This isn’t the first crypto bubble according to an early bitcoin investor. He bought his first 2.5 bitcoins in 2013, when it was trading around $100.
The best time to purchase bitcoin is whenever everyone is panicking and nobody’s talking about it! You buy it when no one wants to touch it but not when everyone’s eyes are on it according to the early investor.
People should experiment in it because it’s vital to understand how it works and how to take care of these type of investments. What is also very important you need to remember your passwords or simple two-factor authentication. Hackers would want to steal your bitcoin.
Some emphasize that for bitcoin to become an investable asset, similar to gold, it would need to enhance the risk-return profile of that portfolio and we do not know what the future will bring in that regard.
Let’s not forget that while Bitcoin is digital money but Ethereum is essentially a programmable smart contract platform. As we know the Bitcoin blockchain facilitates the storage, authentication and replication of transactional data.
Though, the Ethereum platform is unique as it allows its users to run computer code, called as smart contracts. These agreements are beneficial for more or less any financial transaction. Consequently, ETH removes the need for a trader or agent in financial transactions, theoretically disrupting numerous industries.
Current supply decrease will boost up its price very soon.