Bitcoin Cannot Go To Zero

1 Year BTC Gains

There is no doubt that Bitcoin fluctuates wildly, which is likely to scare off many conservative investors.
However, several factors seem to indicate that Bitcoin might enjoy a floor; that is, Bitcoin is unlikely to go "bankrupt" or fall to zero.
You can simultaneously view Bitcoin as a technology and medium of exchange which allows for thinking beyond speculation and perhaps a robust technology investment.
The S-Curve of technology adoption provides some sense of Bitcoin's potential in the U.S. and beyond.
Bitcoin's safety and value might counterintuitively be realized with respect to fiat currency; Venezuela is used as a case study.
I am a relatively conservative and risk averse investor. As I look at the rise of Bitcoin, I often find myself thinking about one thing: risk. I am willing to speculate in some cases, and I also am willing to invest to learn more about an opportunity. I have come to feel that Bitcoin is far less speculative and more conservative than most people think.

No comments:

Powered by Blogger.