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How to Invest in Bitcoin?
Like a stock, you can buy and hold Bitcoin as an investment. You can even now do so in special retirement accounts called Bitcoin IRAs. No matter where you choose to hold your Bitcoin, peopleโs philosophies on how to invest it vary: Some buy and hold long term, some buy and aim to sell after a price rally, and others bet on its price decreasing. Bitcoinโs price over time has experienced big price swings, going as low as $5,165 and as high as $28,990 in 2020 alone. โI think in some places, people might be using Bitcoin to pay for things, but the truth is that itโs an asset that looks like itโs going to be increasing in value relatively quickly for some time,โ Marquez says. โSo why would you sell something thatโs going to be worth so much more next year than it is today? The majority of people that hold it are long-term investors.โ
Tata Power whose core business is to generate, transmit and distribute electricity has made no money to investors in the last one decade. That is a big blunder considering it is one of the largest power generation companies in the country. One of the reasons is the company's huge debt levels which stood at โน43,559 crore at the end of March 2021 compared to the companyโs market capitalisation of โน44,447 crore.
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