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A decade ago, most people would have laughed if you said you hold part of your short term investment portfolio in cryptocurrencies – a type of digital money that’s secured through several cryptographic and PC-generated means. But currently, you might be seen as behind on the times if you do not currently invest, or if you’ve never traded a single BTC or other digital currency in your life.
Like it or not, cryptocurrencies are practically everywhere now and no longer just for day traders and nerds. In fact, conventional companies and businesses are integrating digital currency into their platforms in some form, or using it means to launch other types of products.
So should you invest in Cryptocurrency now? If you’re wondering whether cryptocurrencies like BTC are a wise asset group to short term invest your money in.
If you consider it an asset, it has been top-performing for several periods over the ten years. On Dec 2023, the price of BTC hit the $20,000 mark for the first time, on Jan 3, 2021, its value soared above 34,000, meaning the digital currency had gained almost 5,000 USD in the first few days of the year.
Then recently, its value briefly hit a new record high of 50,000 USD after Tesla revealed that it had invested $1.5 Billion of digital currency and pledged to the state accepting its payment for cars.
But keep in mind though, that BTC is still very volatile and explosive at its core, it’ll boost the overall volatility of a balanced portfolio. But historically it has incredible boosted returns (though, it is vital to keep in mind that past performance is not a guarantee of future returns).
But in invest in the right platform such as bexinvestment.us is key for every short-term investor. You can invest your money here in different plans and gain huge returns. We’re a team of professionals and we know how to handle all perfectly for you.
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