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Know how much is R $1000 in bitcoins today is a simple and practical procedure. After all, thanks to currency conversion systems, investors can access this information quickly. Check it out below. 

How much is R $1000 in bitcoins

Before investing in cryptocurrencies, most people usually ask themselves what these assets are currently worth. There are several conversion platforms that make life easier for investors.

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Know how much is R $1000 in bitcoins is simpler than it sounds. Investors can find out any value using converters. Anyway, in general terms, the current price of BTC is 0.00001112.

In other words, today one thousand reais is equivalent to 0 bitcoins 01 BTC. It's important to note that the reference rates can change at any time. The values are automatically recalculated on these conversion pages, so just go there to find out the current values. 

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How much is R $5000 in bitcoins?

There are big differences between savings account investors and bitcoin investors, especially when compared to the beginning of 2020. Today, savings accounts are not recommended for investors, as the yield is low. 

If you invested R $5,000.00 in your savings account at the beginning of 2020, for example, the money increased to R $5,106.00. On the other hand, if the investment was made in bitcoins, the return reached R $27,900.00. 

How price variations occur

Investing in bitcoins is considered a form of variable income. After all, unlike fixed income, there is no predictable return on investments in cryptocurrencies.

This is because the crypto investment market is based on supply and demand, which can vary throughout the day. In other words, the more people believe in and see value in investing in Bitcoin, the higher the pressure will be. 

On the other hand, the opposite is also true. In other words, the more people who are interested in selling these assets, the lower the price for distributing bitcoins on the market. The result is a drop in the price. 

How to calculate the profitability of cryptocurrencies

Investors need to calculate the net profitability of cryptocurrencies in relation to inflation. The indicator is calculated and published monthly by the Brazilian Institute of Geography and Statistics. 

In other words, if the investor wants to preserve capital or increase assets, this percentage must be deducted from the gross return. It is worth noting that each investment bracket has a tax bracket. 

To calculate the return on cryptos, the first step is to find the return on the investment by subtracting the value of the investment. Then divide the return by the initial investment to find the yield. 

How to find out if I'm making a profit with cryptocurrencies

Some investors have doubts about whether or not they are making a profit on their crypto investments. The truth is that finding out how profitable your investment is is simple. Check it out below:

  • First of all, write down the amounts invested in BTC, as well as the number of coins purchased;
  • If you have made more than one contribution, the next step is to calculate the average price of this market; 
  • If the average price is lower than the current value of BTC, investors are making a profit;
  • On the other hand, for investors who have made a loss, it is recommended that they continue to buy periodically in this market, always looking for the average price. 

Is it worth investing in bitcoins

Although most people don't think so, it's still worth investing in bitcoins. After all, the potential for adoption as a store of value and medium of exchange is enormous, and it's an excellent form of investment. 

On the other hand, bitcoins do not yet have a payment system base, which means that the price can fluctuate. The all-time high reached by this cryptocurrency in the world was 65 thousand dollars. 

What's more, due to the high volatility of the market, the appreciation that occurs in any time window is higher than gold. The value is also higher when compared to company shares or real estate. 

Before starting to invest in the cryptocurrency market, investors need to know their investor profile. That way, they understand the level of exposure to the market's risks. There are several reasons to invest in cryptos:

  • Exponential membership: This is the number of users measured by active network addresses, or exchange clients. It is worth noting that the number of users continues to grow in the market;
  • Scarce currency: Another characteristic of BTC is that it is the first asset to replicate the concept of scarcity in the digital environment. The total limit of bitcoins is 21 million units, issued in decreasing numbers; 
  • Lighting Network: The second layer, known as the Lighting Network, allows users to make instant transactions at no additional cost. 

What are the advantages of investing in Bitcoin?

Before investing in these assets, investors need to know the main advantages of bitcoins. Check them out below:

  • Agility: Nowadays, there is no faster way to transfer money than between two individuals, and this is exactly what happens with bitcoins. Assets can be bought and sold in just a few minutes, anywhere in the world;
  • Cost: Another advantage of bitcoins is their cost. There is no cheaper way to send and receive cryptocurrencies than this. This procedure takes place at any time and place in the world; 
  • Security: The security of bitcoin transactions is another great advantage of this market. This is because all the information is stored in a system that was born alongside Bitcoin, known as blockchain; 
  • Independent: Bitcoins are independent third-party currencies, meaning that you don't depend on any bank, company or body to custody or transfer the cryptocurrencies;
  • Privacy: Another advantage of bitcoins is that investors are assured of their financial privacy. Because of their decentralized nature, no wallet is able to confiscate the values for third parties;
  • Inflation protection: Last but not least, the cryptocurrency market offers inflation protection. In this way, investors maintain the purchasing power of the asset. 

In short, these are the main characteristics of cryptocurrencies, which explains the popularity of these assets on the market.

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