TSLA - Bitcoin At $30000: Caveat Emptor - Buyer Beware
- It is now more than a decade since Bitcoin was created and it hasn’t gone out of fashion as many predicted it would. Popularity is in fact increasing.
- Bitcoin is being talked about among friends, it’s all over social media, it secures regular news coverage and it is also gaining the attention of financial institutions.
- The value of Bitcoin has been exceptionally volatile but the long term trend has always been upward and new highs have been seen several times in December 2020.
- Is it a real asset or a bubble driven by euphoria? Is it a get rich quick opportunity or are there headwinds and challenges that represent serious downside risk?
- Should you include Bitcoin in your own investment portfolio? Read my due diligence report set out in this article and decide for yourself.
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Bitcoin At $30,000: Caveat Emptor - Buyer Beware