Will Bitcoin touch $100K?

Bitcoin continued to make strong up moves over the last two weeks. Investors believe that this is the start of a much bigger rally and the alpha cryptocurrency will continue giving much higher returns over the coming weeks. This article will help us understand why Bitcoin might end up giving higher returns from its current levels and whether it is a good investment or not. For investors who are newly venturing out into the world of cryptocurrencies, we would also be showing you how to easily buy Bitcoin in Canada and get started on your investment journey.


Let’s get started with understanding why Bitcoin is yet one of the best investments available in the market today.

In 2008 when Bitcoin was first introduced, the concept of cryptocurrencies and blockchain was alien to every individual. 13 years later we have seen Bitcoin grow and become one of the most valuable assets in the financial industry and in the interim we have seen an appreciation of a whooping 31,200 % in the cryptocurrency’s price since inception. Even to this date, the majority of our population believes that cryptocurrencies are a bubble and aren't the future of finance but smart minds are slowly accumulating them and preparing for a wealthy retirement. Bitcoin was the first to start the whole blockchain revolution and since then many other cryptocurrencies have followed. What makes Bitcoin unique is that there are only 21 million Bitcoins in circulation in the market which will automatically inflate the price when demand increases.

At the time of writing this article, Bitcoin is priced at $45,100 and is getting closer to its all-time high of $65,000 which it made earlier this year. Analysts strongly believe that we might see $100K levels in the cryptocurrency by the end of this year which makes it an exciting prospect and a must-have in one’s investment portfolio.

How do I get started with trading my first Bitcoin?

To get started you need to first pick out a reliable broker who will help you execute your transactions. I would personally recommend Netcoins who are known to be the best brokers in Canada. Bitcoin trading can get very confusing and that is where Netcoins steps in, their trading platform ensures that the user has a seamless experience on every trade executed. All you need to do to get started is log on to the Netcoins website and follow these instructions. Firstly you need to register yourself on the website and open an account, secondly, you need to fill in your details and lastly, you need to deposit money into your wallet and begin trading.

Afraid of volatility? Here is what you should do.

Most investors shy away from the cryptocurrency market looking at the volatility factor. If an investor is wanting to invest in the market but is afraid of doing so then they should look at an alternate cryptocurrency termed as stable coins. QCAD is one such example of a stable coin and if you are wondering how to buy QCAD in Canada then visit the Netcoins website and get started today.

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