In expert analysis, the future holds significant appreciation for Bitcoin, driven by escalating global demand and two key factors.
- Global Reserve Currency Status: Bitcoin, as a borderless and neutral alternative to national currencies, is poised to become a global reserve currency.
- U.S. Dollar Depreciation: The high U.S. debt, seemingly insurmountable without inflation, positions Bitcoin as a liquid non-inflationary asset, attracting investor allocations.
Inhoudsopgave
When to Invest in Bitcoin?
Investing in Bitcoin is justified if you anticipate its appreciation over time or foresee the need for its unique capabilities in the future.
Probabilities and Prudent Allocation
Investing is about assessing probabilities and uncertainties. A modest allocation aligns with sensibility, allowing for a cautious approach to this dynamic market.
Bitcoin’s Value Triggers
Several triggers could propel Bitcoin’s value upwards, including the Bitcoin production rate halving in April 2024, increased inflows to Bitcoin ETFs, and wealth transfer to a Bitcoin-inclined younger generation.
Bitcoin’s Unique Role in a Fragmented World
In a world witnessing collapsing international trust, Bitcoin emerges as a solution for seamless global trade. Its neutral and trustless nature addresses the challenges posed by distrust between nations.
Bitcoin as a Trustless Alternative
Being a digital bearer asset with intrinsic value, Bitcoin stands apart from traditional currencies by eliminating counterparty risk. Its decentralized nature allows for efficient and final settlement, transcending geographical trust borders.
Replacing the Dollar in International Finance
The era of the U.S. dollar as the world’s reserve currency appears numbered due to concerns over its potential weaponization and the unsustainable U.S. debt. Bitcoin, with its increasing attractiveness, emerges as a compelling alternative for investors seeking a stable store of value.
Challenges to the Dollar
Mounting U.S. debt, a soaring deficit, and escalating interest payments create an unsustainable financial situation. The likelihood of the U.S. defaulting on its debt or letting inflation erode its real value prompts investors to explore alternatives, with Bitcoin gaining traction.
In conclusion, Bitcoin’s potential as a global reserve currency and a hedge against economic uncertainties positions it as a long-term investment opportunity, appealing to a diverse range of investors in an evolving financial landscape.
Want to learn more about bitcoin mining or start mining yourself?
“This data underscores considerably stronger profitability in the mining sector compared to challenges experienced in 2022 and part of 2023.”
In approximately six months, Bitcoin undergo a “halving,” reducing the new bitcoins awarded to miners by half. Satoshi Nakamoto introduced this event in 2009 as an anti-inflationary measure. Occurring roughly every four years, the lead-up to halvings traditionally proves the most profitable time for crypto investors. “Buying bitcoin six months before a halving and selling 18 months after has historically outperformed a ‘buy and hold’ strategy,” affirms the analyst.
Bitcoin mining explained.
Bitcoin Mining is the industry where the largest institutional party BlackRock is betting big and has recently become majority shareholder in four of the five largest mining companies.
You buy one or more Bitcoin mining machines and within 6-8 weeks it is mining for you with a current rate of 5.2 cents including hosting. Security and maintenance. What does a miner cost? How can these power rates be so low? Want to know more?
Attend the free Q&A about mining:
With Mitchell Weijerman (CEO of Epic Mining) . Where Mitchell answer all your questions live.
Also you can calculate profit in this spreadsheet
Full article about mining in depth you can find here. Bitcoin mining – Buy Low Mine High.
The simple way how smart investors can profit from a broken banking system. How crypto miners made 16.7 billion USD in 1 year and how we can get a piece of it. How anyone can make money with crypto mining within 4-8 weeks, regardless of your knowledge or experience.
