Bitcoin (BTC) and cryptocurrencies in general have been a controversial topic for years. Even now that almost everyone on the planet has at least heard of Bitcoin, it’s still widely misunderstood. In fact, even a significant portion of those who are well-versed in how cryptomarkets work are naysayers due to its volatility.
However, most of those who shout about the dangers of bitcoin and other cryptocurrencies probably do so because they invested once. They pushed some buttons and lost their assets.
This is because investing in cryptocurrencies is not much different from investing in the stock market. On the other hand, bitcoin is virtually fraud-free because of the BTC blockchain.
To succeed with Bitcoin investing, however, you must have goals and a strategy. Also, you must make informed, market-timed decisions. If you don’t, just as with any other type of investing, you will most likely fail.
BTC Market in a Nutshell
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