Some people have been comparing Bitcoin to gold. Of course, they are very different things. However, cryptocurrency expert Ian King says that Bitcoin is a worthwhile investment and that it is similar to gold in a variety of ways. First of all, he says, there is a limited amount of Bitcoin that can be brought into the world through the process known as mining. Once that level is reached, no more Bitcoins can be mined. As the world is advancing ever so more towards a global digital currency, it is imperative that you get your hands on some Bitcoin now before you are no longer able to. Learn more on crunchbase about Ian King
It is true that the price of Bitcoin fluctuates a lot more than gold does. However, the truth is that it is safer now to invest in Bitcoin than it used to be. The percentages in price have gone down when it comes to Bitcoin fluctuations over the years. It fluctuates only around five percent each day, and it gets less and less as time goes by. It used to fluctuate a lot more two years ago.
There are some who have raised concerns regarding the hard fork issue. The hard fork allows the creation of a new cryptocurrency out of thin air. That is how Bitcoin Cash got created. Some people are afraid that if a hard fork occurs, people will stop using Bitcoin and will start using the new cryptocurrency. However, as we have seen with Bitcoin Cash, that has not happened and it is not something to be afraid of. Yes, people started using Bitcoin Cash, but after a few weeks, it was clear that most people did not abandon Bitcoin in favor of Bitcoin Cash. View more on Ian King at Stock Twits for more updates.
In short, says Ian King, as the markets become less reliable and there is more uncertainty, it is time for you to invest in some Bitcoin. It is getting more and more stable. There is less and less of a risk involved in actually investing in Bitcoin. Make sure you store some today.
Ian King has twenty years of experience in investing. He works with Banyan Hill Publishing as their cryptocurrency expert. Visit :https://medium.com/@iankingguru