If you’ve heard anything about Bitcoin, it was likely that the price skyrocketed or fell. However, for those looking to invest for the long term, another question arises:What will a Bitcoin be worth in 10 years?
Where Bitcoin is going
No prediction is guaranteed for Bitcoin, but an interesting vision shared by MicroStrategy CEO Michael J. Saylor is that once gold’s market cap, currently around $ 11,000, Bitcoin will not be stopped.
Saylor sees Bitcoin in a position to achieve a market capitalization of T $ 300 in the long term. Of course, he doesn’t give a date, because nobody can do that. He speaks of a future goal.
With a market capitalization of 300 tons, the price of a bitcoin would be around $ 14 million.
Why you should look forward to Bitcoin for the next 10 years
When it comes to Bitcoin, the original cryptocurrency, here are some reasons its reach could expand over the next 10 years.
There are a finite number of bitcoins available
There are only a limited number of Bitcoin in the world – twenty-one million to be exact – so supply and demand will lead to scarcity and higher value over time. Think of it as if you were spending $ 4 a gallon at the pump today due to inflation, up from $ 0.36 in 1970.
Bitcoin also goes through a halving process every four years, which means that the amount of Bitcoin that is rewarded by mining the currency (through a consensus on proof of work) is halved. This effectively cuts Bitcoin’s rate of inflation in half every four years in a controlled manner that can be easily tracked by anyone around the world. Compare that to the secrets of the central bank’s target interest rates and it becomes clear why Bitcoin is called an inflationary hedge – it’s inherently deflationary.
If it’s digital, it’s long-lasting
Bitcoin transactions take place digitally on the blockchain, which makes the currency much more durable than your typical dollar or coin. It may sound pedantic, but this is a huge step towards peer-to-peer digital transactions.
The story goes on
Blockchain technology is extremely secure and efficient, and developers are creating new tools every day to improve it. In fact, with Voyager, one of the first public crypto companies, it is very easy to keep track and secure your digital assets, which makes it easy for you to understand the crypto market and invest in Bitcoin or other cryptocurrencies. Get started with the Voyager app now.
Bitcoin is open
That’s right, anyone can own Bitcoin. It’s not protected for wealthy investors, it’s not hidden in corporate finance offices, or only offered to those who got on early. One of the magical things about Bitcoin is that you can buy it in pieces or satoshis. This opens up the investment opportunity to anyone who wants to invest. You don’t have to buy $ 32,000 worth of Bitcoin – you can buy a fraction of it and still benefit from your investment.
So get into Bitcoin now
Bitcoin is a popular currency that gives investors options that the traditional stock market has reserved for the extremely wealthy few. All of these factors present ample opportunity for growth over time, and market volatility is a sign of this. The crypto market offers investors opportunities that the stock market does not and gives them the opportunity to re-imagine what a fertile financial future really looks like.
If you want to take part in the Bitcoin campaign, you’ve come to the right place. Get $ 50 in Bitcoin when you log into Voyager with the code ZING, deposit at least $ 100, and make your first trade. Voyager’s bitcoin rates of return are locked in for the remainder of 2021, with a return of 5.75% APY if you keep a minimum monthly average of BTC in the app.
Now is the time to join the financial revolution.
See also: How To Buy Bitcoin (BTC)
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About Voyager
Voyager Digital, LLC is a subsidiary of Voyager Digital Ltd. (OTCr: VYGVF), one of the fastest growing publicly traded cryptocurrency marketplaces in the United States. With over 60 cryptocurrencies and a large selection of altcoins, Voyager offers a secure way to trade without commissions with its easy-to-use mobile application. The company uniquely offers up to 12% APR on more than 30 different digital assets. Voyager was founded in 2018 to provide a more transparent and cost-effective solution for trading cryptocurrency. To learn more about the company, please visit https://www.investvoyager.com. Use code ZING during app sign-up and receive $ 50 in BTC after depositing $ 100 and making your first trade.
Disclosure of Voyager Cryptocurrency Risk
Disclosure of Investment Advice: This content does not constitute investment advice and should not be relied on for such advice or as a substitute for advice from professional accounting, tax, legal or financial advisors. Industry trend observations should not be read as recommendations for digital assets, sectors, or projections of future price developments.
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