IS BITCOIN A GOOD INVESTMENT - THE ANSWER IS, YES!
A collective insanity has sprouted around Bitcoin over the last
decade. It's hard to predict whether this cryptocurrency will
become the global reserve currency or a store of value as widely
accepted as gold, it has posed to have limitless potentials for
the future. The thrill of riches or ruin leaves some investors
wary, but informed others have have seen the need to chase the
opportunity as provided by Kynetic Prime for massive profits from
investing in Bitcoin. Bitcoin is certainly a revolutionary
technology, and it's much less risky in 2023 than it was in
2012.
After becoming legal tender in Canada, Germany, Slovenia,
Malta, The Netherlands, Singapore, Estonia, El Salvador among
others in 2021, other countries may look to copy this move to
attract innovation and development into the future, while
others might ban it entirely in an attempt to save their fiat
currency or clear the way for a central bank digital currency,
they will only find themselves behind in technology and
digital development.
Bitcoin is just one of the internet digital currency
innovations and it’s already making massive waves across the
globe. Despite the doom and gloom of the 2022 bear market,
Bitcoin has solidified its spot in the global geopolitical
climate, and the 2020s may be the year of massive adoption.
This has led investors to wonder if Bitcoin is a good
investment. The answer to this question varies, depending on
who is asking it and will always lead to this, “the best time
to buy bitcoin is 5 years and the bad time to buy bitcoin is
later, buy bitcoin NOW and wait.” Kynetic Prime is here to help
you do that, providing insurance policies to cover for both
capital and capital gains.
Bitcoin is a good investment as it fits your risk tolerance
and your general market outlook. The history of the
cryptocurrency market is actually rather predictable on longer
time horizons. Bitcoin and Ethereum have traded in relatively
regular cycles and both have recovered from every major crash
(not including the most recent, yet) and subsequently reached
new all-time highs either way Kynetic Prime has studied and
technically analyzed the market thereby adopting the use of
automated trading bots and sophisticated softwares like the
MT4 and MT5 trading strategies to generate a steady positive
progress margin on every trade estimated to +89% as of the
last time a survey was conducted on January 21 2023. Simply,
it has been proven that Kynetic Prime can generate a stable
return from the Crypto(Bitcoin) market whichever way the
market moves (upwards/downwards) for this reason it has been
ranked the Number 1 Private Brokerage Company by the
Blockchain Council.
The History of Bitcoin
Since its inception, Bitcoin was the 1st digital asset to beget
the current ecosystem of cryptos. The release of the whitepaper
describing the tech just after the 2008 financial crisis was a
quiet start to the cryptocurrency revolution. It’s proven that
paper money is no so reliable as it is controlled by the
Government and the Elite. Bitcoin will do to banks same thing
emails did to the postal office. For quite a while, it grew an
underground following of investors who saw its future as a
possible replacement to the physical monetary system. Now
Bitcoin has become a household name as institutions and
governments develop ways to serve their customers growing demand
for exposure.
Similar to how the internet was once a speculative investment,
Bitcoin has received similar criticism. In reality, Bitcoin‘s
current adoption rate outpaces that of the internet's in 1998,
and millions of people now own Bitcoin and millions more learn
about it everyday (BE INFORMED TODAY!) And the spread at which
its adoption is spreading seems to only be increasing daily.
In 2021, El Salvador became the 1st country in the world to
make Bitcoin a legal tender, followed by Canada, Germany,
Slovenia, Malta, Estonia, Paraguay and other small countries
look to follow suit. El Salvador is also the first and only
country to have Bitcoin in its treasury. As of late 2022, El
Salvador has roughly 3,400 Bitcoin. President Nayib Bukele has
not been shy about announcing his purchases on Twitter.
Is Bitcoin a Good Investment Despite the Risk?
Similar to any speculative investment, buying Bitcoin obviously
carries significant risk, but this is only in the case that coin
is left in an exchange like coinbase, crypto.com, robinhood,
among others and this is why these exchanges have partnered with
us to handle individual and multiple trading accounts on behalf
of their clients. As the traditional finance world realizes
Bitcoin's potential for disruption, they must choose either to
adopt cryptocurrencies or face irrelevance.
