🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 169 (from laksa126)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa169.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://builtin.com/blockchain/is-bitcoin-good-investment\')), getAhrefsUnparsedNoserviceFromURL(\'https://builtin.com/blockchain/is-bitcoin-good-investment\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/builtin.com\/blockchain\/is-bitcoin-good-investment","crawl_time":1775915458,"first_indexed_time":1668211439,"http_code":200,"src_unparsed":"com,builtin!\/blockchain\/is-bitcoin-good-investment s443","src_root_hash":"7607033694470393769","history_drop_reason":null,"meta_title":"Is Bitcoin a Good Investment? | Built In","meta_descriptions":["Bitcoin is the first digital currency to gain mainstream acceptance, but is it a good investment? Our expert shares his perspective on its prospects."],"attrs_boilerpipe_text":"Bitcoin is generally regarded as the first mainstream\ndigital currency\n. First commercially used in\n2010\n, Bitcoin is now the most well-known and\nmost widely accepted digital currency\non the planet. It’s accepted by more companies and individuals than any similar alternative. Several countries have even made Bitcoin their national currency.\nLike any traditional currency or stock, anyone can invest in Bitcoin by purchasing some and watching how it responds to the market. Unlike traditional currencies and stocks, however, Bitcoin’s value changes more quickly and more severely. That makes Bitcoin is one of the most exciting — and unpredictable — investments available.\nAlthough Bitcoin can be appealing, investors should be cautious and educate themselves before investing. Here’s what to expect.\nIs Bitcoin a Good Investment?\nBitcoin is growing in popularity as a financial asset and investment opportunity.\nUnlike more traditional investments, Bitcoin can change value rapidly due to shifting supply and demand, variable national regulations, and so-called “whale” investors who can affect the space.\nYou can purchase Bitcoin via online exchanges.\nBe sure to consult with a financial advisor before making any investments.\nMore From David Koff:\nHow Does Cryptocurrency Work?\nHow Much Can Bitcoin Change in Value?\nBitcoin, like anything else that trades on a market, will experience substantial value changes. Over the years, the value of Bitcoin has shifted, sometimes dramatically: in 2019 each Bitcoin was worth about $5,000; by the end of 2019, that price had changed to $60,000; and throughout much of 2022, it’s hovered around $20,000.\nBitcoin is highly volatile\n, as the currency is available for international trade 24 hours a day.\nEstimates suggest Bitcoin can see value changes\nof 2 to 3 percent daily. By comparison, most currencies and precious metals only see average changes of less than half a percentage point daily.\nThis immense volatility makes Bitcoin riskier than many other investments. That volatility has an upside, however: The currency can also dramatically rise in value.\nWhy Is Bitcoin So Volatile?\nUnderstanding the volatility of Bitcoin is critical to helping investors make wise decisions with their money. Here are the main reasons:\nSupply and demand.\nAs with any investment, these two foundational concepts influence Bitcoin’s value. Prices become higher if there are fewer digital coins available to trade.\nBitcoin is limited to only 21 million tokens, so the cost could increase when\nthe available supply stops growing. Prices also rise when Bitcoin’s popularity fuels demands for the digital coin.\nState and National Regulations.\nIn general, the fewer the regulations, the easier it is for people to adopt and use an investment. If people are prohibited from using Bitcoin, the currency cannot thrive and the demand is forced down. This can impact Bitcoin’s overall market value.\nWhales.\nIndividuals or companies that hold large amounts of any digital currency are known as “\nwhales\n.”\nWhen whales purchase or sell large stakes in Bitcoin, the market responds in disproportionate ways. A massive selloff of Bitcoin by one or more whales can signal that Bitcoin might have peaked in value. This can set off a chain reaction where others follow suit, which can quickly devalue the currency.\nThe trading volume for Bitcoin varies each day. But that volume can become substantial when new developments occur. The Bitcoin community is a\nclose-knit group of investors and supporters\nwith worldwide members that constantly seek the latest developments. They want to see how the currency is changing and what they can expect from their investments. Therefore, people will often look to see what the community is thinking about when figuring out if the currency may change.\nHow Do I Get Bitcoin?\nOne reason why Bitcoin is a popular investment is due to\nhow easy it is for people to acquire it\n.\nExchanges\nlike Coinbase, Coins-e.com, and Cryptsy help people purchase Bitcoin online. Those exchanges include rates between Bitcoin and traditional currencies, also called\nfiat\ncurrencies, to help investors understand the costs of their potential investments. Exchanges also allow investors to exchange cryptocurrencies and fiat currencies on their platforms.\nInvestors also need\ncryptocurrency wallets\n. Crypto wallets store critical data about investors’ currencies. This includes the public and private keys necessary for financial transactions to occur safely, privately, and with accountability. Wallet keys are essential for encrypting and decrypting data, a function that prevents unauthorized parties from accessing other people’s currencies.\nAs Bitcoin has become more and more mainstream, accessing your Bitcoin has as well.\nBitcoin ATMs\nare becoming more common. These machines allow people to purchase Bitcoin, exchange crypto assets, and withdraw Bitcoin as fiat currency.\nAnother important reason that Bitcoin is so popular is that it pioneered the ability for investors to purchase fractions of coins. Bitcoin tokens are divisible to eight decimal places. That permits those with limited funds to still become users and investors.