Assets, Bitcoin

Do You Own Bitcoin on Voyager?

If you’re like most people, the answer is probably “no.” As of early 2019, there were only about 18 million Bitcoin in existence, and it’s estimated that less than 10% of the world’s population owns any Bitcoin at all. So why do people keep talking about Bitcoin like it’s the next big thing?

For one thing, the price of Bitcoin has been on a tear lately. After languishing around $1,000 per coin for several years, Bitcoin surged to nearly $20,000 per coin in December 2017 before crashing back down to around $3,000 in 2018.

As of early 2019, Bitcoin was once again trading above $10,000. So if you had invested just $100 in Bitcoin in 2010, your investment would be worth millions of dollars today.

Another reason why people are excited about Bitcoin is because it represents a new kind of asset class. Unlike stocks or bonds, which are backed by real-world companies or governments, Bitcoin is a decentralized digital currency that isn’t controlled by any one entity.

NOTE: WARNING: Investing in Bitcoin and other cryptocurrencies is highly speculative and involves a high degree of risk. It is important to remember that investing in Bitcoin on Voyager can lead to the total loss of your funds. Therefore, you should never invest more money than you can afford to lose. Furthermore, it is important to understand the highly volatile nature of Bitcoin, as prices can change rapidly and without warning. Before investing, please read the full terms and conditions associated with Voyager and consult with a financial adviser before making any investment decisions.

This makes it much more volatile than traditional investments, but also potentially much more lucrative.

So should you invest in Bitcoin? That’s a decision that only you can make. But if you’re looking for a high-risk, high-reward investment, Bitcoin might be worth a look.

do you own bitcoin on voyager?

No, as of early 2019 I do not own any bitcoin on Voyager.

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