Is bitcoin a good investment?

Tiers apply. Bitcoin historically has offered the potential for high returns. It’s decentralized. That said, many people choose to trade and store Bitcoin on centralized platforms. Bitcoin has the potential to be a non-correlated asset, similar to gold. This means it may not follow the trends of other assets, like stocks.

How do I invest in Bitcoin?

Once you've learned how to invest in Bitcoin, you'll need to store your Bitcoin in a hot wallet or a cold wallet. Buying Bitcoin is often the first step that investors take into the world of cryptocurrency — and right now, more investors may be looking to take that step: After a lengthy price slump, Bitcoin hit new record highs in March 2024.

Should you invest in Bitcoin (BTC) or other cryptocurrencies?

Learn More Here are some key pointers before you add the leading cryptocurrency to your portfolio. Investing in Bitcoin ( BTC -2.80%) and other cryptocurrencies isn't right for everyone, but if you've decided that it should be part of your investment strategy, there's a right and wrong way to go about it.