Amid the euphoria surrounding Bitcoin's new record price, it is difficult for other cryptocurrencies to gain investor attention. Experts are unanimous: Bitcoin is the asset that should be in every cryptocurrency investor's portfolio. However, with a new record price of US$ ≈100 thousand, it is important to carefully consider the time to enter.
What to expect from the Bitcoin price in 2025:
The general outlook for Bitcoin is optimistic for 2025. This year ending, the cryptocurrency has experienced its fifth halving, which is an event in which the remuneration of the asset's miners is halved, which creates a shortage in the supply of BTC and tends to raise its screen price.
About supply and demand:
Supply and demand are economic concepts that refer to the quantity of products or services that are available and the quantity that consumers are willing to buy. The relationship between these two factors is fundamental to understanding how markets work and how prices are determined. Supply is the quantity of products or services that producers are willing to sell at a given price. Demand is the quantity of products or services that consumers are willing to buy at a given price. Bringing this idea to the cryptocurrency market, it is clear that the demand for Bitcoin will be greater, its growth will always be exponential, even with declines.
Other cryptos can surpass Bitcoin's price:
It is possible in the long term, but very difficult. Bitcoin's main competitor, Ethereum, with an estimated value of approximately BRL 23,000, is far behind Bitcoin, with an approximate value of BRL 600,000. Other cryptos such as SOL and BNB continue to appreciate every day, but are still far behind our giant BTC.
How this affects Brazil:
In simple terms, Brazil is experiencing a devaluation of the real. In other words, it is inversely proportional to cryptocurrencies, while the tendency for cryptocurrencies to appreciate, the real only depreciates. So it is a good idea to start investing as soon as possible.
Invest now:
It is possible to start investing in cryptocurrencies, not only in Bitcoin but in other cryptos as well. The market grows every year and it is possible to make passive income with cryptos. We know that it is a long-term investment, but it will give a return (possibly).