downloaded on app stores and you can carry out your transactions on a personal level. However you need to be careful so as not to download the wrong or scam versions of the wallets


Benefits of bitcoin
  • Protection against inflation: Fiat depreciates in value and its purchasing power reduces with time, but the value of bitcoin keeps increasing, so your funds invested into bitcoin is subject to continuous appreciation when invested for a long term (4 - 10) years or more as against dumping it in banks
  • Securing your Financial future:Bitcoin investment is a long-term journey and is very suitable for future financial goals like retirement, Business expansion, financial reserves e.t.c
  • Freedom from Government controls: With bitcoin, you are in charge of your funds and can do whatever you want with it without government involvement, controls or regulation and your funds are available to you when you need them. Your transactions would be broadcasted readily since the decentralized nature does not permit monopoly of mining services
  • Liquidity: Bitcoin can be easily liquidated by converting it to a stable coin and selling on exchanges via P2P, or by transacting offline with the client, although this method is heavily discouraged because of security concerns

Bitcoin is a very good investment that comes with lots of advantages and it is worth sticking to for a long time, it is evident that those who stuck with bitcoin from the very beginning or somewhere along the road are already in good profits. It is also noteworthy that it is never too late to invest in bitcoin since it is still in its early days and its still a very much promising investment concern.

I believe there are lots more to these itemized above and I leave it then to your meaningful contributions
 
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When I first got to know Bitcoin in late 2011, I didn't really understand the meaning and benefits of Bitcoin, but since 2016 I have started to learn more about Bitcoin through various forum sites. Here are some of the benefits of investing in Bitcoin, including:
1. Anonymous investors unless they have entered the crypto exchange.
2. The potential for profit is very high and the average Bitcoin profit is 25% per year.
3. As a portfolio diversification from stocks and bonds
4, Transactions are easy to track on the network or transparent
5. High liquidity so it is easy to cash out at any time,
 
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Suba said:
When I first got to know Bitcoin in late 2011, I didn't really understand the meaning and benefits of Bitcoin, but since 2016 I have started to learn more about Bitcoin through various forum sites. Here are some of the benefits of investing in Bitcoin, including:
1. Anonymous investors unless they have entered the crypto exchange.
2. The potential for profit is very high and the average Bitcoin profit is 25% per year.
3. As a portfolio diversification from stocks and bonds
4, Transactions are easy to track on the network or transparent
5. High liquidity so it is easy to cash out at any time,
Click to expand...
I couldn’t agree less with you and another benefit adding to the aforementioned ones is the ease for cross boarder transactions(international transactions and trades) without a third party.

Without comparison, but on like real estate, bitcoin is also easy to sell at any given point in time
 
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Kera said:
Bitcoin has been one of the surest investments that I have come to know. I don't know of any other investment that can give your four times your capital within three months. The only challenge to bitcoin investment is volatility. That's why I always prefer to hold bitcoin for long. It is a good hedge against inflation.
Click to expand...
Wait, four times your investment in three months?
That’s a x400 if I’m not wrong and I think we’re mistaking percentage returns just like that which the exchanges shown in notifications.

But regardless, bitcoin has proven to be a safe haven for online and digital assets investments and should be a top coin of choice for crypto investment
 
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