Yes, it is. it is one of the best ways to hold money and have it back in the future while it is subject to either appreciation or depreciation I the future. That is what I know about itDo you consider buying Bitcoin right now to be an investment or do you buy it as an actual 'currency' to use where you can? Personally, I see it as an investment - albeit a more risky one - due to current volatility of the market. I certainly never thought I'd see it break $30K, let alone $40k and $50k. Looking into things like Tesla's buy-up of the coins though, do you think Bitcoin will ever become anything other than an investment? Will it become a de facto currency for example?
I'm personally in two minds over where it's going to go in the future. I can see it being a really useful resource for some countries - or at least, the idea of a digital currency - but with the volatility, it just seems mad to consider it as such.
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To some people, it is an item of trade and to some people, bitcoin is an item of investment. People who deal in it normally hold it for long so it can increaseDo you consider buying Bitcoin right now to be an investment or do you buy it as an actual 'currency' to use where you can? Personally, I see it as an investment - albeit a more risky one - due to current volatility of the market. I certainly never thought I'd see it break $30K, let alone $40k and $50k. Looking into things like Tesla's buy-up of the coins though, do you think Bitcoin will ever become anything other than an investment? Will it become a de facto currency for example?
I'm personally in two minds over where it's going to go in the future. I can see it being a really useful resource for some countries - or at least, the idea of a digital currency - but with the volatility, it just seems mad to consider it as such.
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