Bitcoin is soaring again, is it time to invest?

In six months the price of the famous digital token has jumped by more than 65%.
DADO RUVIC / REUTERS

OUR ADVICES – The price of the cryptocurrency star reached $50,000 on Monday and continues its rise. A record for two years. Enough to once again whet the appetite of investors. Is it time to get started? We asked industry experts.

Bitcoin is regaining momentum. On Monday, the queen of cryptocurrencies reached $50,000, a threshold with which she had been flirting for days and which she has since exceeded. Above all, it is a summit that we have not seen for at least two years. In November 2021, the price of Bitcoin reached $69,000, before falling in stages to nearly $15,000 (-70%). Thanks to this new surge, individuals who succumbed to Bitcoin fever at the end of 2020, but who took a slap in the face with the fall of this digital token, have more than regained their stake. In six months the price has jumped by more than 65%.

Is it time to take an interest in the cryptocurrency star again? Digital currencies – like Bitcoin, but also Ethereum or others… are very volatile assets, and it is better to have a strong heart when you want to invest part of your savings in them. Moreover, it is recommended to invest especially money that you are willing to lose. However, this spectacular rise is not the result of chance, and many observers see Bitcoin going much higher. The forecasts…

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