Why Bitcoin Should be Considered as a Good Financial Instrument?

  • 11 Ağustos 2020 Salı
  • 0 INTERPRETATION, 465 READ
  • 465 READ

In the whole history gold has been used as currency and before the Bretton Woods agreement repealed it stored as an equivalent of money. After that gold become the most favored financial instrument. These days with the development of technology digital currencies so bitcoin appeared. Why Bitcoin which is accepted as the gold of cryptocurrencies, is considered a good investment instrument?

 

First, no investor wants to feel security concerns while investing his money. Sadly, gold and nominal currencies are always under the threat of thievery. Thanks to blockchain technology and extra security measures(Private key, cold wallet) Bitcoin has no risk of thievery while it is stored. When we consider all transactions of bitcoin are stored in blockchains and these registries cannot be changed, all of your investments are safe as long as you do not share your access information with anybody. 

 

On the other hand, many gold investors can be mistreated because of gold being fake or its carat wrong. Yet Bitcoin cannot be produced and sold as fake. From this perspective, you know there is no fraud risk while investing in Bitcoin

 

While we investing, another important fact to us is its investment return. For an investment return, a price change is a must. So if a financial instrument's volatility is high, it creates new opportunities for a high investment return. From this perspective Bitcoin, compared to gold and other investment instruments has more investment opportunities. We can say that Bitcoin is an attractive investment instrument for investors who want to evaluate this opportunity. At the same time, we can say that bitcoin is a candidate to gain even more value in the future and to provide a relatively more investment return to its investor as it becomes more essential for the financial system and attracts more investors. 

 

Another important feature of Bitcoin is it's being decentralized. It was seen that after the 2008 crisis how the financial system that existed could burn people's assets in an instant. Bitcoin, which emerged after this financial crisis, is not an investment instrument managed by an authority that can be negatively affected by the crisis and can be changed its value. The value of bitcoin is formed in a completely transparent manner under the market conditions.

 

Considering all these situations, Bitcoin is a very secure and good investment tool with its higher investment return and secure blockchain technology.

 

INTERPRETATION [32]

  • UserPic
    TEZCAN TURASAN
    11 Aralık 2019 Pazartesi

    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus pretium dui mauris, vel vehicula nulla mattis in. Nullam eu metus pellentesque, suscipit nisi non, laoreet tellus. Sed facilisis molestie turpis, ut convallis purus accumsan tincidunt. Nulla in sodales nunc vel consectetur nunc. Aliquam pharetra enim non ornare ultrices. Fusce ut quam nec purus mattis ultrices ac id nisl.

  • UserPic
    CEM ARI
    11 Aralık 2019 Pazartesi

    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus pretium dui mauris, vel vehicula nulla mattis in. Nullam eu metus pellentesque, suscipit nisi non, laoreet tellus. Sed facilisis molestie turpis, ut convallis purus accumsan tincidunt. Nulla in sodales nunc vel consectetur nunc. Aliquam pharetra enim non ornare ultrices. Fusce ut quam nec purus mattis ultrices ac id nisl.

  • UserPic
    TUNGA ÇİT
    11 Aralık 2019 Pazartesi

    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus pretium dui mauris, vel vehicula nulla mattis in. Nullam eu metus pellentesque, suscipit nisi non, laoreet tellus. Sed facilisis molestie turpis, ut convallis purus accumsan tincidunt. Nulla in sodales nunc vel consectetur nunc. Aliquam pharetra enim non ornare ultrices. Fusce ut quam nec purus mattis ultrices ac id nisl.

    • UserPic
      ERKAN ULGEY
      11 Aralık 2019 Pazartesi

      Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus pretium dui mauris, vel vehicula nulla mattis in. Nullam eu metus pellentesque, suscipit nisi non, laoreet tellus. Sed facilisis molestie turpis, ut convallis purus accumsan tincidunt. Nulla in sodales nunc vel consectetur nunc. Aliquam pharetra enim non ornare ultrices. Fusce ut quam nec purus mattis ultrices ac id nisl.

      • UserPic
        ERKAN ULGEY
        11 Aralık 2019 Pazartesi

        Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus pretium dui mauris, vel vehicula nulla mattis in. Nullam eu metus pellentesque, suscipit nisi non, laoreet tellus. Sed facilisis molestie turpis, ut convallis purus accumsan tincidunt. Nulla in sodales nunc vel consectetur nunc. Aliquam pharetra enim non ornare ultrices. Fusce ut quam nec purus mattis ultrices ac id nisl.

    • UserPic
      ERKAN ULGEY
      11 Aralık 2019 Pazartesi

      Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus pretium dui mauris, vel vehicula nulla mattis in. Nullam eu metus pellentesque, suscipit nisi non, laoreet tellus. Sed facilisis molestie turpis, ut convallis purus accumsan tincidunt. Nulla in sodales nunc vel consectetur nunc. Aliquam pharetra enim non ornare ultrices. Fusce ut quam nec purus mattis ultrices ac id nisl.

YOU MAY ALSO LIKE

We always love and support sports!

We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.