If you want to join them, make sure you buy your Bitcoin from an exchange or brokerage you trust.
Find the best stock broker for you among these top picks.
The growth of easy-to-use cryptocurrency exchanges and wallets has made it a lot easier to buy, sell, save, and spend crypto.
Even if you see Bitcoin as a buy-and-hold investment and you aren’t planning to buy your morning coffee with it, the ability to spend Bitcoin gives it staying power.
Not only have certain brokerages, such as Robinhood and Sofi, started to offer cryptocurrency trading, but big institutions have also begun to adopt Bitcoin.
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However, with a market cap of just over $1 trillion, Bitcoin is by far the biggest cryptocurrency out there.
You might think about Facebook’s predecessors, Myspace and Friendster, and wonder if Bitcoin will go the same way.
It’s well worth researching the alternatives to decide if you want to diversify your crypto holdings.
If you’re still not convinced that cryptocurrencies as a whole will be around forever, look into less volatile investments with some of our top online brokerages.
Our experts have ranked and reviewed the top online stock brokers – simply click here to see the results and learn how to take advantage of the free trades and cash bonuses that our top-rated brokers are offering.
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