Many investors today see Bitcoin as an opportunity to make money. With the recent approval of Bitcoin ETFs and the increased demand, many believe that Bitcoin’s value could continue to rise in the coming years. If you invest now, it may be a good idea to hold Bitcoin for a year or so and then sell it when the price is high.
💡 But what about Bitcoin scarcity? 💡
Bitcoin has a maximum amount of 21 million units that can be mined. This means that as more Bitcoins are mined, scarcity increases, which can drive up the price. Some experts believe that Bitcoin could become more valuable than gold due to its scarcity.
🤔 Have you ever thought about the scarcity of Bitcoin after complete mining? 🤔
Once all Bitcoins are mined, the supply will be fixed and demand will continue to grow, which could further increase the value of Bitcoin. However, it is important to remember that the cryptocurrency market is volatile and there can be ups and downs.