\nBitcoin as a Financial Asset\nBitcoin is relatively new in the market compared to more traditional investments like stocks and bonds. That makes it unique and somewhat attractive to casual investors. That uniqueness has also led to a question whose answer might involve governmental oversight: Are\nBitcoins and other cryptocurrencies securities or a commodities?\nSome consider cryptocurrencies like Bitcoin to be commodities because — like traditional currencies — anyone can use them to purchase goods and services; others consider some cryptocurrencies to be a securities because the digital coins that get purchased are investments in the companies that issue them.. \nOne thing is certain: Bitcoin’s unique and unpredictable nature makes it appealing to many investors and portfolios.\nMore on Blockchain:\nWhere to Buy NFTs in 2022: 20 Marketplaces and What They Sell \nInvesting in Bitcoin\nBitcoin, like any other investment, comes with risk. The volatility of its price and the unpredictability of its value are substantial concerns. But security is also an issue; like all technologies, malicious hackers can and do find ways to exploit digital currencies and the platforms on which they operate.\nHundreds of millions of dollars of cryptocurrency are stolen every year\n. \nBitcoin can make for an appealing investment when you consider all factors. It can even work alongside other individual investments like stocks or bonds to better diversify investors’ portfolios. As always, it’s essential for investors to educate themselves and to work with financial planners and fiduciaries who have substantial experience in this space.","attrs_markdown":"[![Built In Logo](https:\/\/static.builtin.com\/dist\/images\/bi-header-logo.svg) ![Built In Logo](https:\/\/static.builtin.com\/dist\/images\/bi-header-logo.svg)](https:\/\/builtin.com\/)\n\n[In Jobs](https:\/\/builtin.com\/jobs?search=)\n\n[View All Jobs](https:\/\/builtin.com\/jobs)\n\n[For Employers](https:\/\/employers.builtin.com\/?utm_medium=BIReferral&utm_source=foremployers)\n\n[Join](https:\/\/builtin.com\/auth\/signup?destination=%2Fblockchain%2Fis-bitcoin-good-investment)\n\n[Log In](https:\/\/builtin.com\/auth\/login?destination=%2Fblockchain%2Fis-bitcoin-good-investment)\n\n- [Jobs](https:\/\/builtin.com\/jobs)\n- [Companies](https:\/\/builtin.com\/companies)\n- [Remote](https:\/\/builtin.com\/jobs\/remote)\n- [Articles](https:\/\/builtin.com\/tech-topics)\n- [Best Places To Work](https:\/\/builtin.com\/awards\/us\/2026\/best-places-to-work)\n- [Job Application Tracker](https:\/\/builtin.com\/auth\/login?destination=%2Fhome%23application-tracker-section)\n\n- [Blockchain](https:\/\/builtin.com\/tag\/blockchain \"Blockchain\")\n- [Finance](https:\/\/builtin.com\/tag\/finance \"Finance\")\n- [Expert Contributors](https:\/\/builtin.com\/tag\/expert-contributors \"Expert Contributors\")\n- \\+1\n- [Cryptocurrency](https:\/\/builtin.com\/tag\/cryptocurrency \"Cryptocurrency\")\n- \\+3\n\n# Is Bitcoin a Good Investment?\nBitcoin is the first digital currency to gain mainstream acceptance, but is it a good investment? Our expert shares his perspective on its prospects.\n\n![David Koff](https:\/\/cdn.builtin.com\/cdn-cgi\/image\/f=auto,w=96,h=96,q=100\/sites\/www.builtin.com\/files\/2022-09\/Screen%20Shot%202022-09-14%20at%2011.45.29%20AM.png)\n\nWritten by [David Koff](https:\/\/builtin.com\/authors\/david-koff)\n\nPublished on Nov. 16, 2022\n\n![A Bitcoin being slotted into a piggy bank.](https:\/\/cdn.builtin.com\/cdn-cgi\/image\/f=auto,fit=cover,w=320,h=200,q=80\/sites\/www.builtin.com\/files\/2022-11\/is-bitcoin-good-investment.jpg)\n\nImage: Shutterstock \/ Built In\n\n![Brand Studio Logo](https:\/\/static.builtin.com\/dist\/images\/expert-badge.svg)\n\nBitcoin is generally regarded as the first mainstream [digital currency](https:\/\/builtin.com\/blockchain\/list-of-cryptocurrencies). First commercially used in [2010](https:\/\/en.wikipedia.org\/wiki\/History_of_bitcoin#Growth), Bitcoin is now the most well-known and [most widely accepted digital currency](https:\/\/99bitcoins.com\/bitcoin\/who-accepts\/) on the planet. It’s accepted by more companies and individuals than any similar alternative. Several countries have even made Bitcoin their national currency.\n\nLike any traditional currency or stock, anyone can invest in Bitcoin by purchasing some and watching how it responds to the market. Unlike traditional currencies and stocks, however, Bitcoin’s value changes more quickly and more severely. That makes Bitcoin is one of the most exciting — and unpredictable — investments available.\n\nAlthough Bitcoin can be appealing, investors should be cautious and educate themselves before investing. Here’s what to expect.\n\n## Is Bitcoin a Good Investment?\n- Bitcoin is growing in popularity as a financial asset and investment opportunity.\n- Unlike more traditional investments, Bitcoin can change value rapidly due to shifting supply and demand, variable national regulations, and so-called “whale” investors who can affect the space.\n- You can purchase Bitcoin via online exchanges.\n- Be sure to consult with a financial advisor before making any investments.\n\nMore From David Koff: [How Does Cryptocurrency Work?](https:\/\/builtin.com\/blockchain\/how-does-cryptocurrency-work)\n\n## How Much Can Bitcoin Change in Value?\nBitcoin, like anything else that trades on a market, will experience substantial value changes. Over the years, the value of Bitcoin has shifted, sometimes dramatically: in 2019 each Bitcoin was worth about \\$5,000; by the end of 2019, that price had changed to \\$60,000; and throughout much of 2022, it’s hovered around \\$20,000.\n\n[Bitcoin is highly volatile](https:\/\/link.springer.com\/article\/10.1007\/s00181-020-01990-5), as the currency is available for international trade 24 hours a day. [Estimates suggest Bitcoin can see value changes](https:\/\/www.aier.org\/article\/bitcoin-remains-vastly-more-volatile-than-traditional-currencies\/) of 2 to 3 percent daily. By comparison, most currencies and precious metals only see average changes of less than half a percentage point daily.