𝘞𝘩𝘦𝘳𝘦 𝘥𝘰𝘦𝘴 𝘵𝘩𝘦 𝘤𝘰𝘯𝘴𝘱𝘪𝘳𝘢𝘤𝘺 𝘤𝘰𝘮𝘦 𝘧𝘳𝘰𝘮?
𝘞𝘩𝘦𝘳𝘦 𝘪𝘴 𝘵𝘩𝘦 𝘸𝘰𝘳𝘭𝘥 𝘩𝘦𝘢𝘥𝘦𝘥?
𝘞𝘩𝘦𝘳𝘦 𝘥𝘰 𝘺𝘰𝘶 𝘴𝘵𝘢𝘯𝘥?
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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, people’s 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. Bitcoin’s price over time has experienced big price swings, going as low as $5,165 and as high as $28,990 in 2020 alone. “I think in some places, people might be using Bitcoin to pay for things, but the truth is that it’s an asset that looks like it’s going to be increasing in value relatively quickly for some time,” Marquez says. “So why would you sell something that’s going to be worth so much more next year than it is today? The majority of people that hold it are long-term investors.”
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