Is Bitcoin A Worthwhile Investment In The Year 2023?

[Good-Guy]

Bitcoin is one of the many cryptocurrencies in the world which is being traded by many investors and traders as well. There are many people who are making money, despite the bearish market. However, there is a large group of investors as well in the market who are not investing in the market due to the fact that they believe that the year 2023 might not be a great year for them to invest money in the market and there are many reasons for that.

If we consider the market performance of bitcoin since the year 2021, we will find that the bitcoin cryptocurrency has not been performing that well at all. This trend is continued in the year 2023 as well. In the year 2022, Bitcoin surged but it plunged as well in the end.

Since then, bitcoin has not recovered at all. The fact of the matter is that this is the main factor which has led many people to avoid investing money in bitcoin. There are many other factors as well. One of them is an increase in interest rates by the federal reserve and a lack of investments in the market. So, is bitcoin a really great investment in the year 2023?

 

[ImamShaheb]

Bitcoin is one of the many cryptocurrencies in the world which is being traded by many investors and traders as well. There are many people who are making money, despite the bearish market. However, there is a large group of investors as well in the market who are not investing in the market due to the fact that they believe that the year 2023 might not be a great year for them to invest money in the market and there are many reasons for that.

If we consider the market performance of bitcoin since the year 2021, we will find that the bitcoin cryptocurrency has not been performing that well at all. This trend is continued in the year 2023 as well. In the year 2022, Bitcoin surged but it plunged as well in the end.

Since then, bitcoin has not recovered at all. The fact of the matter is that this is the main factor which has led many people to avoid investing money in bitcoin. There are many other factors as well. One of them is an increase in interest rates by the federal reserve and a lack of investments in the market. So, is bitcoin a really great investment in the year 2023?

Finally the answer is here💥

 

[BashirJasper]

Bitcoin is one of the many cryptocurrencies in the world which is being traded by many investors and traders as well. There are many people who are making money, despite the bearish market. However, there is a large group of investors as well in the market who are not investing in the market due to the fact that they believe that the year 2023 might not be a great year for them to invest money in the market and there are many reasons for that.

If we consider the market performance of bitcoin since the year 2021, we will find that the bitcoin cryptocurrency has not been performing that well at all. This trend is continued in the year 2023 as well. In the year 2022, Bitcoin surged but it plunged as well in the end.

Since then, bitcoin has not recovered at all. The fact of the matter is that this is the main factor which has led many people to avoid investing money in bitcoin. There are many other factors as well. One of them is an increase in interest rates by the federal reserve and a lack of investments in the market. So, is bitcoin a really great investment in the year 2023?

BTC is right now the most sought after investment with a combined estimate of $25 trillion of investment waiting to be injected if SEC approves the trading of Bitcoin spot ETF.
Even a look at cryptocurrency market cap and daily trading volume on Bitget for the past one month shows that BTC still dominates.