I just bought my first bitcoin. Here is why you should do it too.
For most people, cryptocurrencies can seem very abstract and risky. However, the risk is now everywhere including your bank account which might become worthless due to the defacto extreme “printing” of paper currency. Cryptos, on the other hand, have uncertainty in both security, legislation, and technology as well as intense competition between Bitcoin and emerging stars Ether, Litecoin and Ripple. There is plenty of technical and fundamental analysis available on the market. For me, it was three insights outside of traditional analysis that lead me back to this market right now. 1-Its abo u t increasing lack of trust in fiat currency. In the last ten years, most markets have been flooded with liquidy. No matter if you are living in a dollar, euro or another currency-denominated country the effects on pricing will be seen sooner or later. It makes sense that intensive stimuli will lead to inflation. Why? Simply put because more liquidity and the same amount of goods and se...