"Oh my GOD! Why did I ever invest in Bitcoin?" - Ant Syinvestor

The Bitcoin drop this week has many people questioning the stability and security of investing in Bitcoin or cryptocurrencies in general. Panicking is normal when we first start to invest our time and money in something as new as the Cryptocurrency market. There is no need to worry much though --this drop is GOOD!

Good? Yes, GOOD!

Whenever we experience dips in the Cryptocurrency market it is safe to assume that buying and HODLing is the absolute wisest strategy to follow. Remember these 5 simple words; "It always goes back up." In the bullish culmination of early 2019, we saw a 9% dip in Bitcoin. In that same month, it leaped 12% almost hitting $14k. Then we experienced another dip of 14% in June of this year (2020). The wise and patient investors who did their due research were able to have gains of almost 200% in November of this year (2020) -- going from $5,304 to $18,469 in less than 10 months. Now you tell me, which other assets can you invest in besides real estate expecting this kind of ROI in such little time?

Bitcoin, Cryptocurrency & Blockchain Technology Is The Future of Personal Finance & Security

Financial reform, can it happen? Yes. Is it already happening? You bet your DeFi Wallet it is!

China has taken the lead by acquiring over 50% of BTC's mining power. The dictatorship of China understands the power of this liberating technology and asset.

In Don & Alex's book, "Blockchain Revolution", they state this blockchain technology opens up the pathway for "billions of people [who] are excluded from the economy for the simple reason that financial institutions don’t provide services like banking to them because they would be unprofitable and risky customers. With the blockchain[,] these people can not only become connected, but more important become included in financial activity, able to purchase, borrow, sell, and otherwise have a chance at building a prosperous life."

We have the technology to change the whole world. Everything else in this world has experienced some type of innovative reform. It is time to toss this antiquated financial system and this is the beginning!

Are YOU ready to live life with Cryptocurrency as well, your currency?

Disclaimer: By no means are you obligated to take any information from this article as financial advice. Please do your own research and consult a professional financial advisor for professional financial advice. This article is for educational purposes only.

Lead Image Credit: Photo by Roger Brown from Pexels

Sources: https://www.coindesk.com/price/bitcoin, https://cointelegraph.com/news/china-controls-50-of-bitcoin-mining-while-us-hits-14-new-survey.