Can I still get rich off Bitcoin??

03/26/2018

While it is too late to get rich from investing in Bitcoin, it's not too late to lose a bunch of money from investing in it!

According to digital currency exchange Coinbase, Bitcoin is down almost 23% in the month of March and is hovering around just below $8,000 for one coin. This is a far cry from where the price was in mid-December at right around $20,000 per coin.

Look, by no means do I have an in-depth understanding of Bitcoin and the blockchain technology behind it...and neither do governments around the world. Until governments can fully understand how cryptocurrencies and blockchain will affect the financial atmosphere, they are going to do everything possible to put as much regulation in place as possible. This, in my opinion will gradually lower the worth of Bitcoin.

For the time being, if you're not willing to lose everything you put into it, STAY AWAY FROM BITCOIN!

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