Anyone who has been paying attention to Bitcoin over the last year may wonder whether purchasing this cryptocurrency is a good idea. There are people who will say yes, people who will say no, and probably people who will shrug because they don’t know the answer any more than the rest of us. While purchasing Bitcoin from an ATM in Miami might seem a little overwhelming, there are still some solid reasons to consider doing so. We’ll go over them below.
Bitcoin is at a Healthy Valuation
When Bitcoin hit its peak in 2017, it hit about $19,500 per Bitcoin before it started to drop back down in value. However, after dropping to a corrective level, it has settled lately and at higher levels than were seen before the giant rally. This offers an opportunity to jump into the cryptocurrency, which has a cyclical nature where corrections offer a fantastic buying opportunity.
Bitcoin Scales and is Proven to be Reliable
Many of the other cryptocurrencies out there have huge issues with reliability. The same can be said for bank systems, which can go down and cause all sorts of issues with cards and online banking. However, Bitcoin is the outlier here. In fact, there hasn’t been a major outage for Bitcoin since 2013. This lasted only a few hours, was rectified quickly, and Bitcoin has now been extremely reliable for five years.
Bitcoin Has Brought Cryptocurrency into the Mainstream
When 2017 brought with it the explosion of Bitcoin prices, this also put cryptocurrency in the public eye. Many people around the world are aware of Bitcoin, if not interested in investing in it. The more people become interested and invest, the more people around them do the same. While there are tons of other cryptocurrencies out there, Bitcoin is the undisputed leader and well worth purchasing today.
Bitcoin Exchange-Traded-Fund a Hot Topic
An exchange-traded-fund, also known as an ETC, is a security that is used to track a commodity, index, or bond. It trades just like any other stock on the stock exchange. Prices can rise and fall every day, however with the lower fees and liquidity, they are seen as less risky. Bitcoin ETFs are increasingly becoming desirable and one may be pushed into existence at any time. Being a part of that ride is something anyone would want.
Bitcoin Via ATM in Miami
At RockItCoin, we make it easy to purchase and sell Bitcoin at a physical location. You can visit our website to see locations near you and purchase your first Bitcoin.
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