Should You Buy Bitcoin While It's Under $100,000? The Answer Might Surprise You.
Bitcoin's best returns might be behind it.
Overview
Bitcoin (CRYPTO: BTC) soared to a peak of $126,080 per coin last year, before embarking on a sharp decline that erased more than half its value. It traded as low as $58,566 in July, but it has since bounced to $86,300 as of Sept. 22.
Bitcoin launched in 2009, so it doesn't have a very long track record compared with other assets, like bonds, stocks, gold, or real estate. However, it has consistently climbed to new highs after every major sell-off to date, so should investors buy it while it's still trading for less than $100,000? The answer might surprise you.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.