Advantages of Investing in BTC $BTC
1. Long-term Growth:
• BTC has remained the most popular cryptocurrency since 2009.
• Historically shows growth in the long term, especially after halving (the last one was in April 2024).
2. Limited Supply:
• Only 21 million BTC $BTC — scarcity can drive up the price over time.
3. Protection Against Inflation (in theory):
• In some scenarios, BTC can serve as an alternative “digital gold.”
4. Institutional Recognition:
• Bitcoin ETF approved in the USA, which enhances legitimacy and demand.
Risks
1. High Volatility:
• BTC prices can fluctuate by tens of percent over weeks or even days.
2. Regulatory Risks:
• Governments may impose restrictions or taxes on cryptocurrencies.
3. Technical Complexity and Security:
• Users must take care of storing private keys and avoiding fraud.
4. Psychological Pressure:
• During “drawdowns,” it’s easy to panic and sell at a loss.
When Might It Be Profitable to Invest?
• If you believe in blockchain technology and the long-term development of BTC.
• If you are willing to hold the investment for at least 2–5 years.
• If you invest only an amount you are not afraid to lose.