Post
Topic
Board Speculation
Re: Is bitcoin a good investment in this pendamic situation?
by
MiF
on 05/08/2021, 05:04:36 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.
Bitcoin is always a good investment not only in this pandemic situation but also during the dip last 2018. If we have a big capital or if you are a financially free person I suggest to invest in Bitcoin than any other coins in crypto. Because Bitcoin is already proven as a good investment for long term. Can you imagine how big the profit you can possibly earn if you buy Bitcoin during the dip on 2018. Bitcoin is not a joke if I have the money as capital I will buy more Bitcoin even if there is a pandemic.