Have you learned about the financial benefits cryptocurrency best known among bitcoin hodlers and want to join the fray to take advantage of the huge returns and beat the inflation that is outpacing your current savings options?
Published: 25 November 2022, 3:57 am Updated: 25 Nov 2022, 3:57 am
Bitcoin (BTC), a decentralized cryptocurrency, has in the past outperformed more established investment options, including equities, gold, and real estate. And with the recent launch of a wide range of stablecoins, it’s easier than ever to start preserving your wealth by investing in crypto.
It’s incredible how quickly Bitcoin has developed. Since its launch in 2009 by the pseudonymous entity Satoshi Nakamoto, Bitcoin has increased dramatically from a value of less than a penny to over $20,000 USD in 2017. While its value has since fallen somewhat due to crypto winter, it is still hovering above the $10,000 mark as of early 2018.
Bitcoin started trading at a measly $0.0008 back in July 2010. In the next 10 years, its value increased by a whopping 100 million times. How did it do this? And how can you tap into that power to start preserving your wealth with crypto?
While there are many factors that have contributed to Bitcoin’s meteoric rise, one of the biggest has been its inherent stability. Unlike traditional currencies like the US dollar, which is subject to inflation and market fluctuations that can cause significant losses over time, Bitcoin’s steady growth means it is a great option for long-term investment.
Stablecoins are another great way to start preserving your wealth with crypto. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, stablecoins are pegged to the value of a more stable asset such as gold or another national currency. This means they’re less prone to market fluctuations and better suited for long-term investment.
So if you’re ready to start protecting your wealth with crypto, there are plenty of options available to help you do so. Whether you choose bitcoin, stablecoins, or a combination of both, you can be confident that…