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Do not "invest" in Bitcoin or other crypto commodities. They are purely speculative, wildly volatile, easily stolen by hackers, can be irretrievably lost if you forget your password, and require so much computer processing power to maintain that altogether they spawn as much CO2 as a medium-sized country.
Sure, if you're lucky, you might make a profit instead of a loss. But wait until After the Vaccine and then go to Las Vegas instead, where at least they'll serve you free drinks and tease you with skimpily-clad staff while you gamble.
The main argument in favor of Bitcoin is that the number of Bitcoin is finite, making it a hedge against inflation. But there is no barrier to competition in the crypto commodity industry; anybody can set up their own new Bitcoin clone, tweaking it a bit to make it somehow "better" in some marketable way. Why buy Bitcoin when you can buy Ethereum, XRP, Chainlink, Litecoin, Bitcoin Cash, Polkadot ... I'll stop here because there are nearly 7,000 different brands of crypto commodities available now.
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Good luck avoiding the crash of the largest concurrence of financial bubbles in human history, President-Elect Biden.
Sure, if you're lucky, you might make a profit instead of a loss. But wait until After the Vaccine and then go to Las Vegas instead, where at least they'll serve you free drinks and tease you with skimpily-clad staff while you gamble.
The main argument in favor of Bitcoin is that the number of Bitcoin is finite, making it a hedge against inflation. But there is no barrier to competition in the crypto commodity industry; anybody can set up their own new Bitcoin clone, tweaking it a bit to make it somehow "better" in some marketable way. Why buy Bitcoin when you can buy Ethereum, XRP, Chainlink, Litecoin, Bitcoin Cash, Polkadot ... I'll stop here because there are nearly 7,000 different brands of crypto commodities available now.
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Good luck avoiding the crash of the largest concurrence of financial bubbles in human history, President-Elect Biden.