Is it still worth buying Bitcoin?

Czy warto kupić bitcoina?

For over a decade, Bitcoin has consistently remained at the center of attention for investors, financial experts, and tech enthusiasts. While many people question whether it’s still worth buying Bitcoin after reaching record prices (ATH), the answer is a resounding yes.

In this guide, I’ll explain why Bitcoin remains a valuable investment, the arguments supporting its purchase, and how you can approach this decision consciously and practically.

Why does Bitcoin remain attractive?

Bitcoin has earned the nickname “digital gold” due to its limited supply and increasing value. Below are the key arguments:

  • Limited Supply. The maximum number of bitcoins is programmed to be 21 million. This scarcity makes Bitcoin an increasingly desirable asset.
  • Inflation hedge. In times when central banks print money in unlimited amounts, Bitcoin offers an alternative that does not lose value due to inflation.

Example: During the COVID-19 pandemic, many governments introduced stimulus programs that increased the money supply. During this period, Bitcoin’s price rose from $10,000 to over $60,000.

Growing institutional adoption

More and more large companies and financial institutions are investing in Bitcoin, enhancing its credibility and value:

  • PayPal and Visa. Introducing Bitcoin payments on platforms like PayPal and Visa has made cryptocurrency more accessible to the general public.
  • Investment funds. Companies like BlackRock and MicroStrategy are investing billions of dollars in Bitcoin, recognizing it as a strategic asset.

Why is this important? Institutional involvement means greater stability and acceptance of Bitcoin as a long-term store of value.

Blockchain technology as the foundation of the future

Bitcoin operates on blockchain technology, one of the most revolutionary technologies of the 21st century. Decentralization, security, and transparency are features that make this technology applicable in various sectors, from finance to logistics. Owning Bitcoin is also an investment in this future.

Potential for further price growth

Bitcoin’s history shows that despite regular dips and corrections, the price of this cryptocurrency tends to reach new heights. The halving cycle (reducing the reward for mining a block) every four years limits the supply of new bitcoins, typically resulting in price increases. Example: After the 2020 halving, Bitcoin’s price rose from around $9,000 to over $60,000 within a few months.

Is now a good time to buy Bitcoin?

While some fear buying Bitcoin when it reaches an ATH, it’s worth remembering that every “all-time high” was once an opportunity. Bitcoin’s price regularly reaches new peaks, meaning that even buying at the current level could be advantageous in the long term.

Buying during corrections

If you’re uncomfortable purchasing at an ATH, you can wait for a correction—a price drop of 10–30% is a common occurrence in the cryptocurrency market. Using the Dollar-Cost Averaging (DCA) strategy, which involves regularly investing small amounts, helps reduce the risk of poorly timing your market entry.

What are the arguments for buying Bitcoin now?

Bitcoin has gained popularity as an asset that protects against uncertainty in traditional markets. During times of economic crisis, inflation, or geopolitical tensions, its price often rises.

Adoption in developing countries

Bitcoin is becoming increasingly popular in developing nations where traditional financial systems are failing. In countries like El Salvador, Nigeria, or Venezuela, Bitcoin serves as a reserve currency and a means of payment.

Increased societal acceptance

Bitcoin is no longer a niche asset for tech enthusiasts. Its popularity is growing among individual investors, institutions, and governments. Each new ATH increases public awareness and attracts new investors.

How to invest in Bitcoin wisely?

Instead of investing your entire budget at once, consider regularly purchasing small amounts of Bitcoin. This strategy minimizes the risk of entering the market at the wrong time and lowers the average cost of acquisition. Store your bitcoins in secure hardware wallets (cold wallets). Avoid keeping large sums on exchanges, as they are vulnerable to hacking.

Understanding market cycles

The cryptocurrency market operates in cycles of growth and decline. Buying during corrections or in the early growth phase can yield the highest returns. Learn to analyze market data to identify which phase of the cycle Bitcoin is in.

Trump’s victory in the US and the end of the conflict in Ukraine

Donald Trump’s victory in the US presidential election has already significantly impacted global financial markets, including the cryptocurrency market. Known for his pro-business approach, Trump could ease regulatory pressure on the cryptocurrency sector, particularly by introducing changes in the leadership of the SEC, which currently takes a restrictive stance toward Bitcoin and other digital assets. Simultaneously, the resolution of the conflict in Ukraine, which could result from diplomatic efforts by the new administration, would contribute to greater geopolitical stability. Such developments could generate optimism in markets, reducing risk aversion and boosting interest in Bitcoin as an investment asset. A more stable global economic climate could also accelerate cryptocurrency adoption in developing countries, which, in the long term, could translate into higher Bitcoin prices. This combination of factors lays the groundwork for Bitcoin’s potential rally to new record price levels.

Where to buy Bitcoin?

If you’re wondering where to buy Bitcoin, Bitcoin Quark is the best choice, combining security, convenience, and competitive rates. With its intuitive platform, you can quickly and securely complete transactions using flexible payment methods. Bitcoin Quark guarantees full protection of your funds and data while offering professional support at every stage of purchase. It’s a cryptocurrency exchange that prioritizes transparency and customer satisfaction, ensuring your Bitcoin investment is in good hands.

Is investing in Bitcoin safe?

Investing in Bitcoin can be safe for beginners if approached with proper knowledge and preparation. It’s crucial to understand that Bitcoin is a highly volatile asset, meaning there’s potential for significant gains as well as short-term losses. To minimize risk, start with small amounts and use the Dollar-Cost Averaging (DCA) strategy by regularly investing small sums. Another essential aspect is technological security—store your bitcoins in hardware wallets (e.g., Ledger, Trezor) and avoid holding large funds on exchanges, which can be vulnerable to hacking. Use cryptocurrency exchanges like Bitcoin Quark, which offer a simple and secure buying process. As a decentralized currency, Bitcoin is resistant to inflation and government interference, making it an attractive investment. However, limit your investment to what you can afford to lose. With the help of available educational resources, community support, and intuitive platforms, Bitcoin becomes accessible to anyone looking to invest consciously and responsibly.

Summary

Bitcoin remains one of the most promising investment assets. Its limited supply, growing adoption, and technological foundations give it immense growth potential. Whether you’re a beginner or an experienced investor, purchasing Bitcoin can be a prudent move if you apply the right strategy. Each ATH is a reminder of Bitcoin’s unique nature as an asset that changes how we think about money and investments. If you’re considering buying, don’t hesitate—Bitcoin is an investment in the future that still has much to offer.

Niniejszy artykuł nie stanowi porady inwestycyjnej, prawnej, oferty ani reklamy. Jest jedynie opinią autora. Stan prawny treści aktualny jest na dzień publikacji artykułu.

19 November 2024
Autor: Patryk Chodyniecki

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