Bitcoin has gone mainstream and you don’t want to be left behind.
If you bought a $ 100 bitcoin at 10 cents on October 10, 2010, you could buy 1000 bitcoins. Today, that same investment would be worth an incredible $ 55 million (R 853 million).
Bitcoin has followed a remarkable trajectory ahead of other investments including stocks, real estate, and commodities. Bitcoin ended 2020 with only $ 29,000 (R420,000). As of now, in 2021, the price has nearly doubled to around $ 55,000 (R860,000) as it benefits from growing institutional adoption.
Some market observers have linked the rise in bitcoin prices to strong demand from buyers seeking to hedge against market inflation.
“This is by far the most efficient asset in the last decade,” said Sean Sanders, CEO and founder of Cape Town-based crypto investment platform Revix, backed by JSE-listed Sabvest.
What drives these revenues?
Most recently, the price was driven by high support. Bank of New York Mellon said it will provide custody services for cryptoassets, citing growing demand from customers.
Mastercard also announced in February that it will begin offering cryptocurrency support on its network this year. And Tesla announced that it bought $ 1.5 billion worth of bitcoin and will soon begin accepting that currency as payment. Investors invest in the bitcoin and cryptocurrency market every day, and an estimated 180 million people worldwide use cryptocurrencies.
“We wondered what needs to be done to catapult cryptocurrency into mass distribution, and over the past few months, we seem to have found some answers,” says Sean Sanders. “To say that the past year has been one of the most important in the history of cryptocurrency would be an understatement.”
“For those of us who have been working full-time in crypto for several years, a lot of what happened in the past year seemed inevitable. We have always believed that large institutions like PayPal would help normalize cryptocurrency for everyday use, and institutional investors would turn to this new asset class, ”says Sanders.
“What’s remarkable is that it all seems to be happening at the same time. It becomes a reinforcing cycle when positive usage news – such as PayPal’s entry into the crypto space or Tesla’s optimistic view of cryptocurrency – forces other prominent payment institutions and financial companies to do the same. “
Where from here?
The entire crypto market, which has grown + 120% this year, outpacing Bitcoin’s 98% gain, now totals nearly $ 1.8 trillion, just below the value of the world’s most valuable company, Apple.
“Although cryptocurrency has been around for over a decade, it is still ‘new’ in the general scheme of things, and for many it is still an unknown investment class. At the same time, cryptocurrency will continue to evolve. The way we use it, how we invest in it, and the various things it can do, will constantly change and expand over the coming years.
“In the coming months, we expect large banks to launch cryptocurrency custody services, and brokerage companies open up access to crypto products so that more retailers display ‘We accept cryptocurrency’ signs, large institutions will build major applications on public blockchains – and we expect investment conversations to moving from “Why should I invest?” to “Why haven’t we invested yet?”
“As with all new technologies, the path of cryptocurrency will continue to have its ups and downs. Price corrections are to be expected, which is great. But one thing is becoming clear: the cryptocurrency is arriving now, and the time to get ahead of the cryptocurrency’s massive breakout is starting to dwindle. The next six months are likely to be a game changer. ”
He continues, “In just 11 years, Bitcoin has gone from nothing to an impressive wealth creator. For now, whether the prices of the moon are falling, stagnating or correcting, cryptocurrency cannot be ignored in an increasingly dysfunctional global financial and monetary system.
“The growing involvement of major players in the financial services industry supports the resilience of the asset class and confirms the involvement of others. I think the bigger players are better at understanding that buying bitcoins and including them in their portfolio is a store of value, an inflation hedge, digital gold, or a digital form of money. This is much better suited to the digital world we live in today, compared to historical vaults such as gold, which would certainly be much more applicable to a world characterized by physical exchange.
How to invest?
Buying the JSE Top 40 Index is a proven way to spread risk through diversification and profit from the 40 largest listed companies.
Revix offers the same in the booming cryptocurrency market. Registration is simple, minimum investment is R500, and there is no monthly fee. You can sell your cryptocurrency investments at any time and withdraw your funds. There are no blocking periods as is the case with other investment funds.
You have a choice of three cryptocurrency “packages” (similar to mutual trusts).
Each of the Revix packages has generated exceptional profits since the beginning of the year, and most of them have surpassed the investment in Bitcoin alone.
What does Revix offer?
Revix offers 3 cryptocurrency packages to reduce the amount of research you need to do on each individual cryptoasset with our proprietary software and package methodology to ensure you always have the best performing assets in your portfolio by rebalancing our packages monthly …
The Top 10 package is similar to the JSE Top 40 or S&P 500 for cryptocurrencies and provides equal-weighted access to the top 10 cryptocurrencies with over 85% of the cryptocurrency market.
The payment bundle provides equally weighted access to the 5 major payment-oriented cryptocurrencies looking to make payments cheaper, faster, and more global. These cryptocurrencies include Bitcoin, Ripple, Bitcoin Cash, Stellar, and Litecoin.
The smart contract package provides equally weighted access to the 5 major smart contract-focused cryptocurrencies such as Ethereum, EOS or Tron, which allow developers to build applications based on their blockchains, similar to how Apple builds applications based on its operating system.
The Revix packages only surpassed the investment in Bitcoin over periods of 1, 3, and 5 years.
Did I miss something?
“As with all emerging sectors and technologies, the cryptocurrency path will continue to have its ups and downs,” Sanders says. “Price adjustments are a natural part of any investment market and are especially natural in the crypto ecosystem. But one thing is clear: the cryptocurrency has arrived and the time to get ahead of the massive cryptocurrency breakout is starting to run out. “
To learn more about Revix packages, visit www.revix.com.
This article is for informational purposes only. The opinions expressed are not and should not be construed as investment advice or recommendations. This article does not constitute an offer or solicitation to buy or sell any of the assets or securities mentioned here. You should not invest more than you can afford to lose, and before investing, please consider your level of experience, investment objectives and seek independent financial advice if necessary.
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