Should you buy or hold bitcoin?

In its current bull run, Bitcoin prices have touched all-time highs of more than $70,000. Buying and holding Bitcoin as a long-term investment — or, as some crypto enthusiasts call it, HODLing — can be a low-effort way to make money in the long term, as long as its price when you finally sell it is higher than the price at which you bought it.

Can you make money with Bitcoin (BTC)?

Making money with Bitcoin (BTC) has become increasingly complicated. Prices are volatile. Promises of free Bitcoin are often scams. Bitcoin mining, once accessible to individual investors, is now so competitive that it’s rarely a profitable venture for those with small setups. However, it’s still possible to make money with Bitcoin.

Can you make money with Bitcoin?

Prices are volatile. Promises of free Bitcoin are often scams. Bitcoin mining, once accessible to individual investors, is now so competitive that it’s rarely a profitable venture for those with small setups. However, it’s still possible to make money with Bitcoin. You can trade it, lend it, hold it or earn it.