Best Time To Buy Bitcoin Or other Cryptocurrencies?
With Bitcoin retracting down to $16,000 now is the best time to purchase BTC. In this article I will lay down the facts as to why this is the best time to get into Bitcoin in the time we live in now.
First, only 1% of the population knows about bitcoin and cryptocurrecies, so if Bitcoin is at 16K right know and only 1% of the world knows about it, imagine what the price could be once 50 or 75 percent of the world knows about this wonderful piece of technology.
Secondly, Bitcoin is approaching a halving which means that there will be less Bitcoins per block that is mined. In a nutshell this means that there will be a lower supply being produced than today, so even if the demand stays the same as it is today the price will still increase.
And the last reason I will explain in this article is that companies are now implementing Bitcoin into their possible ways that people can pay or use Bitcoin. We have already seen this happen with Ethereum and cryptokitties, a game was created around the blockhain, people got interested, and used it. In result this made the price of Eth shoot up 40, 50 percent.
These are just a couple of the reasons why it's not to late to jump into the crypto world. I hope this article helped with starting you in the crypto world or just to give you information.