\n\nThis immense volatility makes Bitcoin riskier than many other investments. That volatility has an upside, however: The currency can also dramatically rise in value.\n\n## Why Is Bitcoin So Volatile?\nUnderstanding the volatility of Bitcoin is critical to helping investors make wise decisions with their money. Here are the main reasons:\n\n- **Supply and demand.** As with any investment, these two foundational concepts influence Bitcoin’s value. Prices become higher if there are fewer digital coins available to trade. [Bitcoin is limited to only 21 million tokens, so the cost could increase when](https:\/\/positivemoney.org\/2014\/04\/bitcoins-fatal-design-flaws\/) the available supply stops growing. Prices also rise when Bitcoin’s popularity fuels demands for the digital coin.\n- **State and National Regulations.** In general, the fewer the regulations, the easier it is for people to adopt and use an investment. If people are prohibited from using Bitcoin, the currency cannot thrive and the demand is forced down. This can impact Bitcoin’s overall market value.\n- **Whales.** Individuals or companies that hold large amounts of any digital currency are known as “[whales](https:\/\/builtin.com\/cryptocurrency\/crypto-whale).” When whales purchase or sell large stakes in Bitcoin, the market responds in disproportionate ways. A massive selloff of Bitcoin by one or more whales can signal that Bitcoin might have peaked in value. This can set off a chain reaction where others follow suit, which can quickly devalue the currency.\n\nThe trading volume for Bitcoin varies each day. But that volume can become substantial when new developments occur. The Bitcoin community is a [close-knit group of investors and supporters](https:\/\/bitcoin.org\/en\/community) with worldwide members that constantly seek the latest developments. They want to see how the currency is changing and what they can expect from their investments. Therefore, people will often look to see what the community is thinking about when figuring out if the currency may change.\n\n## How Do I Get Bitcoin?\nOne reason why Bitcoin is a popular investment is due to [how easy it is for people to acquire it](https:\/\/www.financialplanningassociation.org\/article\/journal\/SEP14-value-bitcoin-enhancing-efficiency-investors-portfolio). [Exchanges](https:\/\/builtin.com\/blockchain\/crypto-trading-platform) like Coinbase, Coins-e.com, and Cryptsy help people purchase Bitcoin online. Those exchanges include rates between Bitcoin and traditional currencies, also called [fiat](https:\/\/builtin.com\/blockchain\/fiat-crypto) currencies, to help investors understand the costs of their potential investments. Exchanges also allow investors to exchange cryptocurrencies and fiat currencies on their platforms.\n\nInvestors also need [cryptocurrency wallets](https:\/\/builtin.com\/blockchain\/what-is-crypto-wallet). Crypto wallets store critical data about investors’ currencies. This includes the public and private keys necessary for financial transactions to occur safely, privately, and with accountability. Wallet keys are essential for encrypting and decrypting data, a function that prevents unauthorized parties from accessing other people’s currencies.\n\nAs Bitcoin has become more and more mainstream, accessing your Bitcoin has as well. [Bitcoin ATMs](https:\/\/coinmap.org\/) are becoming more common. These machines allow people to purchase Bitcoin, exchange crypto assets, and withdraw Bitcoin as fiat currency.\n\nAnother important reason that Bitcoin is so popular is that it pioneered the ability for investors to purchase fractions of coins. Bitcoin tokens are divisible to eight decimal places. That permits those with limited funds to still become users and investors.\n\n## Bitcoin as a Financial Asset\nBitcoin is relatively new in the market compared to more traditional investments like stocks and bonds. That makes it unique and somewhat attractive to casual investors. That uniqueness has also led to a question whose answer might involve governmental oversight: Are [Bitcoins and other cryptocurrencies securities or a commodities?](https:\/\/www.reuters.com\/legal\/transactional\/are-cryptocurrencies-securities-sec-is-answering-question-2022-03-21\/)\n\nSome consider cryptocurrencies like Bitcoin to be commodities because — like traditional currencies — anyone can use them to purchase goods and services; others consider some cryptocurrencies to be a securities because the digital coins that get purchased are investments in the companies that issue them..\n\nOne thing is certain: Bitcoin’s unique and unpredictable nature makes it appealing to many investors and portfolios.\n\nMore on Blockchain: [Where to Buy NFTs in 2022: 20 Marketplaces and What They Sell](https:\/\/builtin.com\/blockchain\/non-fungible-token-nft)\n\n## Investing in Bitcoin\nBitcoin, like any other investment, comes with risk. The volatility of its price and the unpredictability of its value are substantial concerns. But security is also an issue; like all technologies, malicious hackers can and do find ways to exploit digital currencies and the platforms on which they operate. [Hundreds of millions of dollars of cryptocurrency are stolen every year](https:\/\/www.cnbc.com\/2022\/08\/10\/hackers-have-stolen-1point4-billion-this-year-using-crypto-bridges.html).\n\nBitcoin can make for an appealing investment when you consider all factors. It can even work alongside other individual investments like stocks or bonds to better diversify investors’ portfolios. As always, it’s essential for investors to educate themselves and to work with financial planners and fiduciaries who have substantial experience in this space.\n\nThis content is for informational and educational purposes only. Built In strives to maintain accuracy in all its editorial coverage, but it is not intended to be a substitute for financial or legal advice.