Many experts still see great potential in it as a digital asset. However, whether you should invest in Bitcoin depends on your individual trading goals and expectations.
Bitcoin is a unique cryptocurrency that is becoming increasingly popular as an asset due to its limited inflation rate.
Since its debut in 2009, Bitcoin has been a topic of hot debate. Some hail it as the future of currency, while others point out its volatility and lack of regulation.
Some experts predict that Bitcoin’s value will increase over the next few years, other economists forecast that Bitcoin will eventually blow up.
If your risk tolerance level is low or you do not have the financial means to invest in Bitcoin, it is best to avoid investing.