A good investment is one that makes a profit. As the best performing asset class in the last decade, investing in Bitcoin is a no-brainer. Bitcoin’s performance is unrivaled to any asset in history over a ten-year period.
Let’s take a closer look. If you bought $100 worth of bitcoin in 2010, you would have around 1,000 bitcoins. If you never sold any of those coins, you would have more than $53 million today. For a more recent and realistic take, let’s say you invested the first COVID-19 relief stimulus check into Bitcoin. That $1,200 would be worth nearly $10,000 today. Since April 15th, 2020, the value of Bitcoin has increased by 695%.
Bitcoin is for Everyone
Gains like this are hard to beat anywhere else in the market. The beauty of Bitcoin is that it does not cater to just experienced investors. Bitcoin was created by the elusive figure known as Satoshi Nakomoto during the height of the 2008 Great Financial Crisis when trust in traditional banking systems was at an all-time low. Satoshi’s vision for Bitcoin was to provide people with an alternative financial ecosystem that eliminates traditional banks’ oversight.
Because of the way Bitcoin was designed, anyone can access Bitcoin’s gains. This means that corporations like Tesla can throw $1.5 billion into Bitcoin and make more in one week than they have ever had in the past decade of selling cars. It also means that individuals can invest as little as $5 and experience the same percentage gains as Tesla. For the first time in history, Bitcoin creates an even playing field for investment and offers anyone means for economic prosperity.
Bitcoin Helped Me Start a Business From My College Dorm Room
I discovered Bitcoin when I was in college at Northwestern University. The more I learned about Bitcoin, the more I knew it needed to be as accessible as possible. It was there in my dorm room sophomore year that I came up with the idea for my Bitcoin ATM business, CoinFlip. CoinFlip has been bootstrapped from day one, and a lot of that money came from my investment in Bitcoin.
As the popularity of Bitcoin grew, the business has grown alongside it. I consistently put any money made from Bitcoin back into the business. Today, CoinFlip is the world’s most trusted Bitcoin ATM operator with more than 1,600 ATMs nationwide and 250 employees.
My story shows that anyone can invest in Bitcoin by either buying it directly or, if you’re more entrepreneurial like me, investing in Bitcoin businesses, pioneering and paving the way for this industry.
Join the Bitcoin Revolution
Bitcoin’s unique and inclusive design paired with its performance history makes investing in Bitcoin a good idea for businesses and individuals alike. Many call Bitcoin digital gold due to its ability to hedge against inflation. Like gold, bitcoin is scarce – only 21 million will ever exist. Because of this limited supply, demand for bitcoin drives the price even higher.
If you’re still hesitant about Bitcoin, I recommend starting small. Remember, you do not have to buy a whole bitcoin to invest. Bitcoin can be divided into eight decimal points. You can buy as much or as little as you feel comfortable. Plus, it’s good practice to have a diversified investment portfolio. As you watch your bitcoin investment grow, you can add to your investment over time.
There is no better time than the present when it comes to Bitcoin. Invest today to see your portfolio flourish and become a part of this great monetary movement.
By Daniel Polotsky, Co-Founder and CEO at CoinFlip