Why Serious Investors Need Bitcoin in Their Portfolios
Bitcoin offers some exciting traits that other investments do not. In these days of financial turmoil and crashing stock markets, investors are looking for safe havens. Even though bitcoin is not a safe haven in the traditional meaning, cryptocurrency belongs in everybody’s portfolio.
Storing Value
For the longest time, people have seen bitcoin as an investment vehicle. In fact, cryptocurrency is referred to as a store of value these days. Due to its scarce nature and the free market, bitcoin has the potential to increase in value. Moreover, since price volatility has quieted down a bit, downward price pressure is far less frequent than before.
That does not mean there won’t be bearish trends in the market, though. But looking at things from a seven-year perspective, the only way has been up.
As more investors and individuals get interested in Bitcoin, the value per BTC should continue to increase. There is a fixed supply of bitcoins, and the majority of them have already been created. However, the rate of growth will slow down once the Bitcoin halving takes place in a few days from now.