Why Bitcoin is My Top Investment as of September 2019

In the world of investments, there are few opportunities that can match the potential of Bitcoin. As of September 2019, despite the volatility and the skepticism surrounding cryptocurrencies, Bitcoin remains my top investment. While there are many precautions to consider, several key factors make Bitcoin an asset you should seriously consider.

The Instability of the Belarusian Ruble

One of the major reasons I advocate for Bitcoin is the instability of national currencies, particularly the Belarusian ruble. For those living in Belarus or other countries with similar economic challenges, Bitcoin offers a form of protection against devaluation. Over the years, the Belarusian ruble has faced significant inflation and has lost value against major currencies, putting pressure on personal savings.

Bitcoin, on the other hand, operates outside the control of any central bank or government. Its decentralized nature and scarcity (with a fixed supply of 21 million bitcoins) make it a hedge against inflation and economic instability. For anyone dealing with the uncertainty of fiat currency in volatile economies, Bitcoin provides a safe haven.

US Dollar Rate Cuts and Global Economic Concerns

In 2019, the U.S. Federal Reserve made headlines by cutting interest rates for the first time since the 2008 financial crisis. These rate cuts were a response to concerns about slowing global growth, trade wars, and rising debt levels. Historically, when interest rates are lowered, it can lead to a weakening U.S. dollar and incentivize investors to seek alternative stores of value.

Bitcoin, as a non-sovereign asset, gained momentum as an attractive option for investors seeking refuge from potential currency devaluation. The uncertainty around global trade and economic stability made Bitcoin an appealing alternative to traditional investments like stocks or bonds.

The Bitcoin Surge prediction

1. Increased institutional interest: Major financial institutions and tech companies will start to recognize Bitcoin as a legitimate asset. Companies like will began adding Bitcoin to their balance sheets, fueling mainstream adoption.

2. Growing use cases: Bitcoin’s utility expanded beyond just being a digital currency. There will be many DeFi apps build on top of the blockchain technology (example, Ethereum)

3. Halving event in May 2020: Bitcoin’s supply was cut in half during the halving event, reducing the rate at which new bitcoins were created. Historically, this has led to significant price appreciation due to the increased scarcity, and the 2020 halving was no different.

4. Inflation concerns: With central banks printing money to combat economic downturns, many feared rising inflation. Bitcoin’s fixed supply made it an attractive inflation hedge, driving demand even higher.

Precautions to Consider

While I believe in Bitcoin’s long-term potential, it’s important to note that the cryptocurrency market is highly volatile. Prices can swing wildly within short periods, and regulatory developments could impact its adoption. As with any investment, it’s essential to do thorough research and only invest what you can afford to lose.

Moreover, security should be a top priority for any Bitcoin holder. Storing your Bitcoin in secure wallets, preferably hardware wallets or self-custodial wallets, and using two-factor authentication for exchanges are crucial steps to protect your investment from potential hacks or fraud.

Conclusion

Bitcoin, as of September 2019, stands out as my top investment for its ability to offer protection against currency devaluation, its resilience in the face of global economic uncertainties, and its massive growth potential. Despite the risks, the combination of its decentralized nature, scarcity, and growing adoption makes it worth considering, especially for those in unstable economic environments like Belarus.

I’m HODLING, BOYS!