Bitcoin is back at over 40,000: Check out these places to invest in cryptocurrency
Bitcoin is back, baby, and so are crypto buyers!
The cryptocurrency rallied above 45,000 earlier this week.
Bitcoin’s all-time high is near $65,000 and some believe the digital currency will hit $100,000 sooner or later. But it was as low as 32,000 just two weeks ago, so buyer beware.
Investors looking for new ways to make money have been investing in digital currency for over a decade, although cryptocurrencies are only just beginning to gain acceptance on Wall Street and mainstream media.
Cryptocurrency is a digital asset designed for use on the Internet, according to Coinbase. It is decentralized, which means that it is not controlled by the government or any other central authority such as a bank.
Bitcoin’s recent meteoric rise has opened the eyes of many investors to over 100 digital currencies. Dogecoin and now Shiba Inu have recently taken off, rising over 5,000%. Additionally, Ethereum, Cardano, and Solano are popular among crypto investors.
Next week it may be another. But not all online brokers allow you to invest in cryptocurrency. A way is through Crypto.com. Join over 10 million investors buying and selling cryptocurrencies.
As with any investment, investors should invest with caution as cryptocurrencies are highly volatile. Investors may lose some or all of their proceeds.
Other places to trade cryptos such as Bitcoin, Ethereum, Tether and Litecoin are: