For those of you who are bored with the same investment instruments, why not try investing in cryptocurrencies like bitcoin, which is currently trending?
Yep, over time the existence of Bitcoin is getting more and more popular. With the increasing popularity of Bitcoin, the profits that can be achieved are even higher because more and more investors are starting to look at this digital investment.
After receiving the green light from the Commodity Futures Trading Regulatory Agency (CoFTRA) as a legal investment instrument in Indonesia, more and more people are starting to invest starting small and even reaching more than hundreds of millions of Rupiah.
Why Bitcoin Investment is the Most Popular Investment Today
The popularity of Bitcoin is not arbitrary! Even though there were many rumors that were not wearing it because of the lack of socialization and insight of many people at that time, Bitcoin investment is actually quite safe and can be very profitable.
Here are other interesting reasons that make Bitcoin investment a popular investment instrument for Millennials today:
The price of Bitcoin can increase quite drastically. In just a matter of months, the value can penetrate the new all-time high. The price of bitcoin has increased by 354% in 2020 which makes it able to beat the returns of other financial assets.
Now it can be used as a means of payment in several digital transactions, although not many.
PayPal, which is also the largest online transaction payment tool in the world, already accepts payments with Bitcoin.
PayPal users can store and make transactions with Bitcoin on PayPal.
Can be used as a means of payment for buying and selling online for several international/overseas e-commerce such as e-Bay and Amazon.
Legal and safe. Because there is legal certainty about the permissible trading of Bitcoin in Indonesia, it makes investing in crypto assets safer according to regulations.