Chances are that you will be reading this article following the latest frenzy of Bitcoin value jump that saw it just shy of the $20,000 mark. Now you are trying to find reasons to invest in this cryptocurrency and the blockchain technology. Here are some of the reasons you need to:

MORE TO COME

The first thing lots of people think, when they hear of the existing price, is they are too late and people who are still buying Bitcoin are just jumping the bandwagon. In Crypto Recovery , with years of mining to come and the currency continues to be in infancy (more like teenage years), the worthiness of it is still to go up and it is a sound investment.

AUTOMATED TECHNOLOGY

Blockchain is not just about cryptocurrency. It is the future of supply chain and fighting counterfeiting. Super smart protocols such a DAO (Decentralized Autonomous Organization) and Smart Contracts are a few things to stem from blockchain that automate workings of a business and transaction of money.

SECURE

Every day people are robbed and bank heists are done. Bitcoin and Blockchain means that the amount of money stored in your digital wallet is at a security level that is extremely safe than the virtual number depicting your money in your local bank.

SAVING MONEY

Ever had the bad experience where you need to send some cash to the other side of the planet and the amount of costs for currency conversion, opening Letter of Credits, banking charges etc. made you cringe? Bitcoin eliminates all that. Since there is no banking system with regards to cryptocurrencies, there is absolutely no intermediary like a bank. It is possible to avoid each one of these excessive charges by sending money directly to the intended recipient.

TIME IS MONEY

Did we mention it is possible to send the amount of money directly yourself? That saves you the time since you do not have to fill in forms and applications. Just require the receiver’s public address and click away the required amount.

NO INFLATION

Since Bitcoins are limited in number (only 21 million will ever be produced), the value of this cryptocurrency cannot be devaluated as the limited supply but an increasing demand means that it is self-floating currency. No inflation translates to an excellent investment.

YOUR OWN