\n\n### Recent Blockchain Articles\n[![What Is Polymarket? How the Prediction Market Platform Works.](https:\/\/cdn.builtin.com\/cdn-cgi\/image\/f=auto,fit=contain,w=120,h=70,q=80\/sites\/www.builtin.com\/files\/2026-04\/what-is-polymarket.jpg) What Is Polymarket? How the Prediction Market Platform Works.](https:\/\/builtin.com\/articles\/what-is-polymarket)\n\n[![Blockchain in Finance: What It Is and How It’s Used](https:\/\/cdn.builtin.com\/cdn-cgi\/image\/f=auto,fit=contain,w=120,h=70,q=80\/sites\/www.builtin.com\/files\/blockchain-banking-finance-fintech.jpg) Blockchain in Finance: What It Is and How It’s Used](https:\/\/builtin.com\/blockchain\/blockchain-banking-finance-fintech)\n\n[![Why We Need ‘Know Your Agent’ Standards Now](https:\/\/cdn.builtin.com\/cdn-cgi\/image\/f=auto,fit=contain,w=120,h=70,q=80\/sites\/www.builtin.com\/files\/2026-03\/know-your-agent-standards.png) Why We Need ‘Know Your Agent’ Standards Now](https:\/\/builtin.com\/articles\/know-your-agent-standards)\n\nExplore Job Matches.\n\nJob Title or Keyword\n\nClear search\n\nLocation\n\nFully Remote, Hybrid, On Site\n\nFully Remote\n\nHybrid\n\nOn Site\n\nClear\n\nApply\n\nSee Jobs\n\n- [Jobs](https:\/\/builtin.com\/jobs)\n- [Companies](https:\/\/builtin.com\/companies)\n- [Articles](https:\/\/builtin.com\/tech-topics)\n- [Tracker](https:\/\/builtin.com\/auth\/login?destination=%2Fhome%23application-tracker-section)\n- More\n\n![Built In](https:\/\/static.builtin.com\/dist\/images\/midnight_9.svg)\n\n[Join](https:\/\/builtin.com\/auth\/signup?destination=%2Fblockchain%2Fis-bitcoin-good-investment)\n\n[Log In](https:\/\/builtin.com\/auth\/login?destination=%2Fblockchain%2Fis-bitcoin-good-investment)\n\n- [Tech Jobs](https:\/\/builtin.com\/jobs)\n- [Companies](https:\/\/builtin.com\/companies)\n- [Articles](https:\/\/builtin.com\/tech-topics)\n- [Remote](https:\/\/builtin.com\/jobs\/remote)\n- [Best Places To Work](https:\/\/builtin.com\/awards\/us\/2026\/best-places-to-work)\n- [Tech Hubs](https:\/\/builtin.com\/tech-hubs)\n\n[Post Job](https:\/\/employers.builtin.com\/membership?utm_medium=BIReferral&utm_source=foremployers)\n\n[![BuiltIn](https:\/\/static.builtin.com\/dist\/images\/builtin-logo.svg)](https:\/\/builtin.com\/)\n\n![United We Tech](https:\/\/static.builtin.com\/dist\/images\/united-we-tech.svg)\n\nBuilt In is the online community for startups and tech companies. Find startup jobs, tech news and events.\n\nAbout\n\n[Our Story](https:\/\/builtin.com\/our-story)\n\n[Careers](https:\/\/employers.builtin.com\/careers\/)\n\n[Our Staff Writers](https:\/\/builtin.com\/our-staff)\n\n[Content Descriptions](https:\/\/builtin.com\/content-descriptions)\n***\nGet Involved\n\n[Recruit With Built In](https:\/\/employers.builtin.com\/membership?utm_medium=BIReferral&utm_source=foremployers)\n\n[Become an Expert Contributor](https:\/\/builtin.com\/expert-contributors)\n***\nResources\n\n[Customer Support](https:\/\/knowledgebase.builtin.com\/s\/)\n\n[Share Feedback](https:\/\/form.jotform.com\/223044927257054)\n\n[Report a Bug](https:\/\/knowledgebase.builtin.com\/s\/contactsupport)\n\n[Tech Job Tools + Career Resources](https:\/\/builtin.com\/articles\/grow-your-career)\n\n[Browse Jobs](https:\/\/builtin.com\/browse-jobs)\n\n[Tech A-Z](https:\/\/builtin.com\/tech-dictionary)\n***\nTech Hubs\n\n[Our Sites](https:\/\/builtin.com\/our-sites)\n***\n\n[Learning Lab User Agreement](https:\/\/builtin.com\/learning-lab-user-agreement)   [Accessibility Statement](https:\/\/builtin.com\/accessibility-statement)   [Copyright Policy](https:\/\/builtin.com\/copyright-policy)   [Privacy Policy](https:\/\/builtin.com\/privacy-policy)   [Terms of Use](https:\/\/builtin.com\/community-terms-of-use)   [Your Privacy Choices\/Cookie Settings](https:\/\/builtin.com\/california-do-not-sell-my-information)   [CA Notice of Collection](https:\/\/builtin.com\/ca-notice-collection)\n\n© Built In 2026","attrs_readable_markdown":"Bitcoin is generally regarded as the first mainstream [digital currency](https:\/\/builtin.com\/blockchain\/list-of-cryptocurrencies). First commercially used in [2010](https:\/\/en.wikipedia.org\/wiki\/History_of_bitcoin#Growth), Bitcoin is now the most well-known and [most widely accepted digital currency](https:\/\/99bitcoins.com\/bitcoin\/who-accepts\/) on the planet. It’s accepted by more companies and individuals than any similar alternative. Several countries have even made Bitcoin their national currency.\n\nLike any traditional currency or stock, anyone can invest in Bitcoin by purchasing some and watching how it responds to the market. Unlike traditional currencies and stocks, however, Bitcoin’s value changes more quickly and more severely. That makes Bitcoin is one of the most exciting — and unpredictable — investments available.\n\nAlthough Bitcoin can be appealing, investors should be cautious and educate themselves before investing. Here’s what to expect.\n\n## Is Bitcoin a Good Investment?\n- Bitcoin is growing in popularity as a financial asset and investment opportunity.\n- Unlike more traditional investments, Bitcoin can change value rapidly due to shifting supply and demand, variable national regulations, and so-called “whale” investors who can affect the space.\n- You can purchase Bitcoin via online exchanges.\n- Be sure to consult with a financial advisor before making any investments.\n\nMore From David Koff: [How Does Cryptocurrency Work?](https:\/\/builtin.com\/blockchain\/how-does-cryptocurrency-work)\n\n## How Much Can Bitcoin Change in Value?\nBitcoin, like anything else that trades on a market, will experience substantial value changes. Over the years, the value of Bitcoin has shifted, sometimes dramatically: in 2019 each Bitcoin was worth about \\$5,000; by the end of 2019, that price had changed to \\$60,000; and throughout much of 2022, it’s hovered around \\$20,000.