With so many cryptocurrencies on the market right now, it’s logical to ask ourselves why we’re choosing Bitcoin specifically. Many other cryptocurrencies on the market may be more efficient or charge less transaction/exchange fees. However, we chose Bitcoin because it has proven to be accessible and reliable since it first came along.
Choosing the best cryptocurrency to invest in is a decision that should be thought of with plenty of time. Every asset works and behaves differently from one another, so you can’t expect the same result from all of them. In this particular case, we believe that our safest bet was to go with the most popular cryptocurrency since it’s the one with more information and market liquidity.
On the other hand, we’ve studied Bitcoin the longest. While we don’t know absolutely everything about it, we believe that we have enough knowledge to determine when the best time to invest in it is. Considering all the feedback that Bitcoin has been getting recently, you don’t have to be an expert to notice that it’s becoming a mainstream product.
This means that today is an ample opportunity for you to invest in Bitcoin: It’s easy to get, there’s a broad amount of information on it, and you have many platforms at your disposal to invest in it. Overall, we chose Bitcoin as a foundation for BitcoinX because it’s the safe and effective choice for now, and we believe it goes the same way for you.
One of the main concerns that most investors get with cryptocurrencies is not knowing what the future has in store for them. A cryptocurrency could be doing great and then lose its value completely in a couple of days! However, things are not exactly the same for Bitcoin.
Bitcoin has shown an incredible growth cycle for the past five years, and its market tendency shows that it’s still going to increase in value and popularity over the next years. Additionally, Bitcoin is believed to be the future of financials in this new digital era, so it’s unlikely that it’s going to die anytime soon.
However, one thing that can happen is that Bitcoin can be fairly harder to acquire as the years pass; this is because more and more people are acquiring them simultaneously, which decreases the amount of Bitcoin available for you. Bitcoin is not expected to run out soon, but it can be harder for you to get in the future.
If you want to ensure that you get a more in-depth insight into the Bitcoin revolution, your best bet is to invest now and see how the cryptocurrency evolves over the next couple of years!
There are many things that we can tell you about Bitcoin, and we would be more than happy to share that extra information with you! If you want to become a member of BitcoinX, simply fill out our registration form, and let’s get started!