For the last 10 years, Bitcoins have been a part of the public consciousness, especially since more traditional stock market investors are searching for alternative investments to protect their net worth and avoid losses.
Many newbie investors who are considering investing in Bitcoin for the first time may be wondering if Bitcoin are worth anything and the answer to this question is yes.
How Much Are Bitcoins Worth?
If you plan on investing in one Bitcoin in today’s market it’s going to be worth about $5,246.08 (as of April 19th, 2019) but keep in mind that as with any investment, the value of one Bitcoin can go up or down depending on the state of the economy and other economic conditions that affect the value of Bitcoins.
Now is the perfect time to get involved with buying Bitcoin or any form of cryptocurrency because it’s the best alternative to the traditional stocks, bonds or mutual funds and investing in cryptocurrency will ensure that your assets are diversified in today’s unsteady economy.
What’s the Future of Bitcoin?
In December 2017 the value of one Bitcoin hit an all-time high of $19,498.63, since then its value has gone up and down especially as other coins have come to the market and the actions of the U.S. Federal Government have affected Bitcoin.
Right now, the value of Bitcoin is stable and it continues to be one of the most consistent performing assets in the world that every investor should have in their portfolio if they want to keep it diversified. A word of warning though, cryptocurrency isn’t a get rich quick scheme, if you plan on investing in Bitcoin or some other type of cryptocurrency, you should be prepared to buy and hold or stay invested in cryptocurrency for the long run.