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Regarded as the Digital Gold, Bitcoin is the future of global finance and will only continue to grow and triple in value as the years go by, making it one of the most important investments you should own.
Since its inception in 2008, Bitcoin as experienced exponential growth like no other asset class in the world.
This growth is only increasing as the cryptocurrency continues to gain more media attention, more adoption by business, and countries, and a larger following worldwide.
The market capitalization which is currently at [bitcoin_market_cap] as more than quadrupled, the trading volume which is currently at [bitcoin_volume] and year to year gains which is currently at [bitcoin_1y] as also consistently increased.
But What Is Pushing This Accelerated Growth?
One of the most important factors pushing the exponential Bitcoin growth and mass adoption worldwide is its potential application in today’s economy.
As we move into a more digital world, more and more people are looking for ways to:
- Protect their wealth from inflation and a centralized government,
- Own a de-politicized store of value protected from bad monetary policies that favor only the rich
- Cut down on extreme taxes and Bank fees,
- Have more privacy away from the government when it comes to how they spend their money.
Bitcoin solves all these problems and brings a lot of value and practicality to the table for the everyday users.
And with the current global crisis and the ever-increasing financial turmoil gripping the world at this point in time, we can only expect that growth to continue exponentially all through the coming years.
Long Term Value Of Bitcoin
We are also seeing a record inflow of new investors and capital into the cryptocurrency market as more and more investors are beginning to treat Bitcoin as digital gold because of its low coloration with other investment assets.
- Roughly 60% of that Bitcoin is held by entities — either people or businesses — that have never sold more than 25% of Bitcoin they’ve ever received, and have often held on to that Bitcoin for many years, which we label as Bitcoin held for long-term investment.
- Another 20% hasn’t moved from its current set of addresses in five years or longer. We consider this lost Bitcoin.
- That leaves just 3.5 million Bitcoin — or 19% of all mined Bitcoin — that moves frequently, primarily between exchanges, which we label as Bitcoin used for trading.
To gain more information on how to partake in this coming Bitcoin Bull run and trade this cryptocurrency, you can read my How To Trade Bitcoin Guide. You can also check my top list of Best Bitcoin Exchanges To Trade With.