I hate cryptocurrency, but here's why you may want to invest, cause Bitcoin has a pattern!
Why You May Want to Invest in Bitcoin
That's easy because I didn't fully understand it, but most of all, because it is backed by thin air and what THE people say it is worth.
But here's why I am talking about cryptocurrency in this article.
1. I realize that the trillion-dollar industry of artificial intelligence will bring its own financial platforms, and so far, it looks like that platform will be cryptocurrency. There is NO stopping AI.
2. Over the past year, American consumers and businesses have pulled close to $1 Trillion USD out of banks.
3. This is the most important reason I am slowly changing sides. Assets in the traditional financial always fall under the banks and big government. Everything is centralized.
Everything is closely monitored by the authorities, controlled by the Fed, vulnerable to invasions of your privacy, and subject to abuse of your wealth. (I am a retired tax professional still registered with the DOT since late 1999)
But in crypto finance, it’s precisely the opposite.
Nearly everything is decentralized and controlled by no one.
The people are in control. The people have the power.
The yields they get far exceed inflation. Does this sound like another monster financial platform you know about?
Right. It sounds just like the Forex Market! A $5 Trillion dollar-a-day financial platform.
But here's what's really interesting: Starting in 2012, Bitcoin surged from $68 to $1,100.
Starting in 2015, Bitcoin surged from $200 to nearly $20,000.
Starting in 2018, Bitcoin surged from $3,300 to almost $68,000.
Plus, starting in 2022, Bitcoin has already rallied sharply from about $16,000 and, based on estimates, could go to at least $100,000.
Each time, we saw a massive increase in value, creating countless new millionaires and even billionaires. But, between each one, there was also a big, BIG DECREASE in the value. If you want to learn more about cryptocurrency visit our free training page, easy and fast.
I think Bitcoin is on the world's cycle and is flowing up and down based on current events. But never mind what I think, what do you think? Is it time to invest $100 or so into Bitcoin?
You can purchase Bitcoin on PayPal. However, there are limitations, yet it is probably the safest way to purchase small increments of Bitcoin right now.
This article was written by Sandy Ingram, the publisher of the YouTube Channel Edu Matrix, where we discuss exotic currencies, gold, and now cryptocurrency.
