How to Make Money From Bitcoin Volatility

A stock price is the company’s future earnings potential, and the price investors are willing to pay to get a share in future earnings or revenue.

During the 2017-2018 crypto bubble burst, the BTC price dipped 80% after a series of security and regulatory issues floored in early January 2018.

So if you are filthy rich or became filthy rich because of cryptocurrency and have not shown that income to the CRA, be prepared for scrutiny.

And the factor that controls its demand is its popularity because BTC in itself has limited utility.

But instead of buying BTC, consider investing in the Purpose Bitcoin CAD ETF , Canada’s first Bitcoin ETF.

The ETF buys BTC and stores it, relieving you from the risk of hack and problems associated with the crypto trading platform.

Instead, keep aside a very small portion, probably $100 or $200 and invest that in the Bitcoin ETF.

Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors.

Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead.

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Toronto, Ontario–, is pleased to provide an update on recently disseminated news by Glow LifeTech Corp.

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