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Is Bitcoin Still a Good Buy as Prices Soar and 'Halving' Approaches?

Feb 20, 2024

Is Bitcoin Still a Good Buy as Prices Soar and 'Halving' Approaches? Feb 20th 2024
Is Bitcoin Still a Good Buy as Prices Soar and 'Halving' Approaches? Feb 20th 2024
Is Bitcoin Still a Good Buy as Prices Soar and 'Halving' Approaches? Feb 20th 2024

As Bitcoin continues its upward trajectory, fueled by a historic 82% surge in the last four months and an impending "halving" event on April 29, investors grapple with the question of whether it's too late to join the party. The cryptocurrency's status as a potential digital gold and its maturation as an investment option, including the advent of Bitcoin-based exchange-traded funds, have bolstered its appeal despite its volatile nature. While the pace of adoption remains uncertain, Bitcoin's track record post-halving events suggests further potential for growth, emphasising the importance of considering risk tolerance and long-term investment goals.