The recent price surge of Bitcoin partly spurred by Donald Trump’s election win may be attractive to investors, but the risks associated are significant. This article digs deep to explain why the facets of Bitcoin’s volatility, lack of intrinsic value, regulatory challenges, and environmental concerns prove it to be an unreliable investment. Declining adoption rates, scalability concerns, and the threat of altcoin competition might also be destined to push down prices for Bitcoin. While the win of Trump may have given the markets a short-term boon, the long-term trend is positive to think that interest in Bitcoin may fizzle, leaving speculators open to significant erosion. Equities, ETFs, and real estate are more stable and bring reliable returns.
Tag: Bitcoin
Bitcoin is the most important invention in the history of the world since the Internet
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