Everyone is talking about bitcoin and investing in the cryptocurrency. If you are among the crypto naysayers, here are 5 reasons you should start investing in the popular currency of the future.
1. You are in control of your investment
There are a handful of legit platforms to purchase bitcoin. You are in control of your investment as you do not need to talk to anyone before you start buying bitcoin. Also, you do not need to pay anyone to buy the crypto on your behalf. On your part, monitor the trends so that you know when to buy and when to sell.
2. Ease of transacting bitcoin
It is very easy to deposit, buy, and sell bitcoin. You simply need to signup for any reliable bitcoin wallet to start trading. Quidax, Binance, Paxful, Yellowcard, and Luno are among the reputable marketplaces to transact.
3. No regulatory hassles like legal notes
Cryptocurrencies are not regulated by any government agency or international organisations. It increases and decreases according to market trends. In fact, it is because of this lack of regulation that has encouraged some to invest.
Interestingly, cryptos have now been recognised by the likes of PayPal, Facebook, and Twitter founder Jack Dorsey which further strengthens its position.
4. It is safe and secure
As long as you are buying from a crypto wallet that is well-grounded, your bitcoin is safe and secure. It also important for you to monitor market trends so that you know when to buy, sell, and cash out.
5. Your investment will appreciate
You can buy any amount of bitcoin. Sooner rather than later, it will appreciate. Just remember to invest money that you do not really need immediately.