Post
Topic
Board Speculation
Re: Is bitcoin a good investment in this pendamic situation?
by
noormcs5
on 29/07/2021, 19:44:28 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.

According to the title, the bitcoin price was below 5000$ in March/April 2020 and it was the best investment. Right now bitcoin is also in a good zone to buy. I think if you are a long term holder, you can buy at any price as bitcoin will always give you good returns in the long term duration.