\n\n[Bitcoin is highly volatile](https:\/\/link.springer.com\/article\/10.1007\/s00181-020-01990-5), as the currency is available for international trade 24 hours a day. [Estimates suggest Bitcoin can see value changes](https:\/\/www.aier.org\/article\/bitcoin-remains-vastly-more-volatile-than-traditional-currencies\/) of 2 to 3 percent daily. By comparison, most currencies and precious metals only see average changes of less than half a percentage point daily.\n\nThis immense volatility makes Bitcoin riskier than many other investments. That volatility has an upside, however: The currency can also dramatically rise in value.\n\n## Why Is Bitcoin So Volatile?\nUnderstanding the volatility of Bitcoin is critical to helping investors make wise decisions with their money. Here are the main reasons:\n\n- **Supply and demand.** As with any investment, these two foundational concepts influence Bitcoin’s value. Prices become higher if there are fewer digital coins available to trade. [Bitcoin is limited to only 21 million tokens, so the cost could increase when](https:\/\/positivemoney.org\/2014\/04\/bitcoins-fatal-design-flaws\/) the available supply stops growing. Prices also rise when Bitcoin’s popularity fuels demands for the digital coin.\n- **State and National Regulations.** In general, the fewer the regulations, the easier it is for people to adopt and use an investment. If people are prohibited from using Bitcoin, the currency cannot thrive and the demand is forced down. This can impact Bitcoin’s overall market value.\n- **Whales.** Individuals or companies that hold large amounts of any digital currency are known as “[whales](https:\/\/builtin.com\/cryptocurrency\/crypto-whale).” When whales purchase or sell large stakes in Bitcoin, the market responds in disproportionate ways. A massive selloff of Bitcoin by one or more whales can signal that Bitcoin might have peaked in value. This can set off a chain reaction where others follow suit, which can quickly devalue the currency.\n\nThe trading volume for Bitcoin varies each day. But that volume can become substantial when new developments occur. The Bitcoin community is a [close-knit group of investors and supporters](https:\/\/bitcoin.org\/en\/community) with worldwide members that constantly seek the latest developments. They want to see how the currency is changing and what they can expect from their investments. Therefore, people will often look to see what the community is thinking about when figuring out if the currency may change.\n\n## How Do I Get Bitcoin?\nOne reason why Bitcoin is a popular investment is due to [how easy it is for people to acquire it](https:\/\/www.financialplanningassociation.org\/article\/journal\/SEP14-value-bitcoin-enhancing-efficiency-investors-portfolio). [Exchanges](https:\/\/builtin.com\/blockchain\/crypto-trading-platform) like Coinbase, Coins-e.com, and Cryptsy help people purchase Bitcoin online. Those exchanges include rates between Bitcoin and traditional currencies, also called [fiat](https:\/\/builtin.com\/blockchain\/fiat-crypto) currencies, to help investors understand the costs of their potential investments. Exchanges also allow investors to exchange cryptocurrencies and fiat currencies on their platforms.\n\nInvestors also need [cryptocurrency wallets](https:\/\/builtin.com\/blockchain\/what-is-crypto-wallet). Crypto wallets store critical data about investors’ currencies. This includes the public and private keys necessary for financial transactions to occur safely, privately, and with accountability. Wallet keys are essential for encrypting and decrypting data, a function that prevents unauthorized parties from accessing other people’s currencies.\n\nAs Bitcoin has become more and more mainstream, accessing your Bitcoin has as well. [Bitcoin ATMs](https:\/\/coinmap.org\/) are becoming more common. These machines allow people to purchase Bitcoin, exchange crypto assets, and withdraw Bitcoin as fiat currency.\n\nAnother important reason that Bitcoin is so popular is that it pioneered the ability for investors to purchase fractions of coins. Bitcoin tokens are divisible to eight decimal places. That permits those with limited funds to still become users and investors.\n\n## Bitcoin as a Financial Asset\nBitcoin is relatively new in the market compared to more traditional investments like stocks and bonds. That makes it unique and somewhat attractive to casual investors. That uniqueness has also led to a question whose answer might involve governmental oversight: Are [Bitcoins and other cryptocurrencies securities or a commodities?](https:\/\/www.reuters.com\/legal\/transactional\/are-cryptocurrencies-securities-sec-is-answering-question-2022-03-21\/)\n\nSome consider cryptocurrencies like Bitcoin to be commodities because — like traditional currencies — anyone can use them to purchase goods and services; others consider some cryptocurrencies to be a securities because the digital coins that get purchased are investments in the companies that issue them..\n\nOne thing is certain: Bitcoin’s unique and unpredictable nature makes it appealing to many investors and portfolios.\n\nMore on Blockchain: [Where to Buy NFTs in 2022: 20 Marketplaces and What They Sell](https:\/\/builtin.com\/blockchain\/non-fungible-token-nft)\n\n## Investing in Bitcoin\nBitcoin, like any other investment, comes with risk. The volatility of its price and the unpredictability of its value are substantial concerns. But security is also an issue; like all technologies, malicious hackers can and do find ways to exploit digital currencies and the platforms on which they operate. [Hundreds of millions of dollars of cryptocurrency are stolen every year](https:\/\/www.cnbc.com\/2022\/08\/10\/hackers-have-stolen-1point4-billion-this-year-using-crypto-bridges.html).\n\nBitcoin can make for an appealing investment when you consider all factors. It can even work alongside other individual investments like stocks or bonds to better diversify investors’ portfolios. As always, it’s essential for investors to educate themselves and to work with financial planners and fiduciaries who have substantial experience in this space.","meta_canonical":null}

