Bitcoin’s value has surged past $100,000, sparking questions from investors. Experts say the cryptocurrency’s value will continue to rise, with some predicting it could reach $1.48 million by 2030.
Investors can buy Bitcoin directly on crypto exchanges, through online stockbrokers, or via Bitcoin ETFs. Financial experts advise keeping cryptocurrency investments to a small percentage of a diversified portfolio.
With Bitcoin hitting record highs, investors are wondering if it’s time to join the cryptocurrency’s run. While some predict a second Trump administration will create a conducive regulatory environment for Bitcoin and other cryptocurrencies, others caution against investing at the peak.
Nigel Green, CEO of deVere Group, says Bitcoin is now a “global mainstream, legitimate asset class” with increasing institutional interest. He advises investors to buy during a dip, rather than at the peak, as standard investment practice.
For those interested in investing in Bitcoin, there are several ways to do so. Online stockbrokers and trading apps offer low prices, while exchange-traded funds provide a more stable option. Experts recommend diversifying investments and considering dollar-cost averaging as a strategy.
With Bitcoin’s value on the rise, investors must weigh the risks and benefits of investing in this volatile market. By understanding the options available and taking a strategic approach, investors can make informed decisions about their cryptocurrency investments.
Source: https://eu.usatoday.com/story/money/2024/12/05/bitcoin-100k-cryptocurrency-investment/76797676007