Bitcoin’s stunning performance—as a currency and an investment—has attracted both traditional and institutional investors. Is Bitcoin a good investment? To be fair, it offers you several advantages over traditional investments.
Liquidity
Bitcoin is probably one of the most liquid investment assets due to the worldwide introduction of trading platforms, exchanges and online brokers. You can easily exchange Bitcoins for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with Bitcoin makes it a great investment vessel if you are looking for short-term profit. Digital currencies can also be a long-term investment due to their high market demand.
Lower inflation risk
Unlike the world’s currencies – which are regulated by their governments – Bitcoin is almost immune to hyperinflation. It is still subject to inflation, but at a predictable rate that halves every 4 years. The blockchain system is infinite and there is no need to worry about your cryptocurrencies losing their value.
New opportunities
Bitcoin and cryptocurrency trading is relatively young – new coins are becoming mainstream everyday. This novelty brings unpredictable price swings and volatility that can create opportunities for massive profits.
Minimalist trading
Trading stocks can be a tedious process covered in red tape and can only be done during certain market hours. You also have to go through a broker to trade the company’s shares. But Bitcoin trading is minimalistic: simply buy or sell Bitcoins from exchanges whenever you want, 24/7. Bitcoin transactions are also instantaneous – unlike stock trading orders which can take days or weeks to settle.
You can trade your fiat currency for Bitcoin on a trading platform such as Unocoin.com or via DEX. You can also negotiate a personal transaction to buy bitcoins. In India, fiat trading for cryptocurrencies is highly regulated. Most exchanges will require you to provide personal information to meet what is known as a Know Your Customer (KYC) standard.
Many studies have found that most cryptocurrency buyers are buy-and-hold investors. The location of 60% of Bitcoin in circulation, which can be tracked thanks to the blockchain, has not changed in more than 1 year. Why? Although Bitcoin had a big bull run in Q2 2020, most people seem to expect more from it. Bitcoin can be used to buy almost anything you can imagine in hundreds of stores, but most crypto investors see it as something more – a political statement, a financial change, a hedge against a depreciating dollar. With all the different ways to make money from Bitcoin, you just have to choose what works best for you.
Keep in mind that cryptocurrency as a whole is still considered quite volatile. The value of the Bitcoin you earn can change drastically. This may be why so many Bitcoin holders are doing just that — holding. To take full advantage of digital currency, we may have to wait for the world to catch up.
Please find the list of authentic Unocoin accounts for all your queries below:
- YouTube Channel: https://www.youtube.com/c/Unocoin/videos
- Newsletter: https://medium.com/subscribe/@Unocoin_growth
- Blogs: https://blog.unocoin.com
- Instagram: https://www.instagram.com/unocoin/
- Twitter: https://twitter.com/Unocoin
- Facebook: https://www.facebook.com/unocoin/
- LinkedIn: https://in.linkedin.com/company/unocoin
- Telegram Group: https://t.me/Unocoin_Group
- Telegram Channel: https://t.me/+fasQhTKBsfA5N2Zl
- Telegram: https://t.me/UnocoinSupport_Bot
- E-mail id: support@unocoin.com
- Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat)
- App store link: https://apps.apple.com/us/app/unocoin/id1030422972?ls=1
- Playstore link: https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet
Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).
accounts for all your queries below:
- YouTube Channel: https://www.youtube.com/c/Unocoin/videos
- Newsletter: https://medium.com/subscribe/@Unocoin_growth
- Blogs: https://blog.unocoin.com
- Instagram: https://www.instagram.com/unocoin/
- Twitter: https://twitter.com/Unocoin
- Facebook: https://www.facebook.com/unocoin/
- LinkedIn: https://in.linkedin.com/company/unocoin
- Telegram Group: https://t.me/Unocoin_Group
- Telegram Channel: https://t.me/+fasQhTKBsfA5N2Zl
- Telegram: https://t.me/UnocoinSupport_Bot
- E-mail id: support@unocoin.com
- Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat)
- App store link: https://apps.apple.com/us/app/unocoin/id1030422972?ls=1
- Playstore link: https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet
Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At
Bitcoin’s stunning performance—as a currency and an investment—has attracted both traditional and institutional investors. Is Bitcoin a good investment? To be fair, it offers you several advantages over traditional investments.
Liquidity. Bitcoin is probably one of the most liquid investment assets due to the worldwide introduction of trading platforms, exchanges and online brokers. You can easily exchange Bitcoins for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with Bitcoin makes it a great investment vessel if you are looking for short-term profit. Digital currencies can also be a long-term investment due to their high market demand.
Lower inflation risk. Unlike the world’s currencies – which are regulated by their governments – Bitcoin is almost immune to hyperinflation. It is still subject to inflation, but at a predictable rate that halves every 4 years. The blockchain system is infinite and there is no need to worry about your cryptocurrencies losing their value.
New opportunities. Bitcoin and cryptocurrency trading is relatively young – new coins are becoming mainstream everyday. This novelty brings unpredictable price swings and volatility that can create opportunities for massive profits.
Minimalist trading. Trading stocks can be a tedious process covered in red tape and can only be done during certain market hours. You also have to go through a broker to trade the company’s shares. But Bitcoin trading is minimalistic: simply buy or sell Bitcoins from exchanges whenever you want, 24/7. Bitcoin transactions are also instantaneous – unlike stock trading orders which can take days or weeks to settle.
You can trade your fiat currency for Bitcoin on a trading platform such as Unocoin.com or via DEX. You can also negotiate a personal transaction to buy bitcoins. In India, fiat trading for cryptocurrencies is highly regulated. Most exchanges will require you to provide personal information to meet what is known as a Know Your Customer (KYC) standard.
Many studies have found that most cryptocurrency buyers are buy-and-hold investors. The location of 60% of Bitcoin in circulation, which can be tracked thanks to the blockchain, has not changed in more than 1 year. Why? Although Bitcoin had a big bull run in Q2 2020, most people seem to expect more from it. Bitcoin can be used to buy almost anything you can imagine in hundreds of stores, but most crypto investors see it as something more – a political statement, a financial change, a hedge against a depreciating dollar. With all the different ways to make money from Bitcoin, you just have to choose what works best for you.
Keep in mind that cryptocurrency as a whole is still considered quite volatile. The value of the Bitcoin you earn can change drastically. This may be why so many Bitcoin holders are doing just that — holding. To take full advantage of digital currency, we may have to wait for the world to catch up.
Please find the list of authentic Unocoin accounts for all your queries below:
- YouTube Channel: https://www.youtube.com/c/Unocoin/videos
- Newsletter: https://medium.com/subscribe/@Unocoin_growth
- Blogs: https://blog.unocoin.com
- Instagram: https://www.instagram.com/unocoin/
- Twitter: https://twitter.com/Unocoin
- Facebook: https://www.facebook.com/unocoin/
- LinkedIn: https://in.linkedin.com/company/unocoin
- Telegram Group: https://t.me/Unocoin_Group
- Telegram Channel: https://t.me/+fasQhTKBsfA5N2Zl
- Telegram: https://t.me/UnocoinSupport_Bot
- E-mail id: support@unocoin.com
- Contact details: 7788978910 (09:30 AM IST – 06:30 PM, Mon – Sat)
- App store link: https://apps.apple.com/us/app/unocoin/id1030422972?ls=1
- Playstore link: https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet
Disclaimer: Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).
, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).