The coronavirus pandemic swept the world by storm. In its trail, it left behind millions of people unemployed and businesses closing down left and right. Due to lockdowns, economies kept sinking and continue to experience historical lows. Despite all of these, blockchain investments continued to be profitable throughout the pandemic and even experienced tremendous growth.
Learn why this digital asset management solution and investment tool is the best way to protect your wealth during a crisis.
COVID-19 Made Traditional Investments Crash and Burn
Halifax, a leading mortgage lender in Britain, recently forecasted that house prices in the UK can fall by up to 5% in 2021. This is due to the continuous threats of COVID-19, unemployment, and Brexit.
Worse, market crashes aren’t exclusive to the UK. McKinsey reported that as of April 2020, the value of real estate assets fell 25% in most sectors. As a result, investors became hesitant because of the incredibly negative financial outlook.
On top of that, the US 2020 stock market crash last February. This became known as the Coronavirus Crash, and it triggered the COVID-19 recession. This led to many people losing jobs, and consequently, affected spending behavior. As a result, the real estate industry saw a significant decline in investments. Furthermore, investors were also heavily impacted across the value chain.
Blockchain Profits Increased During the Pandemic
In contrast, the blockchain and cryptocurrency investments maintained profitability— and even grew in value— despite the pandemic.
In November 2020, it was reported that Bitcoin reached US$19,000. It hit its highest price ever by the end of the year at $29,388. It continues to climb in 2021, with even greater value projected by finance experts.
The COVID-19 lockdown also turned out in favor of the space. Imposed physical distancing affected spending among consumers, with many preferring online, cashless payments.
The popularity of cryptocurrency and Bitcoin continues to rise. As a result, more people are now asking and searching, “what is blockchain anyway?” There has never been a better time to start investing in the blockchain.
The Blockchain is Going Mainstream
For investors, interest in the blockchain cryptocurrency is surging. One reason is that this non-traditional digital asset management solution is becoming mainstream, with the world’s biggest companies leading the charge:
- According to Forbes, former Goldman Sachs Fund Manager Raoul Pal reportedly moved 25% of his portfolio to Bitcoin.
- Payments company Square has officially announced that customers can deposit Bitcoin directly to their accounts via its mobile app.
- Fidelity Investments, a financial services company based in the United States, even launched its first Bitcoin fund. Fidelity believes in the future of blockchain technology and has allowed Bitcoin to be more accessible to investors.
Protect Your Financial Future Through Blockchain Investments
The pandemic caused financial markets and investors to be more cautious than ever. Contrary to what most people think, this creates the perfect opportunity to secure your future by investing in the digital asset blockchain.
With Key Coin Assets, you can generate a 40% ROI without ever leaving the safety of your home. Enjoy peace of mind knowing you can grow your wealth through any crisis. Contact us NOW at 843-886-9547 and start investing in yourself!