The year 2021 has been the time of maximum inflation for the world of cryptocurrency. People all around the globe became aware of the cryptocurrency market and its trends. Moreover, the all-time high pricing of Bitcoins in November 2021 has been the highlight of every news article, drawing further attention from the investors.
But with the recent downward graph in the cryptocurrency market, most of you must be wondering how to retrieve the money or will you ever get the money back. Contrary to the misconception that the crypto market won’t turn around, the truth implies that the 2022 early half is the best time to invest in the crypto market.
Why invest in Bitcoin?
Even first-time investors know that Bitcoins are indicators of general trends in the cryptocurrency market. It is by far the biggest cryptocurrency with the highest market cap, which tends to dominate the market.
According to the present research, the experts believe that it is only a matter of time before Bitcoin will hit 1,00,000 dollars. Therefore, 2022 is ideally a lucrative time to invest in BTC. You should remember that the demand will be getting higher for BTC as it is approaching the halving period. New bitcoins will be coming into circulation soon.
Temporary downtime
The price range of BTC is quite low right now, and the entire crypto market is going through a down phase. But if you start doing some research on previous market crashes, you will notice that immediately after the down graph, there will come the upward phase of the curve in a few months.
- crypto exchanges and start watching the price movements daily. Statistical analysis of the graphs will aid in detecting the right times to invest and sell.
Check the graph gradients, which indicates that this downtime is short-term. Wait patiently, and you will see the money multiple in months.
The adoption rate is accelerating
Have you checked the global adoption rate of Bitcoin? It is increasing swiftly and you can find many exchanges and wallets online. But wallet numbers are just one part of the entire story. Even retail investors are glad to add BTC to their wallet, just like adding gold to the locker.
The exchange option will help you convert a part of the income into Bitcoin with no fees.
The savior to financial downfall
The Global Financial Crisis of 2009 has been the reason for the birth of Bitcoins. The backdrop of bank failures, quantitative easing, and government bailouts have been responsible for the immediate popularity of BTC. Unfortunately, maximum people ignored cryptocurrency.
A similar financial crisis showed up in 2021 amidst the Covid-19 pandemic. As Bitcoin sits in the macro environment, prominent investors are comparing the asset to the role of gold in the 1970s. Hence, it is going to be the start of a better financial era soon with BTC.
Demand- availability ratio
The cryptocurrency generation process runs on blockchain technology. Although cryptocurrencies are volatile, BTC is stabler than the other cryptos.
As the hardcoded limit of Bitcoin is 21 million coins, there will come a time when the supply will come only from the BTC holders. Imagine the price that can fetch you irresistible profit figures. Invest now but invest wisely to ensure maximum return.