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Wednesday, January 27, 2021

How Risky Is Investing In Bitcoin In 2021?


What Is Bitcoin?
Bitcoin is a crypto currency,  which does not control the government of any country.
It is an independent currency.


Bitcoin Price In 2020
The price of bitcoin in early 2020 was $ 9,501 (₹7,12,500).
And by the end of the year, its price is $ 26790 (₹20,09,271)
Currently in January is priced at $ 31345 (₹23,50,946)                          






How Risky Is Investing In Bitcoin In 2021?
It is true that the price of bitcoin has risen sharply in 2020, and may increase in 2021 as well.
But it is not necessary that we invest more in this thinking.
If we invest more in it and the price goes down, then you can lose a lot.  In such a situation, it would be right that you do a thorough analysis and invest in it.
And even after doing the analysis, investing in it can lead to loss
That's why you invest a little bit now.

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