WebFeb 16, 2024 · Bitcoin is a highly volatile, almost completely speculative investment. Wild price swings are commonplace. For instance, in the first weekend of 2024, bitcoin rose … WebMar 29, 2024 · More recently, Bitcoin’s price began 2024 slightly over $47,000 per coin. After a tough year for cryptocurrency in general, Bitcoin has slumped to its current price of just under $17,000.
Is Bitcoin a good investment? Why you should invest now
WebOct 17, 2024 · Buying bitcoin could be a big mistake But as good as bitcoin has been for investors in 2024, my blunt opinion is that it's a terrible investment. Here are 10 reasons … WebMar 15, 2024 · Users can process transactions on its platform four times faster than on the Bitcoin blockchain. Litecoin might not be the fastest now, but it shows some promising technological developments making it a worthwhile investment. A project that keeps on innovating and evolving is a good investment. 2. Litecoin has a big market capitalisation how to start a vote of thanks speech
What experts say about cryptocurrency, bitcoin concerns - CNBC
WebApr 11, 2024 · Is bitcoin a good investment? - Answered by a verified Financial Professional. ... Bitcoin is an extremely volatile investment when used as an investment. The main problem with it is that the vast majority of bitcoin is held by a small number of investors, known as "whales", that tend to buy and sell the coin to drive the price up and … WebJan 19, 2024 · 19 January 2024. MoneySavingExpert.com founder Martin Lewis was asked by viewer Alex on his live ITV show on 7 January 2024 whether you should invest in … WebDec 8, 2024 · Bitcoin cracked $1,000 on the first day of 2024. By this week, it was up to $12,000, and then it really took off: The price topped $17,000 on some exchanges Thursday, and $18,000 on at least one.... how to start a volvo suv