3. Robots.txt Check

Query:

Response:

4. Spam/Ban Check

Query:

Response:

5. Seen Status Check

ℹ️ Skipped - page is already crawled

📄

INDEXABLE

✅

CRAWLED

4 hours ago

🤖

ROBOTS ALLOWED

Page Info Filters

Filter	Status	Condition	Details
HTTP status	PASS	`download_http_code = 200`	HTTP 200
Age cutoff	PASS	`download_stamp > now() - 6 MONTH`	0 months ago
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Boilerpipe Text	Bitcoin is generally regarded as the first mainstream digital currency . First commercially used in 2010 , Bitcoin is now the most well-known and most widely accepted digital currency on the planet. It’s accepted by more companies and individuals than any similar alternative. Several countries have even made Bitcoin their national currency. Like any traditional currency or stock, anyone can invest in Bitcoin by purchasing some and watching how it responds to the market. Unlike traditional currencies and stocks, however, Bitcoin’s value changes more quickly and more severely. That makes Bitcoin is one of the most exciting — and unpredictable — investments available. Although Bitcoin can be appealing, investors should be cautious and educate themselves before investing. Here’s what to expect. Is Bitcoin a Good Investment? Bitcoin is growing in popularity as a financial asset and investment opportunity. Unlike more traditional investments, Bitcoin can change value rapidly due to shifting supply and demand, variable national regulations, and so-called “whale” investors who can affect the space. You can purchase Bitcoin via online exchanges. Be sure to consult with a financial advisor before making any investments. More From David Koff: How Does Cryptocurrency Work? How Much Can Bitcoin Change in Value? Bitcoin, like anything else that trades on a market, will experience substantial value changes. Over the years, the value of Bitcoin has shifted, sometimes dramatically: in 2019 each Bitcoin was worth about $5,000; by the end of 2019, that price had changed to $60,000; and throughout much of 2022, it’s hovered around $20,000. Bitcoin is highly volatile , as the currency is available for international trade 24 hours a day. Estimates suggest Bitcoin can see value changes of 2 to 3 percent daily. By comparison, most currencies and precious metals only see average changes of less than half a percentage point daily. This immense volatility makes Bitcoin riskier than many other investments. That volatility has an upside, however: The currency can also dramatically rise in value. Why Is Bitcoin So Volatile? Understanding the volatility of Bitcoin is critical to helping investors make wise decisions with their money. Here are the main reasons: Supply and demand. As with any investment, these two foundational concepts influence Bitcoin’s value. Prices become higher if there are fewer digital coins available to trade. Bitcoin is limited to only 21 million tokens, so the cost could increase when the available supply stops growing. Prices also rise when Bitcoin’s popularity fuels demands for the digital coin. State and National Regulations. In general, the fewer the regulations, the easier it is for people to adopt and use an investment. If people are prohibited from using Bitcoin, the currency cannot thrive and the demand is forced down. This can impact Bitcoin’s overall market value. Whales. Individuals or companies that hold large amounts of any digital currency are known as “ whales .” When whales purchase or sell large stakes in Bitcoin, the market responds in disproportionate ways. A massive selloff of Bitcoin by one or more whales can signal that Bitcoin might have peaked in value. This can set off a chain reaction where others follow suit, which can quickly devalue the currency. The trading volume for Bitcoin varies each day. But that volume can become substantial when new developments occur. The Bitcoin community is a close-knit group of investors and supporters with worldwide members that constantly seek the latest developments. They want to see how the currency is changing and what they can expect from their investments. Therefore, people will often look to see what the community is thinking about when figuring out if the currency may change. How Do I Get Bitcoin? One reason why Bitcoin is a popular investment is due to how easy it is for people to acquire it . Exchanges like Coinbase, Coins-e.com, and Cryptsy help people purchase Bitcoin online. Those exchanges include rates between Bitcoin and traditional currencies, also called fiat currencies, to help investors understand the costs of their potential investments. Exchanges also allow investors to exchange cryptocurrencies and fiat currencies on their platforms. Investors also need cryptocurrency wallets . Crypto wallets store critical data about investors’ currencies. This includes the public and private keys necessary for financial transactions to occur safely, privately, and with accountability. Wallet keys are essential for encrypting and decrypting data, a function that prevents unauthorized parties from accessing other people’s currencies. As Bitcoin has become more and more mainstream, accessing your Bitcoin has as well. Bitcoin ATMs are becoming more common. These machines allow people to purchase Bitcoin, exchange crypto assets, and withdraw Bitcoin as fiat currency. Another important reason that Bitcoin is so popular is that it pioneered the ability for investors to purchase fractions of coins. Bitcoin tokens are divisible to eight decimal places. That permits those with limited funds to still become users and investors. Bitcoin as a Financial Asset Bitcoin is relatively new in the market compared to more traditional investments like stocks and bonds. That makes it unique and somewhat attractive to casual investors. That uniqueness has also led to a question whose answer might involve governmental oversight: Are Bitcoins and other cryptocurrencies securities or a commodities? Some consider cryptocurrencies like Bitcoin to be commodities because — like traditional currencies — anyone can use them to purchase goods and services; others consider some cryptocurrencies to be a securities because the digital coins that get purchased are investments in the companies that issue them.. One thing is certain: Bitcoin’s unique and unpredictable nature makes it appealing to many investors and portfolios. More on Blockchain: Where to Buy NFTs in 2022: 20 Marketplaces and What They Sell Investing in Bitcoin Bitcoin, like any other investment, comes with risk. The volatility of its price and the unpredictability of its value are substantial concerns. But security is also an issue; like all technologies, malicious hackers can and do find ways to exploit digital currencies and the platforms on which they operate. Hundreds of millions of dollars of cryptocurrency are stolen every year . Bitcoin can make for an appealing investment when you consider all factors. It can even work alongside other individual investments like stocks or bonds to better diversify investors’ portfolios. As always, it’s essential for investors to educate themselves and to work with financial planners and fiduciaries who have substantial experience in this space.
