Post
Topic
Board Speculation
Re: Is bitcoin a good investment in this pendamic situation?
by
carter34
on 13/07/2021, 14:29:53 UTC
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

Whether the pandemic situation or not the supply quantity of bitcoin is the advantage over Fiat . In time to come in the future, the price of bitcoin will sky high for profit to hodlers. Fiat currency is usually inflation chanlenged which makes the value of purchasing of products reduced but bitcoin is not having such challenge, meaning more investment will come into bitcoin.