Is it a good time to buy Bitcoins now?

If you’ve been watching the news for the past month or so, you’ve probably seen a story or two about Bitcoins. Over the years this cryptocurrency has been a favorite among fans of Magic The Gathering and those who want to fulfill a chemical addiction without being caught by the authorities.

Every day, however, Bitcoins are entering the major markets and are ready to become a real alternative to the money issued by the government. On top of all this, the ever-growing “stock market” in Bitcoins, which today’s smart traders are turning into money. Would you be one of those traders these days? Will your favorite online store ever take on Bitcoin? Let’s take a look below to better understand why you should buy Bitcoins now.

Exchange rates are favorable, for now

Most people who choose to buy bitcoins do so because of the value of the investment. A little over a year ago, Bitcoin was worth about $ 40 each. Last month, the currency hit a high of about $ 206, and is currently holding steady at $ 100. Fortune is made by buying Bitcoins and selling them at the right time.

The Bitcoin mini bubble burst last month, which has scared away some novice investors; but this is a consistent fact. The important thing to note is that every time the currency is recovered it jumps to an even higher value. It is volatile; but very profitable. In addition, due to the limited number of Bitcoins, values ​​are expected to continue to rise in the near future.

New websites are taking on Bitcoins every day

What drives this growth, though? It’s not pure speculation, this would collapse Bitcoin like so many other cryptocurrencies of the past. Bitcoin survives and continues to grow because it is seeing adoption online. Today, it is limited to specialty stores. Online clothing stores, service providers (coding, design, etc.) and other “novelty” products make up the majority of Bitcoin adopters so far; but they are only the first wave.

Today, PayPal is trying to find a way to take Bitcoin in its current model, which could mean that the eBay partner is not far behind. This will lead to the explosion of online use of Bitcoin. But there is also an offline presence, with the first Bitcoin ATM opening earlier this month. Reddit’s content-sharing site had a post this week depicting a convenience store with a “We accept Bitcoin” sticker, the only thing holding them back is better implementation.

Bitcoin is still in the “Ground Floor” phase

However, the biggest reason you need to buy Bitcoins is because this currency is on the ground floor. All indicators indicate that the currency will have significant leaps in value and implementation in the near future. Those who have already invested in Bitcoin and are jumping into the near future will reap great returns on their investment.

Will you make a wise choice, or will you throw yourself into losing the next big thing?