Why you should get involved with Bitcoin?
The crypto industry is growing, there is more adoption, more people and companies buying up Bitcoin and other cryptocurrencies directly through exchanges which dry the supply. Why? Because we are witnessing how institutions start to get involved with Bitcoin at this exact moment.
Big Names
Take a look at PayPal. PayPal just started allowing its users to buy, sell, and trade cryptocurrencies directly through their portal. PayPal is considered the biggest bank in the world, one of the biggest payment providers with a user base of over 300 million users worldwide.
You may ask: Why it is of importance?
Because if you look at the userbase of the whole crypto industry you will understand exactly why. There are less than 100 million people using crypto in some way or another. And this is only one institution that adopts crypto.
Now imagine how many more will follow what PayPal is doing and what profound effect can all of this have on the crypto industry.
Bitcoin is about to experience unprecedented growth as it gets more adoption from institutions and people. We are not even at the highs of the speculative mania period of 2017, we are not even close to what it was back then at all.
All of this growth in the prices that we see at the moment is all based on strong fundamentals, demand, and the institutions that stack up Bitcoin and possibly other cryptocurrencies like Ethereum.
Favorable Conditions
As we are at the beginning of one of potentially the biggest bull markets for Bitcoin and other cryptocurrencies, people entering now, enter at a very favorable time as the probability of suffering an unrealized loss is much smaller, and therefore the risk is much lower. All thanks to the favorable conditions that Bitcoin and the crypto industry is standing.
As we said at the beginning of the article - more adoption, more interest, and most importantly the infrastructure is there that can handle the next wave of people. People that will enter the market during 2021 which will be the year that maybe Bitcoin enters another bubble speculative mania.