Bitcoin: A get rich quick fad or a real investment? Top 1000: As crypto currencies demonstrate their volatility lately, we look at the risks and rewards
about 3 hours ago
When bitcoin retreated to lows of $3,000 (€2,620) around late 2018, analysts pointed to an overvalued asset that was finally plateauing at fair value. Prescient? Well, during the first half of 2021 its value reached a new high of about $63,700 in mid-April before beginning to slip off.
For both amateur and professional investors alike, the question now is whether this new asset class is merely a passing trend or the future of finance; whatever the answer, cryptocurrencies are clearly becoming too hard to ignore.