Categories: News

An Investment in Bitcoin Equals Looking For Financial Stability

Now that the financial ecosystem is in a state of chaos, investors are looking to scoop up some cheaper assets and rebuild the value of their portfolios. Some people are looking to traditional solutions, such as oil or certain fiat currencies. Bitcoin, on the other hand, is looking quite appealing, as the price per BTC remains fairly low for the time being. Finding the right investment is not an easy task, but Bitcoin presents its case fairly well. 

Also read: EU Lawmakers to Hold Public Hearing on Digital Currencies

Investment In The Future of Finance

With fiat currency markets being as volatile as they are, investors are left with very few options to snag up some interesting opportunities to make profit in the short or long run. Especially the short-term investments are not looking all that profitable for the time being, unless there are a lot of funds to be invested in exchange for a small amount.

Oil seems to present an interesting investment opportunity, as the price has been plummeting for quite some time now. With the price per barrel of oil well below US$30 for quite some time now, there is general excitement to buy up some assets now in the hope of seeing a future price increase.

At the same time, there are little to no indications regarding a potential price jump for barrels of oil anytime soon.

Related Post
OPEC Countries can keep producing at these cheap rates without losing too much money, and other countries simply can’t compete at that level. While the future of the oil price remains uncertain right now, it is an unlikely candidate for major investments anytime soon.

Unfortunately, there are little to no other traditional investment opportunities available. Fiat currencies are far too volatile to investment any money in right now., and most other assets are not showing that much promise now that the Chinese economy is stagnating. One option is to invest in new startups, but that will not generate any short-term returns.

While some people may discount Bitcoin as an investment opportunity right now, there is plenty of growth ahead for the popular digital currency. Thanks to its scarce total supply and low price per BTC for the time being, the entry barrier for digital currency has been lowered by quite a margin. But at the same time, Bitcoin should never be seen as a short-term investment either, as those days are behind us.

It is clear to anyone in the world to see how the investment world is slowly starting to change. Traditional options are no longer profitable, and there is no improvement in sight. Startups are risky investments, and will not generate a short-term profit. Bitcoin is no short-term success either, but the digital currency has the brightest prospects regarding a future price increase.

Source: Telegraph UK

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Aptos (APT) and Tron (TRX) Prices Slide, As Volume Soars For Rollblock Suggesting Parabolic Rally

As Aptos and Tron prices take a recent downturn, the spotlight shifts to Rollblock, whose…

5 hours ago

Altcoins to Watch in November: Binance Coin (BNB), Rollblock (RBLK), and Neiro (NEIRO)

As the crypto markets roll into their most bullish time of year, we present three…

5 hours ago

Analysts Forecast $1 for Cardano and Lunex Network As Dogwifhat Plunges To Former Lows

As the crypto market prepares for a major rally, experts believe that two top altcoins,…

5 hours ago

Retail Traders Panic Sell During ‘Fake Dip’; Whales Hold Tight to SOL, DTX, and SHIB for a Millionaire-Maker Bull Run

Solana (SOL): A Strong Ecosystem Despite Volatility Solana (SOL) has been all over the place…

6 hours ago

Llama 3.2 Predicts Price For Dogecoin: $2 Peak By 2025 And $5 Rally For DTX Exchange This Winter

Cryptocurrency trends are keen on the forecast that was recently released by Llama 3.2 model…

7 hours ago

Crypto Whale Sparks 8x Surge In $OPK Price with Massive Buy-in

A mysterious crypto whale, who previously invested 9,600 SOL into tokens $Pnut and $FRED, has…

9 hours ago