Cryptocurrency has grown exponentially in the last few years and more people than ever are interested to invest in Bitcoin (BTC). Bitcoin is a digital currency that was introduced in 2008 in the wake of the global financial meltdown. At present, Bitcoin is the most popular cryptocurrency and the largest by market capitalization.
So, Bitcoin presents an excellent chance for investment for you.
Bitcoin was created to disrupt the traditional global payment networks based on fiat. Bitcoin enables peer-to-peer digital payments that require no intervention from a third party, such as financial institutions.
From global celebrities to government officials, Bitcoin has been labelled as the best alternative to fiat. You can not only secure your money by investing in Bitcoin but can also earn huge profits in future.
Let us find out whether Bitcoin is safe to invest in or not.
Bitcoin – the Most Profitable Cryptocurrency
You always want to make maximum gains by investing your money somewhere. However, challenges such as security risks and inflation can risk your profits anytime.
Here comes Bitcoin to your safety!
Bitcoin has gradually become the most profitable and stable cryptocurrency to invest in. Bitcoin offers an inflation hedge as extra Bitcoins are halved in a year to stabilize its supply.
Carl Runefelt, alias, The Moon, is a global crypto leader who has invested in more than 350 cryptocurrency startups. He says, “the best reason to invest in Bitcoin is the absence of physical institutions, which enable people to make transactions in Bitcoin with ease.” According to him, you should at least hold one Bitcoin to make maximum gains in cryptocurrency.
Carl is often predicting the price of Bitcoin and believes it to gain huge value in future. He emphasizes, “I am very confident that this will be a very good investment. I believe that Bitcoin is not only going to go to $500,000, I think that Bitcoin is gonna go to five million dollars per Bitcoin in today’s money. Obviously, with inflation, bitcoin could go to trillions of dollars per Bitcoin.”
Bitcoin – a Safe Investment
Cryptocurrency remains highly uncertain as there are no underlying fundamentals to support its valuation. Other risks include price manipulation and frauds that make cryptocurrency volatile.
However, this does not seem to be the case with Bitcoin.
Bitcoin is proving to be the safest cryptocurrency, thanks to its remarkable safety protocols. The Bitcoin transactions are recorded on a public distributed ledger that is encrypted by cryptography. Furthermore, the Bitcoin ledger ensures enhanced safety and profits as compared to other cryptocurrencies.
Carl during one of his interviews assures, “I know for a fact that you cannot hack Bitcoin. You can hack exchanges which is a big difference and I think that it’s very important that everyone understands out there that you can hack YouTube, you can hack banks, you can hack literally an internet company out there, but you cannot hack Bitcoin.” He strongly believes that Bitcoin is much better than gold as gold can be stolen or lose its value at any time, but no one can take away your Bitcoin as it is stored online.
Carl believes in a crypto-based global economy and is pushing for the mass adoption of cryptocurrency. Anyone can visit his YouTube channel, The Moon, to gather valuable information about Bitcoin.
Invest in Bitcoin Today!
If you are interested in cryptocurrency, this is the right time that you should start accumulating your Bitcoin. Many people have made their fortune through Bitcoin, thanks to its profitability and stability.
Carl says, “Bitcoin is going up year over year and in times of uncertainty we’ve seen that people increasingly turn to Bitcoin as a form of money and store of value because Bitcoin is the only money in the world that has no political attachment.”
Bitcoin offers you the following benefits:
- You can trade Bitcoin for anything.
- No banking fees in Bitcoin transactions.
- Exceptionally low transactional fees for Bitcoin international payments.
- Bitcoin transactions are mobile and secure.
Global crypto leader, Carl says, “We live in a digital world, we need digital money, and we need non-political digital money and Bitcoin is the resolution and I think that right now people are realizing it, but it will take some time before we see the full transformation.”
You can make unprecedented profits in Bitcoin whenever the market is bullish. So, you should invest in Bitcoin for maximum gains in cryptocurrency as its value is going up with time.