The value proposition has always been that if it can succeed success being defined as being one of the major crypto currencies to see adoption, then just taking 1% of the global gold market, black market transactions, and remittances; its worth around 5k-ish already.
I would consider it a gamble and not an investment. Some call it a new asset class that isn't correlated to other assets, which is valued by portfolio managers. Its high risk high reward, if you understand why it has value and want exposure to the risk, put in enough that you are fine losing. This is still a grand social experiment and still could plummet in price at ANY time.The government regulatory clarification we have seen over the past few years has lessened the risk of a government crackdown at least.
I would consider it a gamble and not an investment. Some call it a new asset class that isn't correlated to other assets, which is valued by portfolio managers. Its high risk high reward, if you understand why it has value and want exposure to the risk, put in enough that you are fine losing. This is still a grand social experiment and still could plummet in price at ANY time.The government regulatory clarification we have seen over the past few years has lessened the risk of a government crackdown at least.
This is not financial advice.