Introduction

We are living in a world where the centralized financial system has faced several crises over the decades. Even after meeting the crisis, they are yet to learn any lesson. This is the reason why today's new generation is looking for something new to attain complete financial security.

A report made by Statista showed that more than 43% of the younger generation are aware of the existence of cryptocurrencies. Most of them are willing to invest in cryptocurrency to attain financial security out of those young generations.

Over the past decade, one thing has been certain that Bitcoin will be in the market for quite a long time. No matter what other traders and investors have to stay, Bitcoin has proven its merit and credibility in financial markets. 

For instance, when COVID 19 hit the world, people became afraid of losing all their crypto assets. This resulted in a record level liquidation of the digital asset. The price of the Bitcoin dropped to $3000. What happened after that? The people who sold their Crypto assets in the pandemic regretted their decision after seeing Bitcoin climb to astronomical heights in late 2020.

After observing Bitcoin's performance, we can safely say that Bitcoin investing and financial security go hand in hand.

Bitcoin In The Form Of Emergency Fund

We all have a secure investment that holds our emergency fund in case we face any financial crisis. But are you sure that you will be able to liquidate that fund? Seeing how the fiat currencies have performed in the pandemic, we don't see that happening. With shut down industries and a limited supply of fiat currencies, the world's economy took a huge dent.

But what if we say it would have been different if you had kept your emergency fund in the form of Cryptocurrencies. It will be wrong to say it is safe and secure, but if we are getting the same results from both digital and fiat currencies, why not try the possibilities.

On the plus side, you will be able to liquidate your Crypto assets 24x7, which is far better than the fiat currency, where you have to wait for several days.

Hedge Against Inflation

We all know that with time fiat currency faces inflation. That means the value we have stored in the fiat currency might not be the same in the next couple of years. Knowing this, are you still willing to invest in traditional assets as your financial securities?

The rate of inflation increased at the time of the crisis. This can be seen in the form of the US dollar, constantly hitting the red mark. This is because of the reason that they have kept printing the money even in the pandemic.

Traders and investors have sensed the future inflation and have started shifting all their assets to the Cryptocurrencies. This shows how today's market goes hand in hand with bitcoin investing when it comes down to financial security.

Tracking The Financial Flow

● Are you aware of the expenses you have made over the last couple of months?

● How are your assets performing?

● What about your bonds?

It is very hard to track every investment. This might affect your efficiency with the investment. You might miss out on the right time to make the right decision. Well, can we call it financial security?

However, with the Bitcoin Investment, you can track every transaction. There are several apps that let you view every aspect of the Crypto trade. It also notifies you when there is a good opportunity to make trades. Hence, you cannot omit out the existence of Bitcoin in financial security management.

Shiting Your Portfolio

One of the major problems with traditional investment plans is that you cannot shift your portfolio easily. You have to wait until the tenure of the investment plan is over to shift the portfolio. But with the Cryptocurrency investment, you can change your portfolio at any given time. That means, if you can sense that the price of the Bitcoin is about to drop, you can shift your assets to other Cryptocurrencies. This provides a lot more flexibility with financial security compared with the traditional investment plans.

The Bottom Line

Bitcoin investments have become quite popular over the last couple of years. Even during the pandemic, the price evaluation of Bitcoin has been on a positive curve. The way the price of Bitcoin is increasing, experts believe that the time is near when it will reach a $20K milestone. 

If you want to be part of the second successful bull run, try using the BitSignal to start with your first Bitcoin investment.