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I get that question from friends and family alike. To me, purchasing bitcoins is always a good thing; Bitcoins purchase as a good long term investment. Is bitcoin a good investment? So, is bitcoin a good investment?
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Many people invest in bitcoin simply by purchasing and holding the cryptocurrency.
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These are the common questions that my clients and subscribers ask lately but now i think it is time for me to share some of my thoughts so that you can make a better judgement concerning the misinformation about bitcoins.
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At the same time, when doing so. Many people invest in bitcoin simply by purchasing and holding the cryptocurrency. You can no longer afford to neglect once you've purchased your cryptocurrency, you can leave it on the exchange platform or transfer to a wallet. But i am always afraid; Smart investing is about balancing risk and reward.
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A look back at 2020 performance.
A distributed, worldwide, decentralized digital money. Next, the analyst asserted that cryptocurrencies are attractive because there is still very little correlation between them and traditional investments. Like any peril, purchasing bitcoin is a dangerous business, but it is still especially a bet. Bitcoins purchase as a good long term investment. Bitcoins are a good investment if holding for long term. Again, you can't simply hold it in a brokerage account or a bank account. Is bitcoin a good investment? When being involved in the crypto. With such substantial roi in the past, investors often wonder if bitcoin is a good investment still in the long term or if the best gains are in buy and hold. Should you still buy it now at this price? Institutional investors haven't yet started to put money into bitcoin on a large scale as was widely predicted, and the number of places. Start with our guide to learn more and make your own judgment. During bull markets, the long term bitcoin holders hoard the supply in anticipation of a major price increase.
