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Why Should You Hurry Up to Invest in Bitcoin Now? (1)

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For almost 10 years one of the most popular discussion in the financial sector has been cryptocurrency, especially Bitcoin. Is it a bubble or not? Is it worth buying or selling, or maybe you shouldn't even touch it? There are many different opinions, but what we know for sure is that Bitcoin is still here and doesn't seem to be going away. Today we’ll try to answer most of the question about Satoshi Nakamotos “creature” with the help of Barry Silbert, CEO of Digital Currency Group and one of the biggest Bitcoin investors in the world.


Last 3 years were one of the hardest for every person on the Earth. Global pandemic lead businesses to a crisis, people suffering from poverty and unemployment. A lot of peoples lives became a challenge because of the inflation. Which is sucks, no doubt, but while someone suffering from COVID-19 consequences, other people are looking for new ways to make their lives better. The best example is the huge profits of delivery services like Uber Eats and video chat rooms like Zoom. Such companies have been extremely successful during the pandemic, but it's not just about the services. Investors are looking for better options, and while the stock market struggled to survive the COVID, many cryptocurrencies showed big gains. Bitcoin itself rose more than $50,000 during the pandemic, despite its volatility.


So the question is, is it safe to buy Bitcoin now? Most people won’t do that just because they afraid of risks. Well the fun thing is, Bitcoin got less risk factors, than regular stocks. While stocks can lose value simply because of news reports on CNBC, cryptocurrencies are depends on peoples faith in them. As soon as Elon Musk talks about Dogecoin - it immediately pumps. Barry Silbert became crypto-millionaire because he knew, that a lot of people around the world believe in this currency. Answering the question - yes, it is safe to buy Bitcoin, you can consider it as a blue chip. No matter what, you’ll gain the profit, because people still gave faith in Bitcoin and they will have it in future.




“First of all, cryptocurrencies are awesome by itself. A love the basic idea behind it. Of course, Bitcoin has it’s ups and downs, but hey, who doesn’t? People have been scared off Bitcoin by the fact that you needed to put your money in an unregulated overseas platform that has been cut off by banks and scrutinized by the Fed. We (Digital Currency Group) are looking to remove the pain points and create a way to invest that is faster and more secure. We are very excited about the use of blockchain, whether it's Bitcoin or not, but we are as enthusiastic as ever about Bitcoin as a global currency and, really more importantly, Bitcoin as a global financial rail. Some analytics believe Bitcoin will hit $100,000 in the next few month, even tho now it dropped to $40,000 because of the events in Kazakhstan, which is the world’s second-biggest mining hub. But we all know how it works, as soon as the situation stabilizes, Bitcoin will rise in price again. While it’s on that point, this is the best time to buy Bitcoin.”


Barry Silbert predicts even bigger growth of Bitcoin because of demand on the market. More and more people have their interest in cryptocurrencies, not just because of the large profits they can make, but also because of decentralized system it uses. Not to mention increasing number of countries like Nigeria, Philippines, Switzerland, who use Bitcoin for their own interests, gaining huge profits everyday.


“Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.”
Andrew Ross Sorkin


“I believe that Bitcoin holds value as a form of 'good money' that is superior to any previously discovered or developed form of money.”
Jeremy Allaire


“I think anybody who is interested in keeping their money safe from the criminal banking system would want gold, silver, and Bitcoin.”
Max Keiser


“I also listened to experts like Dan Morehead, CEO of Pantera Capital, the first organization to acquire bitcoins. They managed to earn a 24,000% ROI during 2017. Dan still believes in bitcoin and thinks its price will rise even more in the next couple of years. But now, when im one of the biggest Bitcoin holder in the world I can make my own statements. I analyze various sources of financial information. I also advise many people on whether or not they should buy Bitcoin. Finally, our experts at DCG share their opinion:


"As long as you keep waiting for a miracle, your money loses value. It doesn't matter what currency you own. The COVID-19 pandemic is a great opportunity to improve your life, not something bad. You can start acting differently today by deciding to invest in bitcoin and really make a profit”


And I believe their words, simply because our company gains profit non-stop and it’s all because of Bitcoin. So yeah, I don’t know what are you waiting for. Bitcoin is great.”






Many people consider this topic largely controversial, but investors like Barry Silbert have chosen their side and have held their opinions since bitcoin's inception. He established himself in 2012 as one of the earliest and investors in the industry and now his net-worth is $1,9 billion. Considering all the pros and cons, is bitcoin solid or weak? Definitely solid. So is people's fear. Once you conquer your doubts, you'll start doing incredible things. But first you have to really want it. Do you?

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