Like all innovations, cryptocurrencies were dragged into the investment world.
It has turned curious university students into multi-millionaires by surprise. It ruined investors caught up in the craze when the price crashed on many occasions.
There’s no question bitcoin regularly goes from being doomed to re-emerging as a fad again. The price is spectacularly volatile. That means it’s a great trading opportunity. Buy when it has crashed and sell when it recovers.
For longer term investors, bitcoin’s future is uncertain. The number of bitcoins is capped, so it is scarce.
Should you invest in cryptos?
While central banks around the world print money like madmen, bitcoin increases steadily, slowly and predictably.
But there’s a far more important reason to believe in bitcoin: more and more people believe in it.
To find out what are British investors doing with bitcoin, we ran a massive survey amongst 800 of our subscribers, and here are the results:
If you find this infographic useful, feel welcome to share it.
Don’t forget to subscribe to our newsletter to receive updates about investment and financial advise.
For more material about bitcoin and cryptocurrencies, check out the links below:
- How I lost £881 of cryptos… and counting
- The hidden forces behind bitcoin’s bull run
- 7 Reasons why cryptocurrencies are the future
Category: Investing in Bitcoin