I'm considering my investment options and wondering if it's a good strategy to only hold Bitcoin, or if I should diversify. I'm seeking advice on whether solely investing in
Bitcoin is recommended.
6 answers
Martina
Thu Dec 05 2024
The approval of
Bitcoin Spot ETFs in January 2024 marked a significant milestone for the cryptocurrency.
BitcoinBaroness
Thu Dec 05 2024
Bitcoin has garnered attention for its significant price fluctuations and volatility.
CharmedFantasy
Thu Dec 05 2024
These wild swings in value have made it difficult for investors to decide whether to hold onto their Bitcoin, often referred to as HODLing.
CryptoQueenBee
Wed Dec 04 2024
With the ETF approval, investors gained another avenue to gain exposure to Bitcoin without directly owning it.
Valentina
Wed Dec 04 2024
Following the ETF approval, Bitcoin's price increased, further strengthening the argument for holding onto the cryptocurrency.