Post
Topic
Board Speculation
Re: Is bitcoin a good investment in this pendamic situation?
by
lizarder
on 18/08/2021, 10:35:19 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.

Currently digital money (Bitcoin) is more promising in investing, compared to fiat currencies. This condition greatly affects the value of inflation if you use investments using fiat currency, imagine this happening almost all over the world, then how is the continuity of investment with fiat currencies.

Unlike Bitcoin, this can actually be controlled well by anyone, there is no term massive inflation that will occur, if bitcoin is everyone's reference in investing, that's why almost all countries have started creating their own digital money.