The high liquidity associated with bitcoin makes it a great investment vessel if you’re looking for short-term profit . Digital currencies may also be a long-term investment due to their high market demand. Lower inflation risk.9 Mar 2022
Read moreHow much will my Bitcoin be worth in five years?
And a recent study by Deutsche Bank found that about a quarter of Bitcoin investors believe Bitcoin prices will be over $110,000 in five years. The volatility is nothing new, and is a big reason experts say new crypto investors should be extremely cautious when allocating part of their portfolio to cryptocurrency.
Read moreIs it worth investing $500 in Bitcoin?
A $500 investment would be approximately 1.05% of a Bitcoin . Bitcoin hitting $100,000 would be a 110.19% increase in value. This would provide you with a $550.93 in equity over your initial investment. So, your ~1.05% of a coin would be worth $1,050.93, minus any fees.
Read more