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Bitcoin Outperforms as a Premier Investment Asset

November 13th saw Bitcoin reach $16,415. A magnitude not reached since the infamous 2017 bull run. With prices of this level now coming in to play, Bitcoin is further cementing itself as one of the best operating assets and is continually outperforming the ‘safe haven’ investments we all love and cherish. With Bitcoins price hovering around the $16,000 mark, the market sentiment is now incredibly favourable. 

Since 2019, BTC has been the number one in the YTD ranking of returns in multiple asset classes such as gold, stocks and real estate. Not by a small amount though, but tremendous margins. Since last month the spot volume has risen more than 270% and the digital powerhouse is altering the way retail investors and big institutions view the world of digital currency. 

A great quote was shared by Cointelegraph to perfectly sum up the current market sentiment of BTC: 

“Looking for validation that BTC whales are confident in their assets? The number of addresses holding at least 10,000 $BTC has just matched a 2020 high of 111. Additionally, those with 1,000-9,999 $BTC are now just 6 below the ATH of 2,135 wallets.”

Knowledge is power

This universal quote has rung true throughout the world we live in. There is not one industry or skill this does not apply to and we believe building your knowledge within this cutting edge world of digital currency, will rapidly put you ahead of the curve. Like we always say, surrounding yourself experts and the right network of people, is one of the best steps you can take.

Luckily, we have this covered in our large Cryptocurrency Community which allows you to immerse yourself in a variety of crypto topics, such as BTC trading, Alt coin trading, news, articles and chart updates to name a few. Not only that but you have access to great minds within this space, which will be one of the most important factors in your cryptocurrency journey.

To ensure you don’t get left behind, take that first step and sign up using our 7 Day Free Trial 

Conclusion:

To ensure you don’t get left behind in the dynamic world of cryptocurrency, take that first step by signing up for our 7-Day Free Trial and connect with our large Cryptocurrency Community. This community provides access to great minds and a wealth of knowledge on various crypto topics, such as BTC trading, altcoin trading, and the latest news and chart updates. Surrounding yourself with experts and a supportive network is one of the best steps you can take in your cryptocurrency journey.

If you’re ready to further explore the potential of cryptocurrency mining, Mining Store offers a free 30-minute consultation to guide you. Our experts will provide personalized insights on mining bitcoin and using tools like the BTC mining calculator to optimize your setup. Whether you’re interested in ASIC mining or simply want to learn more about the market, Mining Store is here to support your journey and help you stay ahead of the curve.

Author: Henry Wright

Not financial or investment advice, always do your own research.

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