The end of 2020 and the start of this year brought many changes, many new things, and one trend that got increasingly popular is investing and trading cryptocurrencies. For more than a decade now, we could hear so many untrue things about digital money overall, especially about Bitcoin. Nevertheless, the value of BTC skyrocketed and reached new highs, and that was because of many reasons. One, maybe the most crucial reason for that was about people start trusting it more, and we all saw the opportunity to invest in something that will probably mark our future and be a stepping stone of the new financial world.
There are many advantages of cryptocurrencies, and being anonymous is for sure one of the main ones, as blockchain technology grants that anonymity and that there is no third party involved, which also makes transactions even faster. But that’s not all, as companies that are global giants admitted that they would start investing in cryptos even more, and some of them even announced that they would create their own digital money. All this led to the increased popularity of cryptos, making even the most skeptical people a believer in digital money, which, as a result, just launched the value growth of many cryptos. Now, many look at trading as something one will need huge investments since the price of BTC is high, but that shouldn’t be an issue, and as every investor would confirm, it is a grand opportunity to generate revenue. There are exchange offices where one can exchange Bitcoins for other cryptocurrencies or fiat money, and in addition to buying, bitcoins can also be earned by mining and trading. Bitcoin is rising, then declining, and then skyrocketing, and this is the easiest way to describe the situation on the crypto exchange for newbies and those who are not familiar with this topic.
One crucial fact that many people today overlook is that this Bitcoin value growth is nothing unexpected, as many experts predicted such a thing. Just remember that only one year ago, when its price was going down, many wondered that the bubble created around is crashing. That is why it is one of the best and safest ways to earn money, and trading is for sure one of the best ways to do so. With all this said, there are many reasons why investing and trading crypto, especially BTC, can be of great benefit, as it is a safe option and the one that can grant large profits, but why is that? Why is now the best time to start investing in Bitcoins? Well, let’s look at some facts and reasons for that as an answer to these questions.
1. Decentralized money
As solely dependent on each owner, cryptos represent a new way of dealing with money, where each one of us is responsible for handling it. Unlike fiat currencies which are issued and governed by the banks and financial institutions, digital money offers each owner the possibility of making their own choices on what and when to buy, store, HODl, etc. All this, combined with anonymity, should be enough reason why even those not familiar with the whole system should consider trading it, especially those already investing in various other things.
2. Limited coins
We all know that even though there are many cryptocurrencies where there is no coin limit, BTC still remains the most popular one and also the one where there is a supply of “only” 21 million coins. Knowing that, and knowing that more than 18 million is already mined and in circulation, it’s just a matter of time when its supply will be tapped out. With that in mind, and since you are already aware of how popular Bitcoin is, it is just a reason more why now is the perfect time to start trading it, as the price can only go up as there are fewer and fewer coins left.
3. Governments announced new laws to regulate cryptocurrencies
Even though no government has a say about cryptos nor can control any aspect of it, the majority of countries support and allow their citizens to deal with cryptos. Furthermore, the USA administration announced that they would further regulate it, meaning that cryptocurrencies (but let’s be honest, it is mostly about Bitcoin) are no longer a tabu in the legal point of view. That, along with some of the largest companies in the world announcing that they will largely invest and start trading Bitcoin, just adds up to how bright the future looks for the crypto market.
4. High profits
When looking to invest in something, the most usual and natural thing to look for is what options could lead to the most profit. By solely looking at the facts, currently and for quite some time now, there hasn’t been a better option to get more interest than by trading Bitcoin. Of course, due to its value ups and downs, one should be extremely cautious, follow the market, media, expert studies, and more. What’s even more important is to be patient and not react instinctively when a halving occurs, causing a sudden price drop. It is a normal thing and something to expect from any crypto, and this year’s halving lasted for only a few days until the trend continued, and the BTC price started going up once again.
5. Trading platforms
It has never been easier to trade and earn money, and today, even those who are entirely new to this can make a nice profit. As we now know much more about cryptos, we can predict when will some changes on the market happen, but it is still a pretty challenging thing to do, and that is where algorithms can be of great help. Namely, there are many trustworthy websites that offer guidance, advice and provide algorithms that are doing your job for you, meaning that you don’t even have to own any prior trading knowledge to be successful and earn money. Since there are pretty small charges for these services and with great possibility to earn a lot in a short period, investing and trading in Bitcoin has never been easier and more profitable. If you don’t know where to find such reputable sites, visit this site, and start your Bitcoin rEvolution.