Buy Rolex With Bitcoin 5 April 2021 – Posted in: Uncategorised – Tags: bitcoin, crypto, cryptocurrency, rolex
So many people have made money with Bitcoin and other cryptocurrencies and they are all wondering the same thing…
When is the crypto bubble going to burst?
Should I get out now and take my profits?
What if I get out and the price keeps going up?
All valid questions, and literally nobody knows the answers. So what do you do?
Bitcoin or Rolex – which is better?
Well, one way to look at it is this. If you were lucky (or shrewd) enough to have put £1000 into Bitcoin 2 years ago, that investment would now be sitting at around £20,000 – a 20x return! Which, at current prices is Rolex Daytona money.
Now imagine that somebody offered you a genuine Daytona in 2019 with box and papers for £1000 – what would you have said? Put like that, it’s a no-brainer. Sure, the price could carry on increasing – it could also crash tomorrow.
Crypto is either the new gold or the next dot com bubble – and nobody knows which. It only has value because people assign a value to it. There is no intrinsic value in Bitcoin at all. It doesn’t exist in any form other than on a computer screen and if all of the whales who have on paper made billions out of it decide to cash out, the price will fall like a stone.
For what it’s worth, I believe crypto is here for the long term and the value will continue to grow as more people and organisations around the world accept it and embrace it in their day to day business.
But if you want to get a super-nice, ultra-desirable and highly sought-after Rolex watch for Tag Heuer money, you can use your Bitcoin with us and buy your dream watch. And just maybe, if the price crashes in six months, you are left looking like the cat that got the cream.