#OnChainInsights

Why is it good to buy bitcoin?

Buying Bitcoin can be an excellent financial decision due to its long-term appreciation potential. Being a decentralized currency, it does not depend on governments or financial institutions, which gives it greater resistance to inflation and devaluation than traditional currencies. In addition, its scarcity, as only 21 million bitcoins will ever exist, makes it a deflationary asset. As more companies and individuals adopt it as a legitimate form of payment and investment, its value could continue to increase, making it an attractive option to diversify investment portfolios.