Bitcoin is often touted as an investment opportunity with huge potential returns. So, how much does it cost to get 1 Bitcoin?
As of December 2020, the price of 1 Bitcoin is around $23,000. However, this price is highly volatile and subject to change.
For example, in December 2017, the price of 1 Bitcoin reached almost $20,000 before crashing to around $3,000 in December 2018.
Investors interested in buying Bitcoin should be aware of the risks associated with this digital currency. For example, Bitcoins are not regulated by any government or financial institution and there is no guarantee that they will retain their value.
Additionally, Bitcoins are often used for illegal activities such as money laundering and drug trafficking, which could lead to their value plummeting.
Despite these risks, some investors remain bullish on Bitcoin and believe that it will continue to rise in value over time. Only time will tell if this digital currency will be a success or a bust.