Stocks could be a very good investment tool, but anyone who is interested in the world of cryptocurrencies knows that cryptocurrencies can be a very good investment tool as well.
Let’s take a look at how cryptocurrencies stand against stocks.
Bitcoin has the potential for growth
The influx of institutional investors means a big step forward for cryptocurrencies and a step closer to mass adoption. One of the well-known companies that holds BTC is MicroStrategy. The reason explained by Michael Saylor, CEO of MicroStrategy, is obvious. He watched his money melt away as it lost its value. Inflation is one of the main reasons for many people to invest in cryptocurrencies.
Although shareholders were skeptical at first, so far investment in Bitcoin seems to be a brilliant move. At today’s prices, the profit is around + 120%. Michael Saylor still believes that the potential of BTC is huge, even after exceeding the $ 30,000 mark. In his opinion, nothing looks as good as Bitcoin now. It should be noted that Saylor is still one of the first investors in technology stocks.
According to him, he invested in everything. He was a very early investor in stocks of Apple, Facebook, Amazon, Google, OpenTable, eBay and PayPal, and yet cryptocurrencies, especially Bitcoin, still seem to be a better investment than technological investments in their beginnings. When these words come from such an experienced investor, it means something.
Entry is easier than ever
The threat of inflation is huge and for many people it results in trying to find a way to protect their finances. If you are not sure how to do this, Platon Finance has prepared study materials and video lessons for you that could help you with basic orientation around the field of digital currencies and managing your own finances. However, once you enter the world of digital currencies, you will find that finances can be handled differently. You can start investing with our PlatonCoin (PLTC), which offers you a wide range of possibilities.