Reasons to invest in Bitcoin in the midst of the Coronavirus crisis
1 min readCoronavirus extremely afectted world markets.But still is good to review the reasons for investing in Bitcoin, which is often nicknamed as digital gold. The Fokast information site, which focuses on all kinds of investments, has come up with an interesting survey involving leading investors and developers across the industry.
Coronavirus destroyed the world markets, but not completely
One of Stack’s chairmen, Matthew Dibb, said his reasons for investing in Bitcoin.
Dibb said:
If there is time to shine Bitcoin and if there is time to truly confirm its place and value, it is now. I hope he will show us in the coming months.
However, Dibb warns with a second breath that he has chosen a more long-term perspective. Markets must recover from the Coronavirus pandemic and regain their strength.
Bitcoin is now extremely cheap. It is a very good time to create some positions. Maybe he’ll look at $ 500 in the coming months. We don’t know… There is a lot of uncertainty in the markets. And it’s not just Bitcoin.
Nick Cowan, CEO of the Gibraltar Stock Exchange Group expanded his response with altcoins. It calls for those who have the potential to adopt.
Adoption will increase. Mainly because large institutions start using blockchain for their transactions.
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