There are many people who became millionaires by investing small amount of money in bitcoins. Those who are in favor of bitcoins still believe that there is lot of potential left in bitcoin and it is thus still a very good type of investment. Here are some reasons why you should invest in bitcoin in 2022
Bitcoin is a new asset class
Asset class refers to the type of investment options available to people. Before bitcoins, the only options were stocks, golds, or bank deposits. But bitcoins have left all these asset class far behind in overall returns. Bitcoin is still a new asset class and thus the opportunity for it to grow further is endless. It will always perform better than traditional investment options.
If we see the current trends, even major companies have also started to invest in crypto companies. Soon, we will have pension funds also investing in these and it will become mainstream. If you invest now, you can benefit from the further future adoption.
Safest crypto among all the coins
As you might know there are so many other crypto coins in the market. But the best thing about bitcoin is that it is the leader among all coins. All coin’s prices are affected by the price change movement of bitcoin. Again, if we check the historical prices of bitcoin, it has always increase over the years. You would always have been in profit if you have invested for longer duration. And the return we are talking about here are also like 100% or more per year.
More celebs are also using bitcoins
People like Elon Musk have stated publicly that they have invested their money in bitcoins. He even made a declaration that he will start accepting payments in bitcoin for his company Tesla. Now, when a person like Elon Musk makes a statement like this, it has a lot of influence. He has millions of followers on Twitter who will also start investing in bitcoins after knowing about his portfolio. There are many other celebs also in different countries who are associated with different types of crypto projects. Like a famous Indian celebrity Amitabh Bachchan was also reported to have invested in companies related to crypto. He also became brand ambassador of a major Indian exchange.