Why buying buying bitcoin in 2021 is a good idea

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In this year and last year bitcoin has reached record high prices breaking over 41000$ recently. Bitcoin is being adopted by many major companies which is a good sign for an investment because those companies will drive market attraction thus make more people view the crypto currency as profitable..

 

Holding the asset may not give that high of returns which is why I recommend buying and selling the crypto because the asset is changing value all the time. Wait until its higher than what you got it for and then sell and then when it drops which could be minutes or hours later buy it again and then you now have more crypto to trade at the higher value.

 

Yes bitcoin is a risky place to put your money because you can lose a lot of money but if you stick to a day to day trading plan you can make a profit pretty easily. Even if you only did 1 or 2 trades a day you could still make 30-70$ by just simply buying and selling.

 

Day trading is not that difficult to learn its actually pretty simple considering the exchange actually does most of the work for you. You just need to watch the market which you can watch anywhere just like stocks its available online to easily view. And when you see it go up you sell and when it goes down you buy back in.

Regulation and Society adoption

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