Over the past year, the quotes of the main digital coin have increased by more than four times. In April 2021, the value of the virtual currency at all marked a historical record, almost breaking the $ 65,000 mark. However, now Bitcoin is going far from its best times, forcing investors to doubt the feasibility of investing in the first digital coin. At the same time, analysts of the crypto market are much more positive and confidently declare that BTC has a long and bright future ahead.
According to experts, at the moment, the virtual currency market and the crypto economy are at the initial stage of development. Thus, they urgently need a clear infrastructure, uniform regulatory rules, and a clear legislative framework. In addition, the high energy consumption and the lack of blockchain specialists of the required level are serious constraining factors for the industry. However, the most important reason for the crypto market is still the use by giant global companies and large banks of the international payment systems SWIFT, VISA, etc., that are familiar to them.
At the moment, the capitalization of the securities market is $ 80 trillion, the gold market is $ 13 trillion, and digital assets are $ 2 trillion (about 2% of the total capital market). And to occupy a worthy place in the general list of assets, BTC should belong to about 5-6%. And here, experts believe, bitcoin has all the reasons to reach the desired level, first of all – support from financial institutions, exchanges, and miners. At the same time, the more vigorously the infrastructure is developed, the more actively the value of the coin will increase.
As for the question of the expediency of buying bitcoin, most analysts of the crypto market confidently assure: "Feel free to buy both bitcoins and altcoins." However, such a step will be rational only in the case of long-term, several-year-long investments. Short-term investments in the conditions of the high volatility of the digital coin market are extremely dangerous, even taking into account the frequent updates of historical records by bitcoin.
Today, the main buyers of virtual currency are institutional investors and large funds. Their investments in digital assets confirm the confidence in the crypto market and support its permanent growth.