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While cryptocurrency isn't right for everyone, if you've decided to invest, you can save some money by investing. Simply put, bitcoin is still the best cryptocurrency to buy today, if not the best. One of the most popular strategies for investing in bitcoin relies on the asset's volatility. Tell me do i do it. If you agree with those predictions, now is still a good time to get into bitcoin.
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One of the most popular strategies for investing in bitcoin relies on the asset's volatility.
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This is a very bullish target price, although it does seem much more realistic now that bitcoin has broken through $40k.
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These investors are convinced bitcoin will increase in value, perhaps as serving as a new store of value (like gold), but aren't against selling for a profit when the time is right. Also, having knowledge of technical analysis isn't a bad idea as well. Businesses accept bitcoin as a form of payment, according to research from fundera. Is it the right time to invest? I'm drawn to it but i know nothing about it.
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Right now, the bitcoin definitely has some more investing appeal than the traditional stocks.
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