Markdown	[![Built In Logo](https://static.builtin.com/dist/images/bi-header-logo.svg) ![Built In Logo](https://static.builtin.com/dist/images/bi-header-logo.svg)](https://builtin.com/) [In Jobs](https://builtin.com/jobs?search=) [View All Jobs](https://builtin.com/jobs) [For Employers](https://employers.builtin.com/?utm_medium=BIReferral&utm_source=foremployers) [Join](https://builtin.com/auth/signup?destination=%2Fblockchain%2Fis-bitcoin-good-investment) [Log In](https://builtin.com/auth/login?destination=%2Fblockchain%2Fis-bitcoin-good-investment) - [Jobs](https://builtin.com/jobs) - [Companies](https://builtin.com/companies) - [Remote](https://builtin.com/jobs/remote) - [Articles](https://builtin.com/tech-topics) - [Best Places To Work](https://builtin.com/awards/us/2026/best-places-to-work) - [Job Application Tracker](https://builtin.com/auth/login?destination=%2Fhome%23application-tracker-section) - [Blockchain](https://builtin.com/tag/blockchain "Blockchain") - [Finance](https://builtin.com/tag/finance "Finance") - [Expert Contributors](https://builtin.com/tag/expert-contributors "Expert Contributors") - \+1 - [Cryptocurrency](https://builtin.com/tag/cryptocurrency "Cryptocurrency") - \+3 # Is Bitcoin a Good Investment? Bitcoin is the first digital currency to gain mainstream acceptance, but is it a good investment? Our expert shares his perspective on its prospects. ![David Koff](https://cdn.builtin.com/cdn-cgi/image/f=auto,w=96,h=96,q=100/sites/www.builtin.com/files/2022-09/Screen%20Shot%202022-09-14%20at%2011.45.29%20AM.png) Written by [David Koff](https://builtin.com/authors/david-koff) Published on Nov. 16, 2022 ![A Bitcoin being slotted into a piggy bank.](https://cdn.builtin.com/cdn-cgi/image/f=auto,fit=cover,w=320,h=200,q=80/sites/www.builtin.com/files/2022-11/is-bitcoin-good-investment.jpg) Image: Shutterstock / Built In ![Brand Studio Logo](https://static.builtin.com/dist/images/expert-badge.svg) Bitcoin is generally regarded as the first mainstream [digital currency](https://builtin.com/blockchain/list-of-cryptocurrencies). First commercially used in [2010](https://en.wikipedia.org/wiki/History_of_bitcoin#Growth), Bitcoin is now the most well-known and [most widely accepted digital currency](https://99bitcoins.com/bitcoin/who-accepts/) on the planet. It’s accepted by more companies and individuals than any similar alternative. Several countries have even made Bitcoin their national currency. Like any traditional currency or stock, anyone can invest in Bitcoin by purchasing some and watching how it responds to the market. Unlike traditional currencies and stocks, however, Bitcoin’s value changes more quickly and more severely. That makes Bitcoin is one of the most exciting — and unpredictable — investments available. Although Bitcoin can be appealing, investors should be cautious and educate themselves before investing. Here’s what to expect. ## Is Bitcoin a Good Investment? - Bitcoin is growing in popularity as a financial asset and investment opportunity. - Unlike more traditional investments, Bitcoin can change value rapidly due to shifting supply and demand, variable national regulations, and so-called “whale” investors who can affect the space. - You can purchase Bitcoin via online exchanges. - Be sure to consult with a financial advisor before making any investments. More From David Koff: [How Does Cryptocurrency Work?](https://builtin.com/blockchain/how-does-cryptocurrency-work) ## How Much Can Bitcoin Change in Value? Bitcoin, like anything else that trades on a market, will experience substantial value changes. Over the years, the value of Bitcoin has shifted, sometimes dramatically: in 2019 each Bitcoin was worth about \$5,000; by the end of 2019, that price had changed to \$60,000; and throughout much of 2022, it’s hovered around \$20,000. [Bitcoin is highly volatile](https://link.springer.com/article/10.1007/s00181-020-01990-5), as the currency is available for international trade 24 hours a day. [Estimates suggest Bitcoin can see value changes](https://www.aier.org/article/bitcoin-remains-vastly-more-volatile-than-traditional-currencies/) of 2 to 3 percent daily. By comparison, most currencies and precious metals only see average changes of less than half a percentage point daily. This immense volatility makes Bitcoin riskier than many other investments. That volatility has an upside, however: The currency can also dramatically rise in value. ## Why Is Bitcoin So Volatile? Understanding the volatility of Bitcoin is critical to helping investors make wise decisions with their money. Here are the main reasons: - Supply and demand. As with any investment, these two foundational concepts influence Bitcoin’s value. Prices become higher if there are fewer digital coins available to trade. [Bitcoin is limited to only 21 million tokens, so the cost could increase when](https://positivemoney.org/2014/04/bitcoins-fatal-design-flaws/) the available supply stops growing. Prices also rise when Bitcoin’s popularity fuels demands for the digital coin. - State and National Regulations. In general, the fewer the regulations, the easier it is for people to adopt and use an investment. If people are prohibited from using Bitcoin, the currency cannot thrive and the demand is forced down. This can impact Bitcoin’s overall market value. - Whales. Individuals or companies that hold large amounts of any digital currency are known as “[whales](https://builtin.com/cryptocurrency/crypto-whale).” When whales purchase or sell large stakes in Bitcoin, the market responds in disproportionate ways. A massive selloff of Bitcoin by one or more whales can signal that Bitcoin might have peaked in value. This can set off a chain reaction where others follow suit, which can quickly devalue the currency. The trading volume for Bitcoin varies each day. But that volume can become substantial when new developments occur. The Bitcoin community is a [close-knit group of investors and supporters](https://bitcoin.org/en/community) with worldwide members that constantly seek the latest developments. They want to see how the currency is changing and what they can expect from their investments. Therefore, people will often look to see what the community is thinking about when figuring out if the currency may change. ## How Do I Get Bitcoin? One reason why Bitcoin is a popular investment is due to [how easy it is for people to acquire it](https://www.financialplanningassociation.org/article/journal/SEP14-value-bitcoin-enhancing-efficiency-investors-portfolio). [Exchanges](https://builtin.com/blockchain/crypto-trading-platform) like Coinbase, Coins-e.com, and Cryptsy help people purchase Bitcoin online. Those exchanges include rates between Bitcoin and traditional currencies, also called [fiat](https://builtin.com/blockchain/fiat-crypto) currencies, to help investors understand the costs of their potential investments. Exchanges also allow investors to exchange cryptocurrencies and fiat currencies on their platforms. Investors also need [cryptocurrency wallets](https://builtin.com/blockchain/what-is-crypto-wallet). Crypto wallets store critical data about investors’ currencies. This includes the public and private keys necessary for financial transactions to occur safely, privately, and with accountability. Wallet keys are essential for encrypting and decrypting data, a function that prevents unauthorized parties from accessing other people’s currencies. As Bitcoin has become more and more mainstream, accessing your Bitcoin has as well. [Bitcoin ATMs](https://coinmap.org/) are becoming more common. These machines allow people to purchase Bitcoin, exchange crypto assets, and withdraw Bitcoin as fiat currency. Another important reason that Bitcoin is so popular is that it pioneered the ability for investors to purchase fractions of coins. Bitcoin tokens are divisible to eight decimal places. That permits those with limited funds to still become users and investors. ## Bitcoin as a Financial Asset Bitcoin is relatively new in the market compared to more traditional investments like stocks and bonds. That makes it unique and somewhat attractive to casual investors. That uniqueness has also led to a question whose answer might involve governmental oversight: Are [Bitcoins and other cryptocurrencies securities or a