(10) Investors Seeing Bitcoins As The New Gold
It is one of the most profitable reasons to buy and hold Bitcoins for long-term gains. Gold is a precious metal that is liked by investors since historical times. It is a valuable asset whose valuation is not controlled by government.
Gold value is largely unaffected by a war in single country or even central bank policies. Bitcoin do have many similarities in terms of its valuation.
It exists on a decentralized computer network that transcends national border. There is absence of a Federal Reserve-like authority that can devalue it.
Additionally, investors are also buying Bitcoins as a means to diversify their portfolio, fiat risk hedging, business or ideological objectives & many more.
These multiple goals can be achieved quickly just by investing in Bitcoins for long-term. Thus, investors are taking Bitcoin seriously for future investments.
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- Reasons To Buy Bitcoins: Depositphotos