5 Reasons Why You Must Buy Bitcoins Now
In a few months, it will be too late.
As the most performing asset of 2019, Bitcoin leaves no one indifferent. From HODLERS to politicians and the general public, everyone has an opinion on Bitcoin. For the HODLERS, Bitcoin is a revolution that will replace the current monetary system, which they consider deficient and unfixable.
For politicians, Bitcoin represents a danger because it challenges a system that gives them the full power to create money at will. It is therefore absolutely necessary to prevent its progress, even if it means frightening the general public with false arguments. It is within the general public that we find the most spectrum of different feelings.
Thus, some people are intrigued by Bitcoin and want to know more about it while having a definite fear of getting involved. Other people do not have a specific opinion about Bitcoin. Finally, many people reject Bitcoin because it would be used primarily by criminals to launder money. How are they convinced of this? Simply because their politicians and many media outlets repeat it all day long!
In the end, whatever your position, I will give you 5 reasons why you should buy Bitcoins now.
1. Be Part Of A Revolution
Bitcoin is the first successful implementation of a digital, decentralized and fully transparent currency. It is the first successful implementation of Blockchain technology in the cryptocurrency industry.
Bitcoin is clearly the greatest technological revolution since the advent of the Internet.
By taking an interest in Bitcoin now, you will be part of a unique adventure to revolutionize the current monetary system. The Bitcoin simply wants to return power to the people. Satoshi Nakamoto designed it so that it belongs to everyone.
Bitcoin Blockchain is permissionless and trustless.
In fact, anyone can enter the Bitcoin network and become a node. For example, you can try to start mining Bitcoins yourself. There’s nothing to stop you and you don’t need authorization from anyone.
It is therefore not too late to join the Bitcoin revolution and join the HODLERS camp, the most fervent defenders of Bitcoin, who believe strongly that Bitcoin will impose itself to the whole world as a new monetary system in the future.
2. Avoid Missing The Next Big Thing
The price of Bitcoin is currently around $7,500 as December 2019 has just started. It had started the year at around $3,200 after a prolonged bear cycle following its historic peak of late 2017 when its price reached $20,000.
The current price of Bitcoin remains attractive while the next Halving is scheduled for May 2020.
Halving consists of reducing the reward given to the miners of the Bitcoin Blockchain. In May 2020, this will be reduced from 12.5 BTC to 6.25 BTC. The costs for miners will therefore be doubled and the creation of new Bitcoins will become scarcer.
In fact, the price of Bitcoin will increase sharply and it is very likely that its historical price of $20,000 will be exceeded by the end of 2020.
Imagine if you could have been at the beginning of the Amazon, Google, Facebook, Microsoft or even Apple stock market adventure?
I believe that today you would be very rich and would benefit enormously from having won the bet for the success of these companies. Well, you should know that some people were there at the beginning of each of the GAFAM members but they did nothing except question the ability of companies to succeed.
Doesn’t that remind you of anything?
Personally, the rejection attitude of many people towards Bitcoin reminds me of the very negative attitude of some people when Amazon, Google or Facebook started.
The Bitcoin could well be The Next Big Thing and as such I think you have to take the bet to discover its Blockchain and buy a certain quantity in order to avoid having regrets in 20 years as some with the GAFAM today.
The Bitcoin could well be The Next Big Thing and as such I think you have to take the bet to discover your Blockchain and buy a certain quantity in order to avoid having regrets in 20 years as some with the GAFAM today.
3. Free Yourself From The Power Of The Countries
Monetary creation is the privilege of countries and their central bankers. For several years now, following the various economic and financial crises, it is certain that the countries have not stopped using this privilege. They even abused it.
Thus, while the world will face a probable economic crisis in 2020, most countries will no longer have the monetary tool at their disposal.
This abuse of countries in monetary creation without taking into account the will of the people has caused many people to lose confidence in the current monetary system.
Indeed, no one is happy to see the value of their money constantly devalued.
Yet this is what we are constantly experiencing!
Bitcoin makes it possible to free oneself from the sole will of politicians by restoring power to its users. Bitcoin is a system based on open source code that relies solely into the computing power of the computers that are part of its network.
Bitcoin promotes a new monetary system that gives power back to the people, who thus regain full confidence in a fairer system.
As such, Bitcoin is a potential solution to reduce the growing inequalities of the world in which we live with a small group of increasingly rich people and a constantly increasing number of poor people.
4. Take Advantage Of The High Volatility Of The Bitcoin Market
Bitcoin may not mean much to you. You are not particularly interested in being part of a revolution. Being at the heart of The Next Big Thing, which will provide a credible alternative to the current monetary system, does not tempt you any more than that.
If you are in this case, I think that at the same time you should be interested in Bitcoin, if only for the profit opportunities it can bring you.
Bitcoin was the most performing asset of 2019 and this will likely continue to be the case in 2020.
The market is very young and therefore very volatile. The possibilities of making big profits are present as long as you adopt a strategy of regular accumulation as the HODLERS do.
As a wise man, you should really take an interest in Bitcoin to see your money earn you more than the S&P 500 can offer you, for example.
5. Diversify Your Investments
Bitcoin is very young and its market is therefore very volatile. I just told you that investing in Bitcoin will allow you to benefit from this volatility as long as you follow the HODLERS strategy. That’s totally true.
But there is another reason why you should lean towards Bitcoin. And this reason is the need to diversify your investments.
You have probably already invested in rental property, life insurance, startups and finally in the stock market. If this is the case, it is excellent because you are diversifying your investments and it is a good way to limit your risks.
But you are missing an investment in the emerging cryptocurrency industry. This industry could have a bright future ahead of it and you need to look at it.
If you want to diversify your investments with cryptocurrencies, there is nothing better than buying Bitcoins.
Bitcoin is the emblematic leader in cryptocurrency market. Everyone knows it and it is therefore the natural gateway for all investors. For this reason alone, it is a less risky investment than other cryptocurrencies.
No one knows what the future of Bitcoin will be made of. If someone assures you otherwise, they would lie to you. On the other hand, you can be certain of three things. The first is that if you miss the Bitcoin revolution in the same way that some missed the Amazon, Google or Facebook revolution, you will have very big regrets in the future.
The second certainty is that if the Bitcoin reaches its full potential and becomes an alternative, or better still a substitute, for the current monetary system, those who have taken the risk of believing in it when its price was $7,500 will see their standard of living rise very significantly in the future.
Finally, the last certainty is that if you only buy Bitcoins with money you can afford to lose, you are not taking a very big risk compared to the reward you could get.
It is up to you now to decide, but you will not be able to say that you were not warned in 10 years.