Sunday, August 9, 2015

Why is Bitcoin the Best Investment of the 21st Century?




Do you know what Bitcoin is? You should. Did you know that it is the de facto Internet Currency? Could you believe the free market really exists with it? All these questions and more are answered right here  in this post!

I learned about the cryptocurrency around 2010 when the price of a Bitcoin (BTC) was around $0.06 each. At its highest peak Bitcoin was worth more than $1,000 each! How foolish was I to not invest at least $100 in this technology? When, even then, I knew it was futuristic and could be something important? I still kick myself thinking about the money I could have made. Bitcoin has proven itself to be a reliable investment and a worthy technology for the future of currency.

The best part about Bitcoin, right now, is that it is not too late to invest in it! Just based on the technology it is a deflationary currency. Which means over time it increases in value. This is in contrast to our regular currency, the U.S. Dollar, which is inflationary because it loses value over  time due to debt and other factors. What does this mean, exactly?

Over a period of time, Bitcoin will be many more times valuable than the U.S. dollar just because of how the currency is designed. Buying some Bitcoin (BTC) now would certainly pay off later!

Simply speaking, it would be wise to buy Bitcoin (BTC) now while the price is favorable. As it will only increase in value over time - and the technology has proven itself to be dependable - Bitcoin is one of the wisest investments of our generation!

It was not that long ago the dollar was actually worth something. Nowadays, there is hardly anything you can buy for a buck. The supply of bitcoins is constant - meaning no more can be made than is functionally allowed. A Bitcoin in the near future will actually be worth more than the cost it took to buy it, by many times!

Billions of dollars have been turned into Bitcoins for a lot of reasons - trade, freedom from tax and harassment, internet jobs, online gambling, savings fund... the list is endless. It is funny how people can have more faith in the security of digital currency than their own government can provide!

 It is true, however! While the United States government continues to print money without responsibility, Bitcoin only has room to increase in value. It cannot be forged, duplicated, printed en masse, nor be the recipient of any foul tampering. As some say, "Bitcoin is better than gold" after 5,000 yeas of reign.

Bitcoin is accepted anywhere in the world. You do not have to turn your dollars into yen, rubles, pesos, euros, or any other currency. Bitcoin is known around the world, especially in Third World countries and online, as a go-to secure digital cash that can be easily converted into products and services, or even back into regular money on demand. It is the safest form of stashing money under your mattress. It is also safe from government corruption, which is a growing concern.You don't need a bank to take your hard-earned money with fees.

Where does one go to get Bitcoin? Coinbase is the best and most popular option considering the safety of trading with the coin. I personally use Coinbase for all of my Bitcoin purchases because it is hard to find trustworthy places on the Internet. They make it easy to secure you coin for the future.

After buying some bitcoin, you can hold and trade the coin like a stock to make even more money! Coinbase makes it easy to trade Bitcoins, too. All you have to do is buy Bitcoin at a low price. I use bitcoinwisdom to watch the value of Bitcoin on a live time scale. Buy low, wait until they increase in value, and then simply resell the coins back to the market for a very handsome profit! I have personally made more than $50 profit per coin trading in this way. I'm only telling this secret because the more people that know about Bitcoin the better - it will only increase in value!

I once remember when bitcoin was only worth six cents each, when the inventor, Satoshi Nakamoto first made it and introduced it to the world, when nobody believed in it. Nowadays, each coin is worth hundreds of dollars. I wonder where I would be if I had just put $100 in savings on the blockchain when I first heard about it. I wouldn't be posting this blog post right now, I would be sipping on a margarita in the Bahamas.

Bitcoin is one of the best investments of the 21st century. As technology improves, people want money to be in more safe and controllable formats. Paper money is worth less over time, completely insecure, and subject to many regulations, taxes, and even decay over time. Banks have ever-increasing fees and harsher restrictions on what you can do with your own money. A Bitcoin can never get lost, stolen, traced, taxed, burnt, or blown away on a windy day. It is programmable money, the money of the future, and it is the right time to be on board.

Make sure to buy some Bitcoins (BTC) today!

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