Is it still a good idea to invest in Bitcoin?

Some investors have turned to Bitcoin because they see it as uncorrelated with stocks, making it an option as a portfolio diversifier. However, since Bitcoin’s price is volatile, experts say having a lower portfolio allocation to Bitcoin can help boost returns without having too much exposure to portfolio losses .

34,17,0212.11%Volume: 2,16,567 Cr. … Bitcoin Price Update. Bitcoin PriceValueToday/Current/Last34,17,0211 Day Return2.11%7 Day Return6.25%Bitcoin price live today – The Economic Times m.economictimes.com › markets › bitcoin-price › cryptodetail › symbol-btc

“[W]e expect in 10 years’ time, Bitcoin will become mainstream and have a remarkably different reputation ,” he said. The mainstreaming of Bitcoin as a payment mechanism (or for that matter, its increasing attractiveness as an asset class) will not occur without technological improvements in its ecosystem.

When assets rise very quickly in price and surge to a record high, typically this makes a crash much more likely . Or at the very least a correction, which is when the price falls back down to a more “normal” level. This appears to be the situation that bitcoin is in right now.

The Bitcoin ecosystem is still developing, making it possible if not likely that Bitcoin itself will continue to evolve over the coming decades. But however Bitcoin evolves, no new bitcoins will be released after the 21-million coin limit is reached .

Bitcoin (BTC) price again reached an all-time high in 2021 , as values exceeded over 65,000 USD in February 2021, April 2021 and November 2021. The first two were due to events involving Tesla and Coinbase, respectively, whilst the latter.