If you consider these four things, Bitcoin may be the best investment asset available:
- Performance
- Safety
- Portability
- Rarity
- Loans
I will explain each one.
- Performance : BItcoin is the asset with the best performance or Return on nInvestment of any other, including gold, silver, diamonds, art, real estate, stock market and bond market.
- Safety: BItcoin isn't a physical object someone can break into your home to steal. It's not in your bank account, or safe deposit box. As long as you safe guard your private keys, you safeguard your bitcoin.
- Portability unlike rental property, gold bars or gold coins, Bitcoin is on the internet, so if you have to flee your home, you just leave and reconnect with your bitcoin later.
- Rarity : there will only be 21 million Bitcoin, so no givernment can print more to pay it's bills and dilaute the value.
- Loans in Western Countries taxes on your gains take a huge chunk of your profits. But loans are not taxable, so the fact you can borrow using bitcoin as collateral is marvelous.
The simplest solution is the best
Oczums Razor is a time proven statement, that when assessing causation the simplest anser is most likely correct.
In the case of assets, the one with the highest ROI and highest liquidity is probably the best asset. The winner of these two categories is Bitcoin.
What do you think?
Posted Using InLeo Alpha
Posted Using InLeo Alpha
I think you are right, that Bitcoin is a perfect investment.
I suggest you borrow against it and use it to buy Hive or Hive and Bitcoin
Good idea.
Bitcoin is definitely a top quality asset, having it on one's investment portfolio is probably a great idea. The last part on loans is new to me, thanks for the information :)
Your welcome.
Thanks for this short post clearly outlining why BItcoin is number one.
Your welcome
Damn Dude, your on a roll. Yep Bitcoin is Numero Uno as far as investments go and a valid question is why invest in anything else, so you can get lower returns. And you can borrow against your BItcoin to buy more Bitcoin.
You said this very well.
Thank you.
#hive #posh
Thank you
o.o what if i have no btc tho
I would consider buying some each payday, a small amount regularly over a long period of time can build into a substantial position.
o.o maybe when lower now too high
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