Bitcoin has to be in the Investment Portfolio of long-term Investors of Steem

in bitcoin •  8 years ago 

The last few weeks Bitcoin attracts a lot of positive attention in the media. Investors see cryptocurrency as a valuable method of portfolio diversification. According to experts, Bitcoin has to be in any investment portfolio.

Unlike other investments, #Bitcoin has some exciting features. In these days of severe financial crisis and bring down the stock market, investors seek a safe haven. While Bitcoin is not a safe haven in the traditional sense, cryptocurrency have in the portfolio almost everyone.

Storing values

For a long time people perceived Bitcoin as an investment #tool. In fact cryptocurrency recommended as a means of saving values

in our day. With its scarce nature and the free market, in Bitcoin has the potential to increase in value. In addition, since the price volatility calmed down a bit, subsidence prices down much less common.

However, this does not mean that the market will never be a bearish trend. But looking at the events of the past seven years, we see that the only way was up.

As more individuals and investors interested in Bitcoin, BTC unit value should continue to grow. There is a fixed amount of bitcoins and most of them have already been created. However, the pace of growth will slow down due to the decrease in the reward for the block twice, which should happen within a few days.

Hedging of financial turmoil

There is one thing that investors will be even more interested - this is how Bitcoin can be used as a hedge against economic uncertainty. Since banks and governments do not have a direct impact on cryptocurrency official markets are also not directly affect it. In addition to gold, Bitcoin is the only means of preserving value, the value of which has increased significantly since 2009.

More importantly, Bitcoin is essentially not need a broker. Stakeholders acquire it through online exchanges and exchangers or by p2p trade.

Secure storage of private keys from the Bitcoin wallet means that your money can not be withdrawn by anyone other than you. Users have full control over your money at any time.

Global consumer value

Any form of money can increase in value only if it is beneficial. Bitcoin, unlike gold and other forms of money, brings global benefits. Cryptocurrency requires mediation services, as transfers are made directly from person to person.

People may argue that gold is the world currency, but they are wrong. No one uses gold to pay these days for goods and services. Undoubtedly, the gold - a store of value. However in its pure form it is only useful for use property. For the average person the gold will have zero utility as long as it does not make him a decoration or will not use it in order to preserve value. In addition, the transportation of gold in a convenient form can be no question.

A universal system to exceed Fiat

Another goal for which there is a Bitcoin - a single system to meet all the financial problems. Send and receive money without any restrictions - one of the possibilities for Bitcoin users. cryptocurrency also allows you to make payments anywhere in the world at any time.

When dealing with paper money, buyers and sellers have problems with the delivery. Dealing with small coins at best annoying and generally quite impractical. Bitcoin handles this automatically, as everything happens in an electronic form. No intervention required, no coins or banknotes.

And yet #Bitcoin transactions do not disclose customer information when making payment. Card transactions are also removed from the return date of the equation, sending personal and financial information with each payment. Bitcoin allows users to privacy when making a purchase in the network and in-store.

#Investors want to profit

And last but not least, they all want to improve their financial situation. Stock markets offered such an opportunity, but it looks a lot worse than ever. Bitcoin, in turn, continue over time to increase in value. It is important to remember that cryptocurrency a long-term investment. Investors and individuals who seek quick earnings, should review their strategy before they buy Bitcoin.


#Financial experts have begun to mention Bitcoin as "the value of the Internet." The underlying technology can store other financial instruments - assets or tokens.


Everything indicates that the #Bitcoin is also gaining popularity in the offline world. The number of Bitcoin ATMs continues to grow worldwide. More and more merchants accept Bitcoin payments in their stores. Bitcoin should be part of any investor's portfolio as soon as possible.

With you was Vyacheslav Smirnov.

Follow me on #Steemit

An article that might interest you: THOUGHT: Will Bitcoin Worth $1.000.000? Yes, and here's why

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  8 years ago (edited)

Nope. I'm out of BTC since early 2014.
It is slow, it will always stay slow.
If you want a stable, fast and scalable internet currency then invest in Steem Convertible Dollars and earn serious interest.

Thank you vato, okay)