JRNY Crypto
When it comes to investing, many people think they don’t have the necessary income or start up savings to do it. This is the farthest thing from the truth when it comes to Bitcoin and Cryptocurrency.
It is in fact those that think they can’t afford it that should be considering an investing strategy for Bitcoin and Ethereum. For the price of a single cup of coffee per day, you could be setting yourself up for a future of financial freedom.
Even $1 a Day Makes a Difference!
When you think about it, $1 is nothing and most people don’t even know it’s possible to invest in Crypto with such a small amount. While $1 is possible, it’s better to sit down and consider an investment strategy that works best with your finances.
A couple days ago Max Kaiser stated on Twitter that Poor people should be buying Bitcoin, even if it’s just $1 per day. He also stated that those that took this same advice in 2011 and bought $1 per day of BTC are now millionaires.
Crypto Is an Inflation Hedge
A few days ago Paul Tudor Jones announced that he holds at least 1% of his portfolio in Bitcoin and considers it an inflation hedge that will protect him against the purchasing power of the dollar collapsing in the near future.
All the governments around the world are current printing trillions of dollars to prop up their economy during the pandemic. Thousands of businesses are taking out loans just to float by, millions are unemployed and the govt is planning more stimulus packages that will add trillions into circulation. If the quarantine continues past summer, the stimulus packages will need to continue and as a result, we will see inflation rates unlike ever before.
Many people are beginning to realize the purchasing power of their savings will soon be devalued and are looking for alternative ways to protect their money. Bitcoin was created for this exact reason in 2008 during the last recession.
I believe the world will soon wake up to Cryptocurrency and there will be a flood of retail investors into the space that causes new all time high prices.
