The present and future of Bitcoin, the opinion of leading experts

Studies show that cryptocurrency is a reliable asset. Virtual money has an impact on the financial market. A number of states are developing their own digital currency. More and more people are adding cryptocurrency to their investment portfolio. Experts recommend investing in BTC, Ethereum and other well-known tokens.

Cryptocurrency is more stable than stocks and securities

According to analysts, investing material resources in Bitcoin is more profitable than investing in securities. A researcher at Messari, a cryptocurrency market research company, said that investing in BTC would be profitable, and deposits in credit institutions (buying shares) might not be of any use. Over the past 5 years, bank stock returns have worsened.

Jack Purdy emphasizes that acquiring cryptocurrency 5 years ago, today you could make a fortune. The return on bank shares shows the opposite. With the money earned from the sale of securities, only 0.1 coins will now be obtained.

In the long run, investing in cryptocurrency is even more profitable than buying shares in the world"s largest investment banks. Shares may not bring maximum profit. The expert called Bitcoin a digital gold protected financial asset.

It’s worth ordering Bitcoin, despite today"s rate hikes, due to the key characteristics of the currency.

• immutability;
• provable affiliation;
• resistance to influence factors;
• divisibility;
• controllability.
• mobility.

This is a tool designed to reduce investment risks. Charts prove a strong correlation between the exchange rate of Bitcoin and gold.

Cryptocurrencies are applicable in the real world

Every day, digital assets strengthen their position. They are used not only in the network, but also in real everyday life. In Croatia and in other countries, traders know the quotes of Bitcoin and other coins and could exchange them with the same ease as paper material resources.

At Croatian post offices, you can replenish wallets with tokens by scanning a special code. In Brazil, by the end of the year, they plan to start paying for tokens in public transport. For Zimbabwe and Venezuela, Bitcoin has become the most reliable currency due to the fact that citizens do not trust the state system.

Studies show that crypto is always in demand and attractive, despite its high volatility. Virtual assets are already becoming a part of everyday life, and soon it will be possible to purchase Bitcoin and other coins in banks. This opinion is shared by many American analysts.

Where to buy cryptocurrency?

In order to purchase Bitcoin and other well-known coins, you need to choose the most secure exchanger. It will be possible to determine the site for bidding if you evaluate the following points.

• The reputation of the organization. Examine real reviews, materials, news about the exchange.
• The number of active users.
• Trading volume within 24 hours.
• Liquidity.
• The need for registration and verification.
• Security of user funds.
• Ways to replenish and withdraw funds.
• Reliability.
• Confidentiality of financial transactions.
• Technologies and tools for trade.
• Location of the site.

For 2019, the top ten cryptocurrency exchanges are: Binance, BitMEX, Huobi, Bitfinex, Bittrex, EXMO, Poloniex, Coinbase, Kraken, Gemini. Consider a few of them.
Binance is a fast-growing exchange. It was founded in July 2017 in the PRC.

On the site you can buy any currency and open a wallet, more than 300 coins are available. The daily trading volume reaches $ 1.3 billion. Up to 1.4 million financial transactions are performed per second. Provides favorable conditions and low commission for beginners and professional traders.

It features high-quality service, provides educational materials, supports 15-20 languages, including Russian.

Over the entire period of its existence, the site has never been hacked, has not participated in scandals, this reflects its security. For the convenience of trading, the exchange has developed its own mobile application.

BitMEX has been operating on the market for 5 years. During this time, the exchange did not have a single scandal related to hacking a wallet, illegal receipt of personal data. A high level of security is in the first place for the site. The daily trading volume is about 5 billion dollars. You won’t need to verify on the official exchange.

Huobi was founded in the summer of 2013 also in China. The largest exchange. Provides over 400 currencies and trading pairs. To trade, you need to vary.

Advantages of Bitcoin: why is it worth buying this cryptocurrency?

Bitcoin is characterized by low fees, fast transfers and the security of personal data of coin holders. You can trade this currency on exchanges at any time of the day.

Blockchain-based assets users have new opportunities:

• Multi-signatures are intended for the implementation of the contract under a certain condition;
• The main principle of a smart contract is the complete automation and reliability of the execution of contractual relations;
• Operations with a guarantee;
• Full control over personal savings.

A trader can open as many wallets as he wants. And also create addresses for each transaction when working with Bitcoin.

Brendan Blumer, founder of EOS, shared his opinion that Bitcoin will become the main asset for storing value and will take the place of the precious metal in 20 years.

Possible currency fall and further rise in value

According to analysts, the BTC will fall and may fall by 50%. However, holders do not need to implement it, since the cryptocurrency is strong and will rise in a few months. The maximum price under favorable conditions will reach 15-20 thousand dollars per token.

In the long run, quotes will return to their previous level. Tone Weiss warns users that if 1 BTC drops to $ 4,000, you need to invest in it to make money in the future. Messari holds the same position.

At the forum, financial analysts share their forecasts on an increase in BTC demand by the end of the week. The course of the digital asset can be stabilized if large companies begin to acquire a large number of coins. The fall will stop when the coin crosses the boundary line. Experts consider the inevitable growth of currency quotes by the new year.

It should be invested in BTC because of its promise. Currency legalization may happen very soon. Blockchain is gradually being introduced in all areas. Some states have already legalized coins and accept them as a payment instrument.