If You Only Buy 1 Cryptocurrency This Year, Make It Bitcoin
Bitcoin (CRYPTO: BTC) has earned a place in almost every investor's portfolio. As the anchor for the entire cryptocurrency sector, the coin is also becoming increasingly integrated into the traditional world financial system. And, with a few major catalysts in progress, there's no time like the present for investors who are considering starting a new position.In fact, if you had to choose just one cryptocurrency out of all of them to invest in this year, there's a compelling argument for why it should be Bitcoin.Bitcoin is undergoing worldwide adoption among individuals looking to invest in something that's distinct from fiat currency, as well as among financial institutions looking to get exposure to cryptocurrency as an asset class or to provide financial products with that exposure for their customers. The main reason that those financial institutions are willing to dabble in the coin today is that its regulatory status is in the process of being clarified in major economies, particularly the U.S.Continue reading
Bitcoin (CRYPTO: BTC) has earned a place in almost every investor's portfolio. As the anchor for the entire cryptocurrency sector, the coin is also becoming increasingly integrated into the traditional world financial system. And, with a few major catalysts in progress, there's no time like the present for investors who are considering starting a new position.
In fact, if you had to choose just one cryptocurrency out of all of them to invest in this year, there's a compelling argument for why it should be Bitcoin.
Bitcoin is undergoing worldwide adoption among individuals looking to invest in something that's distinct from fiat currency, as well as among financial institutions looking to get exposure to cryptocurrency as an asset class or to provide financial products with that exposure for their customers. The main reason that those financial institutions are willing to dabble in the coin today is that its regulatory status is in the process of being clarified in major economies, particularly the U.S.
