If you are looking for a “safe investment with guaranteed returns”, don't invest in Bitcoin or any cryptocurrency. Risk is inherent in any investment, but especially with bitcoin and other emerging cryptocurrencies. Most still consider Bitcoin to be a risky investment and you should never invest more than you can afford to lose. That said, high-volatility assets tend to have a higher return potential (matched by their potential for incredible losses).
You should always consult a licensed financial planner. Several factors make cryptocurrency not an entirely safe investment. However, other signs are emerging that cryptocurrency is here to stay. Cryptocurrencies are very risky and not like conventional investment in the stock market.
Investment firms perform a staggering amount of due diligence when investing money, whether it's their clients' money or their own. For every cryptocurrency you invest in, make sure you have an investment thesis on why that currency will stand the test of time. Although investments in these companies can be profitable, they don't have the same upside potential as investing directly in cryptocurrencies. Therefore, investing in companies that use blockchain technologies has the same risks as investing in a new company.
If you do your research and learn as much as possible about investing in cryptocurrencies, you should be able to manage investment risk as part of your overall portfolio. There are also some funds and investment funds that are exposed to cryptocurrencies, which is a less risky way to invest than buying the coins themselves. Buy Bitcoin Worldwide receives compensation regarding its referrals for outgoing crypto exchanges and cryptocurrency wallet websites. Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed brokers, investment advisors or hold any distinction or title relevant to the investment.
It will still be volatile, but it might be easier to sell your investment and get your money back than to invest directly. We recommend following proven investment principles and not letting the fear of missing out adversely affect your long-term investment strategy.
