cryptoupdate
Contributor
The importance of security in the cryptocurrency ecosystem. While Bitcoin has proven to be a profitable store of value over time, the risk of security breaches is still a concern
Bitcoin has been traded for over 4,500 days, and data from Blockchain.com shows that hodlers of the cryptocurrency have experienced profitable days for more than 88% of that time. This contradicts the common belief that crypto is highly volatile and unpredictable. It proves that holding Bitcoin for the long term can be profitable, provided certain conditions are met.One of the critical factors that make Bitcoin a viable store of value is its hard limit on total supply. This means that there is a finite amount of Bitcoin that can be mined, which gives it scarcity and value. Additionally, its seamless global usability makes it accessible to anyone with an internet connection, regardless of their location...read more
