Moni2402
Active member
This year 2021 has started with Bitcoin at all-time highs and there are many investors who have launched into investing in Bitcoin.
But is it a good time to invest in Bitcoin in 2021?
The price of Bitcoin continues its rise, it has reached above $ 40,000. In this context, many traders wonder if it is a good time to invest in Bitcoin. Is it profitable to invest in an asset that has appreciated 900%?
In principle, we could say that it is not necessary to buy a complete Bitcoin to operate in this financial asset; Most investment platforms support buying fractions. In this way, it is not necessary to pay such a high price to be able to invest in Bitcoin.
It should be noted that, as we can see in the previous graph, it is a financial instrument with strong movements. When using leveraged products, great care must be taken.
What are Bitcoin investors saying in 2021?
There are investors who believe that the structural trend of Bitcoin will remain positive, despite the fact that it is likely that, after this latest bullish momentum, the market will take a breather and may see a correction.
However, it must not be forgotten that it is a safe haven asset, a security that does not devalue and, in addition, its limited nature offers a reason to give it a high value. In times of crisis it has growth potential. Therefore, it is likely that its price will remain as long as the health alert caused by the coronavirus pandemic (Covid -19) is present.
But is it a good time to invest in Bitcoin in 2021?
The price of Bitcoin continues its rise, it has reached above $ 40,000. In this context, many traders wonder if it is a good time to invest in Bitcoin. Is it profitable to invest in an asset that has appreciated 900%?
In principle, we could say that it is not necessary to buy a complete Bitcoin to operate in this financial asset; Most investment platforms support buying fractions. In this way, it is not necessary to pay such a high price to be able to invest in Bitcoin.
It should be noted that, as we can see in the previous graph, it is a financial instrument with strong movements. When using leveraged products, great care must be taken.
What are Bitcoin investors saying in 2021?
There are investors who believe that the structural trend of Bitcoin will remain positive, despite the fact that it is likely that, after this latest bullish momentum, the market will take a breather and may see a correction.
However, it must not be forgotten that it is a safe haven asset, a security that does not devalue and, in addition, its limited nature offers a reason to give it a high value. In times of crisis it has growth potential. Therefore, it is likely that its price will remain as long as the health alert caused by the coronavirus pandemic (Covid -19) is present.
