In only 12 years, this cryptocurrency has gone from having no monetary value to surging above $60,000 for a brief period.
At the start of May 2011, Bitcoin was trading for approximately $3.50 .
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It’s important to mention that the last sentence is a big assumption.
If there’s one key takeaway, it is that the digital currency has been very unpredictable.
If you decide to buy Bitcoin at the current price level, do so with its volatile and unpredictable nature in mind.
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Matt is a Certified Financial Planner® and investment advisor based in Columbia, South Carolina.
We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.