Should You Buy Bitcoin While It's Under $100,000? The Answer Might Surprise You.
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The price of Bitcoin (CRYPTO: BTC) is surging yet again. While it hovers just below the $100,000 mark, many investors are asking themselves the same question: Is there still time to buy? If you're willing to remain patient, the answer is shockingly clear.Bitcoin was launched in the early days of 2009, during the depths of the financial crisis. At the time, it had almost no following, with a single Bitcoin trading for just pennies. Today, nearly everyone has heard of the cryptocurrency. Its market cap is north of $1 trillion, and millions of people personally own Bitcoin, either directly or through an exchange-traded fund (ETF). The cryptocurrency has simply been one of the best investments of all time, with a trading price that is now approaching $100,000. It crossed this threshold in recent weeks, but a correction pushed the price under $100,000. While many believe Bitcoin's best days are behind it, this could be just the beginning.To be clear, don't expect Bitcoin's historical returns to be replicated in the future. However, there's reason to believe that there's still plenty of upside potential for long-term holders.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool