Over the last two months the price of Bitcoin (BTC) has risen from $4,000 USD to be currently sitting at (at time of writing) $8,238.68 USD +2.40%.
If you are new to the investment arena and only just starting your investment journey there is a much more profitable way you can be earning money, rather than just buying Bitcoin outright.
How Does Bitcoin Investing Work?
To make the most out of your investment in Bitcoin you need to be mining Bitcoin.
Bitcoin Mining, opposed to buying Bitcoin outright, is the most profitable way you can earn money on your initial investment. Mining Bitcoin offers you a long term investment giving you the opportunity to start making a passive income, or a side hustle for a hobby your interest, such as travelling.
Bitcoin miners all over the world are cashing in on the recent price hike of Bitcoin, making thousands of dollars of profits. Other Bitcoin miners are choosing to HODL their coins, being in no rush, for a later date when they believe the price of Bitcoin will skyrocket past the $20,000 USD mark that was seen in the last bull run in 2017.
It has been suggested that the next Bull Run will be “biblical”. Unlike the last Bull Run, there is now a wider variety of options available for investors and institutions, in order to gain exposure in the crypto market.
Tim Draper has forecasted that the price of Bitcoin will reach record highs of $250,000 USD by 2023. Draper further states that,
“It’s going to keep going because I’m a believer that in four years, something like that, bitcoin will be about a 5 per cent market share of the Earth.”
Draper further predicts that Bitcoin will soon be used as a routine form of payment and explains Bitcoin as,
“One of the greatest technological advances that humanity has ever seen.”
Is It Too Late To Make A Lot Of Money By Investing In Bitcoin?
No, most definitely not. However, the sooner you start the better off you will be. NGS Crypto is the leading global company offering mining packages at affordable entry levels.
By mining Bitcoin through NGS Crypto your investment is risk free, and you will make a minimum of 12 per cent per annum on your initial investment.
How is it risk free you might ask? Through guaranteed returns and your initial investment amount is paid directly back to you at the end of your 36-month Initial Mining Agreement.
All returns are paid out DAILY in Bitcoin into your NGS Crypto account, giving you the option to either withdraw those profits or to HODL your Bitcoin for a time such as now when the bull market is upon us.
Bitcoin Cryptocurrency In Superannuation SMSF
NGS Crypto is the only Australian cryptocurrency mining company to be approved by ASIC and the ATO in the Superannuation arena, giving you the unique opportunity to start a crypto super fund.
If you decide to use your self-managed superannuation fund through NGS Crypto you are guaranteed returns of a minimum of 12 per cent. This works the same way as investing in a mining package, again with all returns paid out in Bitcoin. This gives you the option to withdraw or HODL your Bitcoin, so when the price of Bitcoin skyrockets, like it is now, you can essentially double up on your returns.
What is your Superannuation Fund currently making for you?
If you would like to talk to one of NGS Crypto’s representatives contact the team today for a fuss free run down on how you can get up and mining today without the technical know how.