Here are 3 reasons why bitcoin could be a great investment today:
Instability is good for bitcoin.
In general, political unrest is not good for the stock market whose value is tied to established companies that depend on government service.
Stable financial institutions a dependable workforce and so on, however, unrest is good for bitcoin, which resilient to political unrest because it is not a government-backed currency.
There's evidence that recent unrest in Asia contributed to the bitcoin price surge. If you think the future holds more instability for governments and traditional banks, you might find bitcoin to be a compelling investment.
It's Easy. Investing in bitcoin in the hope of taking advantage of future price increases is as simple as buying bitcoin on an online exchange. The bitcoin transaction is subject to few regulatory oversights, which makes transactions fast and headache-free.
It's low -cost. Bitcoin exchange fees are minimal - usually on the order of 0.2% of the value of a transaction. By comparison, U.S. Banks usually charge about 3% in fees, when you use a credit card to buy something in foreign currency. If you want to speculate on currency, bitcoin offers a cost-efficient way to do it.
Shedding a few dollars worth of money in cryptocurrency assets maybe a good way to make some quick money it might also be just the thing you need.
However, be cautious.