Post
Topic
Board Speculation
Re: Is bitcoin a good investment in this pendamic situation?
by
mumang siat
on 18/08/2021, 12:22:18 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.

In the current pandemic conditions, crypto is the best solution for investing, especially if we invest using bitcoin, the pandemic conditions do not have a big impact on bitcoin, because bitcoin's stability can survive in such conditions.

In contrast to investing using fiat money, this is very influential with the current pandemic conditions, fiat money usually experiences a recession against an ongoing disaster or pandemic, that's why bitcoin is safer than investing in fiat currency.