Is Bitcoin a good investment?

Bitcoin (BTCUSD) is often referred to as digital currency and as an alternative to central bank-controlled fiat money . However, the latter is valuable because it is issued by a monetary authority and is widely used in an economy.

A cold wallet — an offline device not connected to the internet— is the safest place to keep your crypto investment, according to experts. Bitcoin has the most crime reports of any cryptocurrency , which makes sense since it’s also the oldest and most-widely held crypto.

Overview. Bitcoin has a consumer rating of 3.58 stars from 12 reviews indicating that most customers are generally satisfied with their purchases. Bitcoin ranks 8th among Layer 1 Blockchain sites.