Bitcoin: To Invest or Pass?
The question: “Should you or should you not invest in Bitcoin?” is one
of high occurrence and debate. From doing some informed research and
carefully examining many articles, I have come to the conclusion that you
should not invest in Bitcoin. From these readings, I came to this conclusion
by two very good points: (1) Bitcoin is very unpredictable and volatile, and
(2) Bitcoin has a limited quantity to access. In the following essay, I will
elaborate more on those points.
In the point of Bitcoin being unpredictable we have three strong
points to support our conclusion. To begin with, Bitcoin’s values have been
raising and dropping so much that it is hard to track a good time to invest.
This is shown by a value recording from a recording of a Bitcoin created in
2008 to its value in 2013. In 2013, this one Bitcoin was worth $1,165.89,
but shortly after this the value nosedived and is slowly recovering. More so,
when investing in Bitcoin, unless you can afford to lose 100% of your
investment it is recommended that you do not. Due to Bitcoin’s
