Bitcoin and Blockchain is trending upward again, with the cryptocurrency briefly topping the $60,000 mark for the first time ever on Saturday. As recently as September 2020, one bitcoin was worth just over $10,000, and the recent rally has prompted more investors to get into crypto for the first time.
Cryptocurrency investors in USA should strive to be unfazed when they see major movements, whether they’re positive or negative, Traidman says.
“Be aware that if you put in X amount of money, there will be a time when you open your wallet and are down 30%,” he says. “There will also be a time when you’re up 2x.”
