Investing in BTC and other cryptocurrencies, a viable business opportunity that should not be ignored

in LeoFinance5 months ago (edited)

Over the years, a lot of business opportunities have been seized with the assumption that those business opportunities are the best and there could not be another form of business opportunity.

Investing in shares, stock, and capital assets was considered the best business decision that could be taken by an individual or a corporate organization.

And as time went by, investing in shares and stocks reduced drastically when the world was hit by what was called the Global meltdown as a result, individuals and corporate organizations would rather invest their resources in other stable viable businesses or capital assets.

For decades, investing in capital assets has been considered a stable reliable, and viable means of business opportunity up till this very moment, and the returns from the investment have been amazing.

The era of BTC and cryptocurrencies brought another dimension to the business world.

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Bitcoin popularly known as BTC is the first decentralized cryptocurrency that was greatly invested in by individuals and some corporate bodies.

The nature of BTC and other cryptocurrencies makes them grow easily, the returns from the investment were amazing, and the method of buying and selling was not cumbersome.

As of today, investing in BTC and other cryptocurrencies is very popular and considered one of the very few business opportunities of all time.

The growth and returns from BTC and other cryptocurrencies have been overwhelming and awesome, and the authorities had to claim that BTC and other crypto trading are not well regulated and decided to come up with a series of regulatory frameworks to have absolute control over the affairs of BTC and crypto.

BTC AND ITS PRICES WITHIN A SHORT PERIOD OF TIME

The persistent increase in the price of BTC has drawn the attention of individuals, corporate bodies, and authorities to it and as a result, has led to a lot of development as to how it should be traded, controlled, and accounted for.

Let's quickly have a look at the prices of BTC as at 31 January 2023 and 1st of January 2024.

31 January 2023 - 23,139.28

01 January 2014 - 44,167.33

Analysis of the changes and increase in prices of BTC above indicate that there could be a future increase in the prices of BTC, and investing in it now I believe would be a better business decision to be taken.

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the danger is those people who dont understand the high risk and high volatility associated with crypto-currencies and put too much of their portfolio in it.

I don’t really know much about BTC and how investment works, but it feels like a good place to invest money into. I’ll have to learn more about it later on.

It's good to always get the required knowledge before venturing into any form of investments.

#dreemerforlife