Unlike other freely tradable assets such as stocks and bonds, #Cryptocurrencies offer a great opportunity for investors that want to engage in less risky and more profitable investments. An #Investment analyst from Saxo Bank in Denmark correctly predicted in December 2016 that the price of each Bitcoin will be more that $2000 in 2017. He also recently predicted that the price of one Bitcoin would cost $100,000 in the next decade, a rise of 4,400 percent from its current price level of $2,409.

Below are four reasons why the price of cryptocurrencies such as Bitcoin will continue to rise in the future.

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They are recession proof

Unlike #Stocks, the price of cryptocurrencies can withstand a recession. During a recession, the prices of most stocks will reduce because investors will be expecting fewer dividends from companies they have invested in because of a reduction in businesses sales and profits.

Most cryptocurrencies are affordable

Examples of affordable cryptocurrencies with high market capitalization right now are, Ripple whose current price is $0.303, NEM whose price is $0.224, the price of Bytecoin is $0.003, Stellar Lumens costs $0.039 while Dogecoin costs $0.0029. In mid-2010, the price of one Bitcoin was as low as $0.05; its current price is $2409, an increase of 4,849,320 percent.

Their supply is limited

Just like minerals such as gold, the production of cryptocurrencies have been limited by their developers which mean that once a certain amount of a cryptocurrency has been produced and is in supply, its production will stop.

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It will thus reach a time when the number of cryptocurrencies in production will be little, but its demand will be high. Most miners have already begun complaining that the mining of cryptocurrencies such as Bitcoin is becoming harder since the creation of new currencies continues to reduce. Supply and demand mostly determine the price of any asset, and as the supply of new cryptocurrency continue to reduce, its price will gradually increase. Bitcoins, for example, has a current supply of 16.3 million. Its supply is capped to 21 million which means that once 21 million Bitcoins are in supply, the introduction of new bitcoins will stop.

Very few people around the world know how to buy or mine them

Only a few individuals around the world have enough information about cryptocurrencies. Hedge funds are hesitating to buy the currencies since a central body does not regulate them and as awareness of cryptocurrencies continues to increase, so will their acceptance, demand, and price.