Crypto market is a steady progressive market which has already enticed a major proportion of individuals around the globe. The digital era has witnessed its super successful growth in recent years and now the cryptocurrency is known to be an invention for elevated profits
But you harvest manifold profits when you opt for the most advanced cryptocurrency and Bitica is one of them.
BITICA COIN (BDCC) is one such smart contract based peer-to-peer cryptosystem with distributed decentralized public ledger called blockchain which enables financial & economic clarity and freedom.
Bitica Coin (BDCC), is the Avante Garde in pos/pow based cryptocurrency. It was launched in 2018 in Estonia (the first country to legalize Cryptocurrency) accompanied by the launch of many more new cryptocurrencies. BITICA COIN is generally referred to as bitcoins and has an advanced technology backed BDCC platform.
Key features of Bitica Coin (Bitica) includes Low transaction cost, Fast blockchain protocol which consumes only a fraction of minutes, Safe Smart contracts with decentralized control) and POW/POS as Its the first proof of work and proof of stake based cryptocurrency.
When we take a decision regarding investing in a cryptocurrency, there are always a lot of question scrawling in our minds as investors and so also with Bitica, will Bitica serve you favorable outcomes if you invest in it? Well, that depends on how you answer the below-mentioned questions:
Will Bitica become a long-term trusted store of value?
Your decision to invest in Bitica depends on your views about Bitica as a long-term trusted store of value. If you feel yes BDCC is a long-term trusted store of value & it would trade an enormous amount of coins, depending on the number of coins lost and amount of coin actually in circulation, then you should invest in it.
If you feel it won't evolve as a long-term trusted store of value and so its price will become almost zero (unless it becomes a "cool" collectible... which is a possibility), then you should not invest in it.
If you think that there are 10% chance that BDCC will become a long-term trusted store of value, it can be referred as a profitable investment option for professional investors to invest a small portion of their portfolio.
If you think BTC carries only a 1% chance of becoming a long-term trusted store of value, then the investment option is bad enough to reject.
Bitica is a religion... how good are the preachers?
Every store of value and collectibles like Gold, Silver or Rembrandt painting is like a religion and so also Bitica as it doesn't have any cash flows and it is valued on the basis of what others think it ought to be. Further, it also has preachers (enthusiasts) and early disciples.
Bitica enthusiasts and early disciple will surely be intelligent enough to provide good marketing to Bitica, and most of the preachers are generally already very rich. If the preachers of cryptocurrency are incredible connected, intelligent, media savvy, smart at PR, and a part of finance world (some run large financial institutions) then that cryptocurrency becomes a perfect idea to invest in because the intelligent enthusiasts have ability to make a digital currency a leading currency. Similarly, if you feel Bitica has a crew of intelligent enthusiasts then you must go for it.
So, now I think you would have got a perfect answer to the question that Is Investing In Bitica Coin (BDCC) A Good Idea?
If you find optimistic views for the above two points then you must go for Bitica but without putting all the eggs in one basket because cryptocurrency market is a very volatile and risky place of trade. But investing a portion of your money in Bitica sounds fair enough to multiply your profits.