If you’re looking to invest in stocks or estates, drop it. If you’re looking to invest in anything other than cryptocurrency, you shouldn’t. Jump into the bitcoin investing bandwagon, because it really is worth it.
In this digital era, you might be scared of hackers getting a hold of your money. However, bitcoin has been proven to be safer than investing in stocks or even in banks, because there are already plenty of money laundering scandals, but none from bitcoin hacking. Here are other reasons to why bitcoin investment will last you a very long time.
Free from the government
A lot of today’s investments depends on its currency, or if you invest in foreign stocks then it depends on their respective currencies. With today’s economy, there’s bound to be fluctuations in the inflation rate of the currency. Imports and exports between countries are getting unstable. And your investments are not safe there. One day it could worth a lot, and the next it could worth very little. You don’t want your investments to backfire just because of the inflation. That’s where bitcoin wins, it is not owned by any state and is thus not influenced by fluctuations. Its value will stay the same.
Buying stocks in bitcoin will also be safely stable. The rise or fall of a stock price will affect bitcoin, but not that much. You will have a very steady increase in interest rates nevertheless. Not to mention what we’ve discussed before– it is not influenced by inflation rates. It does not belong to any State. And it does not belong to any company; it belongs to you only. When you get profit, your profit won’t be cut off to a certain percentage to pay a company; your profit is completely and utterly yours. How exciting is that?
In addition to all the benefits and profits you can get when you invest in cryptocurrency, the registration is ridiculously easy. You might think it requires a bunch of forms, a bunch of your personal details and what not just like a regular investing procedure, but it doesn’t. All that is required is a clear identification number– just one, either from your ID card or driver’s license usually, and then your billing information. If you’re hesitant about providing a credit card number, you can just register with your PayPal account.