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Bitcoin is a good investment to consider in the 21st century. One only requires a vast knowledge of the formalities used in the trading of cryptocurrency and of course use updated trading skills firm cryptocurrency investment skills.
1. The permanent 21million coin supply cap
This rule is made public and doesn’t change under any circumstance. As nations print more money than they actually require. The Bitcoin network won’t make more. Bitcoin will and always be scarce. It used to be worth $1 and its value rises daily due to its scarcity.
2. Bitcoin is decentralized and transparent.
It is distributed among its users rather than distributed by a group of people with power or an individual. Unlike the federal reserve, Bitcoin is transparent and doesn’t support inflation
3. Bitcoin cannot be censored
Bitcoin cannot be censored. This is a result of decentralization. If you live in a country that practices capital controls, buying bitcoin is a good idea.
4. Bitcoin is used as a new asset
Bitcoin is now being used as a store of value due to its low correlation and superior absolute performance promising an increase in absolute returns.
5. Bitcoins’ positive regulations
Countries are adopting bitcoin as a way for people to transact and store value. The regulatory framework is used to protect investors and ensure financial stability.
