Should You Risk by Investing in Crypto in 2021 and What Is the Best Way to Do It
Ever since Bitcoin appeared back in 2009, the subject of cryptocurrency has been captivating risk-takers and entrepreneurs. However, these days even regular people are considering this investment opportunity. People with money to spare who are usually fans of anonymous betting are willing to buy cryptos in order to make a profit. If you too are interested, you might be wondering whether or not now is the right time for this investment and what is the best way to do it. In case you are new to the cryptocurrency subject and you have a lot of questions, you’ve come to the right place. Make....
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63%of 800 respondents in the U.K. are planning to buy Bitcoin in 2021, according to a new survey by Investing.com. Bitcoin (BTC) is likely to hit $60,000 in 2021 amid the growing mainstream adoption, according to an analyst at major financial publication Investing.com.Jesse Cohen, a senior financial analyst at Investing.com, predicted that Bitcoin will likely reach a $60,000 level in the first half of 2021.According to Cohen, Bitcoin’s growth in 2021 will be fueled by support from institutional investors combined with the “flush of ultra-cheap money being pumped into the global financial....
A U.S. consumer survey shows that 25% of respondents who currently do not own cryptocurrency plan to start investing in crypto. “2021 was a good year for crypto. Of the respondents that own crypto, more than half reported that they had just started investing in the space within the last year.”
‘2021 Was a Good Year for Crypto’
Cryptocurrency exchange Huobi released a report titled “Crypto Perception Report 2022” Thursday. The report includes “an in-depth survey to learn how the average person views cryptocurrencies, their....
46% of respondents reported having $1,000 or less in crypto, while another 25% said they held between $1,000 and $10,000. The vast majority of cryptocurrency owners in the United States made its first-ever crypto investments just within last year, according to a new survey.About 70% of crypto hodlers in the U.S. started investing in cryptocurrencies like Bitcoin (BTC) in 2021, according to the Crypto Perception Report 2022 by Huobi Group, the operator of major crypto exchange Huobi.The company polled about 3,100 American adults in mid-December 2021 to assess respondents’ knowledge of....
Are you a crypto trader looking for a fun opportunity to earn more returns or a soccer fan who wants to add some excitement during the Euro Cup? Great news, crypto-powered investing app SimpleFX launches a trading contest with a $50,000 prize pool. The SimpleFX Euro 2021 Trading Cup SimpleFX is an online broker covering crypto, forex, stocks, gold and other assets that has been around since 2014. The platform is designed to be powerful yet very easy-to-use and offers a very quick registration process for cryptocurrency accounts – no KYC is needed just a simple signup with an e-mail.....
Canada is one of the first countries to approve a Bitcoin ETF and is the fourth-largest nation in terms of hash rate. Cryptocurrencies like Bitcoin (BTC) do not pose any significant risk to the financial system at their current level of adoption, according to Bank of Canada deputy governor Paul Beaudry.Beaudry spoke about the risks to the stability of the Canadian financial system at the Ontario Securities Commission Dialogue 2021 on Tuesda.When asked whether cryptocurrencies are a risk, the deputy governor responded that the Bank of Canada doesn’t think that crypto is “developing in a way....