Bitcoin News
By Steven Anderson
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Bitcoin (BTC) in the Long Game
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Bitcoin introduced the potential to change how the world will financially transact. It is not a passing fad nor is it a major scam.
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Sydney Ifergan, the crypto expert tweeted: “It can never be late to buy Bitcoin (BTC). Some investors look at the dip like an opportunity and others look at it like a risk.
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Decentralization brings in more stability to the society. Forbes has to state that Bitcoin is An ‘Insurance Policy’ Against the Fed.
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Chamath Palihapitiya, Early Facebook Executive have to state that the Federal Reserve and the U.S.
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Palihapitiya further stated, that he is holding Bitcoin, "In case the central banks and governments of the world step on a landmine."
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The pandemic has forced the Fed and the Treasury to pump in stimulus programs which is worth injecting trillions of dollars in the financial system.
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Reportedly, Palihapitiya believes in a 1% hedge in his portfolio. He stated that he bought his Bitcoin around 7 years ago when the price was still under $1,000.
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Profits from Bitcoin Investment happens only when the price touches a high point and you sell and get the value on hand.
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Bitcoin caught the attention of investors after its first major price rise. Simply mentioning Bitcoin, created a perception of huge value.
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Many people who work in a day job, invest in Bitcoin and they forget that they have invested in BTC.
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So, investors are constantly in search of evidence to know when the price rise will happen. It is not possible for all to leave their routine job and keep becoming BTC…
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