How Much Bitcoin Will Increase In 2021?

How Much Bitcoin Will Increase In 2021?

A lot of people ask themselves the same question how much Bitcoin will increase in 2021 and the next years. Well, this question can be very tricky because the cryptocurrencies are very volatile so you don't really know what to expect.

How Much Bitcoin Will Increase In 2021?

If you remember, last year before the Coronavirus pandemic, Bitcoin's price was lower than $10,000, and one year later its price is almost $60,000, how much Bitcoin will rise until next year at this time? It if continue to increase with the same speed, it can reach $150,000 without any problems.

A lot of investors including the founder of the cryptocurrency exchange BTCC are saying that Bitcoin can increase its value up to $100,000 until this summer and there are a lot of chances that the cryptocurrency can hit the $300,000 price until the end of this year. However, there is another scenario that can scarry a lot of people because more and more people are talking about this, so after it peaks out, whether it's $150,000, $200,000, or even $300,000, you should be aware that it could fall as much as 80% or 90% of its value, and it could stay low years.

Is it a good idea to invest in Bitcoin in 2021?

There are few words about investing in Bitcoin and when it's the perfect time to invest in this cryptocurrency, as a lot of investors are saying: The best time to invest in Bitcoin was yesterday, and the next perfect moment is today. Nobody knows for sure if this cryptocurrency will continue its increasing, but as the statistics say, it will increase its value until the end of this year, so if you are really interested in this cryptocurrency, you definitely should start watching its price, and when the time comes you should buy as little as you afford.

How to Invest in Bitcoin

If you are thinking to start your journey to invest in the stock market, you could do this by creating a free account on Etoro. It's a very easy-to-use app (they have websites and iOS / Android app too), and you can buy and sell stocks from anywhere in the world. Also if you are a complete beginner in investing, there is no problem because they have a virtual budget you can use until you learn the core fundamentals of investing in the stock market, another nice feature is that you can Copy other people and the application automatically will buy or sell every stock the person you copy will do, of course before deciding to copy any person you will have to check his statistics and the Risk score (every person have a risk score, that will tell you how risky are the decisions they make).

There is no doubt that investing in the stock market is one of the most popular ways to make money in 2021, thanks to technological progress.

In conclusion, if you think about investing in Bitcoin you should go for it because the chances of the price reaching $200,000 - $300,000 until the end of this year are very high. Also, if you would like to invest in cryptocurrency but are not so sure about Bitcoin and its volatility you can choose another cryptocurrency, because there are a lot of new cryptocurrencies that have a low value at this time, low as few cents. Just imagine this scenario, if you buy 1000 cryptocurrencies that cost only $0,01 but its price will reach $10 until the end of the year, your total costs will be $10 and the profit $10,000. How much Bitcoin will increase in 2021? Probably we will see at the end of the year, but as the majority of investors are saying, its price will double or even triple until the end of the year, so if you want to get a piece of the cake you should probably take action.

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