We at Kynetic Prime strongly advice any informed traditional
investor to adopt change and technology with bitcoin. Its
volatility risk is one of the major factors determining
whether Bitcoin is a good investment but it isn't necessarily
good or bad as we already have automated trading bots and
sophisticated softwares like the MT4 and MT5 trading
strategies to generate a guaranteed return margin. The
personal decision to invest in Bitcoin comes down to your
appetite for tax-free money, freedom, control and your
perspective on the future of humanity. For example, Russia has
stated they are looking into cryptocurrencies to lower their
dependence on the US dollar. Bitcoin has the potential to
disrupt the US dollar in a massive way, and it is simply too
big to be ignored at this point. If this disruption is
successful, Bitcoin will be more than a fantastic investment!
The main reason a traditional investor may want exposure to
Bitcoin is to hedge against inflation, make tax-free income
(avoiding tax on capital gains), have control over there money
and potentially the collapse of the fiat-based economy.
Bitcoin's volatility is a concern to many investors, however
volatility is expected to decrease forever as institutions and
governments enter the market with long-term interest. Not only
that, Volatility has been the foundation on which profits is
generated by out esteemed professional traders. Our clients
are in perfect hands.
Advantages of Bitcoin Investments
The overwhelming performance of Bitcoin — as a currency and investment — has attracted traditional and institutional investors alike. They are all asking: Is Bitcoin a good investment? To be fair, it offers you far more several advantages over traditional investments.
Liquidity. Bitcoin is arguably 1 of the most liquid investment
assets due to the worldwide establishment of trading
platforms, exchanges and online brokerages. You can easily
trade Bitcoin for cash or assets like gold instantly with
incredibly low fees. The high liquidity associated with
Bitcoin makes it a potentially great investment vessel if
you’re looking for short-term massive profit. Digital
currencies may also be a long-term investment due to their
high market demand. Lower inflation risk. Unlike world
currencies — which are regulated by their governments —
Bitcoin is nearly immune to hyperinflation. It still undergoes
inflation but at a predictable rate that is halved every 4
years after which comes a bullish season. The blockchain
system is infinite and there’s little need to worry about your
cryptos losing their value.
New opportunities. Bitcoin and cryptocurrency trading is
relatively young — new coins are becoming mainstream on a
daily basis. This newness brings unpredictable swings in price
and volatility, which may create opportunities for massive
gains. Minimalistic trading. Stock trading can be a tedious
process covered in red tape and can only be done during
specific market hours. You must also go through a broker to
trade a company’s shares. But Bitcoin trading is minimalistic:
simply buy or sell Bitcoin from exchanges whenever you want,
24 hours a day, 7 days a week. Bitcoin transactions are also
instant — unlike the settlement of stock trading orders, which
could take days or weeks. Bitcoin is by far a much more
risk-free lucrative investment.
Disadvantages of Bitcoin Investments
Bitcoin may be the future of monetary exchange, but it is equally important that you are aware of the concerns surrounding cryptocurrency investing. Listed below are the only things that could make Bitcoin a bad investment. Balancing the pros and cons is often the most important thing an investor can do. Note: How this is handled, view …”link for Insurance Policy here”
Volatility. The price of Bitcoin is always rippling back and
forth. If you happened to buy Bitcoin on December 17, 2017,
the price was $20,000. Weeks later, you couldn’t sell your
investment for more than $7,051. While you'd be doing great
now, holding for years at a time is not a viable option for
all investors. Mind the word, “HOLDING” this is why it’s
always advised to “INVEST” with a trading brokerage company
just like Kynetic Prime. Threat of hacking. While Bitcoin's
blockchain has never been hacked, individuals can still get
hacked if they give out sensitive information, such as their
private keys. Also, it's not uncommon for lesser-known
exchanges to be hacked. For best security, use a hardware
wallet like the Ledger Nano X that stores your digital assets
off the internet on an external device.
View more information on how this disadvantages are handled
(see link for Insurance Policy
here”)