BITCOIN, ISANG INVESTMENT NA MABIBILI SA KANTO
(Bitcoin as a street investment)
Para sa mga tao na hindi ma-gets ang popularity ng Bitcoins all over the world and why is it constantly increasing in value everytime.
Disclaimer:
This is for educational and reading purposes only and should not be taken as an invesment advice. This is not a financial advice and I am no financial advisor. Consult your own financial advisor or do your own due diligence before making any forms of Bitcoin or cypto investment
Until now a lot of you are still scratching your heads about Bitcoins and why is it having such a phenomenal success through its investors this year.
Let me try to put this into perspective,
Before in the old days when we talk about investments, you have to:
- Consult a stock broker, real estate broker or insurance and financial advisor
- Register your name and fill-up so many forms to buy investment and financial products in the Philippines
After making that investment, the average rate of return on your investment is around 5 to 10% in a year and sometimes your investment cannot be withdrawn for 5 to 15 years for you not to pay penalties.
I don’t mean to put down these products because I’m also an investor of financial products in the Philippines and I have been diversifying my investment portfolio from insurances, mutual funds and stock shares for the past 7 years.
How do I compare all of my investments with Bitcoin?
Bitcoin is very very very simple,
- You download a Bitcoin wallet with private keys (check our website bitcoinsmeetup.com for wallet recommendations)
- You buy Bitcoins from us or anyone you know who has Bitcoins
- Have them transferred to your Bitcoin wallet
- You wait for a few weeks, months or a year depending on how much you have the patience to hold your Bitcoin as an investment as it appreciates in time.
- Once you are happy with your Bitcoin market price gains just contact us to sell it and we’d be happy to buy it back from you since we always have clients looking for it.
Did you know if you have friends looking for Bitcoins, you can simply transfer the Bitcoin to their own downloaded bitcoin wallet and receive peso payment from your own buyers.
If you think about this, Bitcoin’s main value is its liquidity, meaning Bitcoin is so popular all over the world that you can easily sell it to the next guy once you are happy with the money you’ve made.
In tagalog,
Pwede ka mag transact ng Bitcoin sa kanto,
- Check mo Bitcoin market rate sa oras na iyon
- Transfer mo Bitcoin sa wallet ng bibili
- Bayaran ka nya in Pesos
Where would you ever find a financial instrument as popular as Bitcoin all over the world and easily sell it off the streets with no paper-works and no registration to start buying and selling Bitcoins as an investment.
In my opinion, the real value of Bitcoin is its liquidity and popularity. And the steady growth of Bitcoin this year is a testament to its growing store of wealth from 3rd world countries all the way to 1st world countries as the most popular cryptocurrency you can buy and sell anytime on the streets.
Bitcoin is nearing 1 Million pesos and in my opinion and if you research on youtube and google, people are already talking about Bitcoin in 2018 in the range of 3 Million to 5 Million pesos per token.
If you compare Bitcoin with all the other tokens available on the market, it is already considered as the most conservative form of investment because it has always increased in value for past 9 years and just for 2017 alone, all money invested at the start of 2017 has grown by x24 already in value.
When you buy Bitcoins there are three things you should be careful about
- Be careful of scammers
- Buy Real Bitcoins only
- Buy through meetups
- Secure your bitcoins in real wallets with private keys
We cover all topics on our website: - How to safely buy Real Bitcoins
- How to get Real Wallet for Bitcoins with Private Keys
- How to safely store bitcoins for the long-term
- How to sell for profit in the future
Visit bitcoinsmeetup.com
If you’ve read this on medium a simple clap would motivate us to write more Bitcoin articles for Filipinos
Disclaimer:
This is for educational and reading purposes only and should not be taken as an invesment advice. This is not a financial advice and I am no financial advisor. Consult your own financial advisor or do your own due diligence before making any forms of Bitcoin or cypto investment
If you feel this post is helpful please upvote this post and follow us for more helpful tips on how to get started with Bitcoins.
If you would like to check a unique Bitcoins service in the Philippines that offers a solid competitive rate and can guarantee you 100% safety and security on your transaction visit our website www.bitcoinsmeetup.com
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