Is Bitcoin A Risky Investment In 2022 And The Next Decade?
With every type of investment there is going to be risk. With some investments there are higher risks than in the more traditional ways of storing your money. Of course with higher risk there is a greater chance of reward and that's why there can be so much money to be made with legacy cryptocurrencies like bitcoin and etherium. The very volatility of these virtual coins is what makes people want to speculate with them. If you put your money in at the right time and take it out at an opertune moment you can easily make a 25% profit in under a year. Try finding profits like that in the stock market. Of course you could also suffer a loss if you find yourself in an emergency and need to transfer your BTC into real world currency. All investments require the investor to be able to hold his position for a long period of time. In life there are truly no get rich quick schemes. Like any other speculative endeavor you should be able to foresee keeping you money in the same place for at l...
