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Should You Invest in Bitcoin Right Now?   

#Investment #Cryptocurrency #Finance and Law #Technology


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Joe Waiganjo
@Techy.Rack · Updated 27 Feb. 2021

Should You Invest in Bitcoin Right Now? Bitcoin may be gaining popularity right now, but that alone doesn't make it a smart investment. Before you invest any money, think about your tolerance for risk. If you have money to burn and are willing to risk it, it may be worth the gamble. But for most investors, it's best to steer clear of Bitcoin for right now.


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Godwin Oladele I write content
@Writelord · Posted 28 Feb. 2021

Bitcoin remains a largely unregulated currency. This means that its backed by virtually nothing, only demand, and supply of the coin.

Think of it this way; bitcoin is like trading shares on the stock exchange, regardless of how you try to predict stuff, it's still a gamble. 

I personally don't own bitcoin, but I would love to, either way. It seems to be the future of money; nobody knows how or when, but it's quite clear that it will have a strong say on our future currency. Much of that is certain


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Ryan M
@RyanM · Posted 28 Feb. 2021

Well considering a single bitcoin is worth like $40,000+, I don't know if it'd be that easy to invest in it right now anyway. Check my image below for what one bitcoin is going for right now. How crazy is that? Just imagine if I had one bitcoin lying around somewhere, I'd cash in right away. 


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Debbie Katz Free Spirit
@debkatz78 · Posted 02 Mar. 2021

It hit an all-time high of 56k per coin and Elong Musk himself invested heavily in it as he wants Tesla to accept the currency in the near future. I think it is worth investing in just because it is only projected to continue to go up in value. Even if you only invest a small amount, it is something. However, when it comes to crypto, I would not invest anything you are not willing to lose.


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