Bitcoin BTC and Crypto

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Bitcoin is cryptocurrency that has exploded in recent years. There are many risks to investing in Bitcoin, such as security risks and hacking risk. However, the rewards of Bitcoin are high too, with the potential for growth in value and abundance of earning opportunities.

Bitcoin and cryptocurrency is a new twist on the traditional way of handling money. People are excited about this new technology because it offers a level of anonymity that most other currencies don't. The boom in cryptocurrency has been fueled by the realization that this currency offers people more privacy than most other currencies. There is no central bank that controls how much is in circulation, which means its value is not subject to inflation or government interference.

Bitcoin's popularity has made it one of the most volatile assets in the world. Bitcoin prices are affected by public sentiment, changes to the Bitcoin network, and market stimulation techniques by governments. The safest way to invest in Bitcoin is through a diversified portfolio that includes other assets like stocks, bonds, and cash. Especially if you are a beginner and want to test the water. Alternatively, there are BTC ETF’s that you can safely purchase from your broker. Warning - you will not own your BTC this way as they are held in custody by the broker.

Should you buy bitcoin or not? Is there a way to get rich? Absolutely, if you have time to watch the markets daily and swing trade, I’m sure you could. Realistically, it’s better to invest periodically and dollar-cost average yourself. It’s the only safest way.