Bitcoin Growth to $4K & Potential for Long Term Investment

lunatic.ice (29)in #bitcoin • 7 years ago

Recently, bitcoin has passed $4K threshold, and potentially getting escalated quickly around this year, especially after Bitcoin Hardfork on 1 August 2017.

Right now, bitcoin still become a favorite cryptocurrency that ranked first on Coin Market Cap

As we can see , on the chart bitcoin always shown a positive trend in the past few days :

Here are the charts on my local exchange Bitcoin Indonesia with Moving Average Exponential & MACD Analysis :

This is the list for bitcoin price on some exchange :

So, as we can see, bitcoin holds potential for the future, especially for the cryptocurrency itself. Maybe in the next 5 or 10 years bitcoin already used as an usual payment method & transactions. Maybe now, many people still unaware about the existence of bitcoin and any other cryptocurrency, but we should remember what happen with the Internet 20 years ago and now.

Professor Milton Friedman in 1999 once said :

"I think the internet is going to be one of the major forces for reducing the role of government. The one thing that's missing but will soon be developed, is a reliable e-cash"

Nine years later, Bitcoin was born.

If you wanna do a research about bitcoin before making any investment you could check their official website here. You can also check information about wallet an what exchange you should use.

There are many things you could do to invest on bitcoin or any other cryptocurrencies, such as mining , cloud mining, cryptocurrency exchange, etc.

Surely, mining bitcoin on your own is pricey if you wanna do it seriously. So, i recommend for a cloud mining at Genesis Mining. It's a legit cloud mining company and definitely not a SCAM, its really good for starters, you can use my promo code : X9ZKcU for 3% off. If you wanna check for other cloud mining company, you can check it here. Most of them apparently not a scam.

At last, consider to do this investment carefully and do it with your own risk. For now, we should start to support and learn about cryptocurrency and its future potential. Next, i will make a post about cryptocurrency, cloud mining, exchanges, etc. Sorry if i have many mistakes , first of all English isn't my first language, and i'm still learning about cryptocurrency. So, CMIIW.