commodities?](https://www.reuters.com/legal/transactional/are-cryptocurrencies-securities-sec-is-answering-question-2022-03-21/) Some consider cryptocurrencies like Bitcoin to be commodities because — like traditional currencies — anyone can use them to purchase goods and services; others consider some cryptocurrencies to be a securities because the digital coins that get purchased are investments in the companies that issue them.. One thing is certain: Bitcoin’s unique and unpredictable nature makes it appealing to many investors and portfolios. More on Blockchain: [Where to Buy NFTs in 2022: 20 Marketplaces and What They Sell](https://builtin.com/blockchain/non-fungible-token-nft) ## Investing in Bitcoin Bitcoin, like any other investment, comes with risk. The volatility of its price and the unpredictability of its value are substantial concerns. But security is also an issue; like all technologies, malicious hackers can and do find ways to exploit digital currencies and the platforms on which they operate. [Hundreds of millions of dollars of cryptocurrency are stolen every year](https://www.cnbc.com/2022/08/10/hackers-have-stolen-1point4-billion-this-year-using-crypto-bridges.html). Bitcoin can make for an appealing investment when you consider all factors. It can even work alongside other individual investments like stocks or bonds to better diversify investors’ portfolios. As always, it’s essential for investors to educate themselves and to work with financial planners and fiduciaries who have substantial experience in this space. This content is for informational and educational purposes only. Built In strives to maintain accuracy in all its editorial coverage, but it is not intended to be a substitute for financial or legal advice. ### Recent Blockchain Articles [![What Is Polymarket? How the Prediction Market Platform Works.](https://cdn.builtin.com/cdn-cgi/image/f=auto,fit=contain,w=120,h=70,q=80/sites/www.builtin.com/files/2026-04/what-is-polymarket.jpg) What Is Polymarket? How the Prediction Market Platform Works.](https://builtin.com/articles/what-is-polymarket) [![Blockchain in Finance: What It Is and How It’s Used](https://cdn.builtin.com/cdn-cgi/image/f=auto,fit=contain,w=120,h=70,q=80/sites/www.builtin.com/files/blockchain-banking-finance-fintech.jpg) Blockchain in Finance: What It Is and How It’s Used](https://builtin.com/blockchain/blockchain-banking-finance-fintech) [![Why We Need ‘Know Your Agent’ Standards Now](https://cdn.builtin.com/cdn-cgi/image/f=auto,fit=contain,w=120,h=70,q=80/sites/www.builtin.com/files/2026-03/know-your-agent-standards.png) Why We Need ‘Know Your Agent’ Standards Now](https://builtin.com/articles/know-your-agent-standards) Explore Job Matches. 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Readable Markdown	Bitcoin is generally regarded as the first mainstream [digital currency](https://builtin.com/blockchain/list-of-cryptocurrencies). First commercially used in [2010](https://en.wikipedia.org/wiki/History_of_bitcoin#Growth), Bitcoin is now the most well-known and [most widely accepted digital currency](https://99bitcoins.com/bitcoin/who-accepts/) on the planet. It’s accepted by more companies and individuals than any similar alternative. Several countries have even made Bitcoin their national currency. Like any traditional currency or stock, anyone can invest in Bitcoin by purchasing some and watching how it responds to the market. Unlike traditional currencies and stocks, however, Bitcoin’s value changes more quickly and more severely. That makes Bitcoin is one of the most exciting — and unpredictable — investments available. Although Bitcoin can be appealing, investors should be cautious and educate themselves before investing. Here’s what to expect. ## Is Bitcoin a Good Investment? - Bitcoin is growing in popularity as a financial asset and investment opportunity. - Unlike more traditional investments, Bitcoin can change value rapidly due to shifting supply and demand, variable national regulations, and so-called “whale” investors who can affect the space. - You can purchase Bitcoin via online exchanges. - Be sure to consult with a financial advisor before making any investments. More From David Koff: [How Does Cryptocurrency Work?](https://builtin.com/blockchain/how-does-cryptocurrency-work) ## How Much Can Bitcoin Change in Value? Bitcoin, like anything else that trades on a market, will experience substantial value changes. Over the years, the value of Bitcoin has shifted, sometimes dramatically: in 2019 each Bitcoin was worth about \$5,000; by the end of 2019, that price had changed to \$60,000; and throughout much of 2022, it’s hovered around \$20,000. [Bitcoin is highly volatile](https://link.springer.com/article/10.1007/s00181-020-01990-5), as the currency is available for international trade 24 hours a day. [Estimates suggest Bitcoin can see value changes](https://www.aier.org/article/bitcoin-remains-vastly-more-volatile-than-traditional-currencies/) of 2 to 3 percent daily. By comparison, most currencies and precious metals only see average changes of less than half a percentage point daily. This immense volatility makes Bitcoin riskier than many other investments. That volatility has an upside, however: The currency can also dramatically rise in value. ## Why Is Bitcoin So Volatile? Understanding the volatility of Bitcoin is critical to helping investors make wise decisions with their money. Here are the main reasons: - Supply and demand. As with any investment, these two foundational concepts influence Bitcoin’s value. Prices become higher if there are fewer digital coins available to trade. [Bitcoin is limited to only 21 million tokens, so the cost could increase when](https://positivemoney.org/2014/04/bitcoins-fatal-design-flaws/) the available supply stops growing. Prices also rise when Bitcoin’s popularity fuels demands for the digital coin. - State and National Regulations. In general, the fewer the regulations, the easier it is for people to adopt and use an investment. If people are prohibited from using Bitcoin, the currency cannot thrive and the demand is forced down. This can impact Bitcoin’s overall market value. - Whales. Individuals or companies that hold large amounts of any digital currency are known as “[whales](https://builtin.com/cryptocurrency/crypto-whale).” When whales purchase or sell large stakes in Bitcoin, the market responds in disproportionate ways. A massive selloff of Bitcoin by one or more whales can signal that Bitcoin might have peaked in value. This can set off a chain reaction where others follow suit, which can quickly devalue the currency. The trading volume for Bitcoin varies each day. But that volume can become substantial when new developments occur. The Bitcoin community is a [close-knit group of investors and supporters](https://bitcoin.org/en/community) with worldwide members that constantly seek the latest developments. They want to see how the currency is changing and what they can expect from their investments. Therefore, people will often look to see what the community is thinking about when figuring out if the currency may change. ## How Do I Get Bitcoin? One reason why Bitcoin is a popular investment is due to [how easy it is for people to acquire it](https://www.financialplanningassociation.org/article/journal/SEP14-value-bitcoin-enhancing-efficiency-investors-portfolio). [Exchanges](https://builtin.com/blockchain/crypto-trading-platform) like Coinbase, Coins-e.com, and Cryptsy help people purchase Bitcoin online. Those exchanges include rates between Bitcoin and traditional currencies, also called [fiat](https://builtin.com/blockchain/fiat-crypto) currencies, to help investors understand the costs of their potential investments. Exchanges also allow investors to exchange cryptocurrencies and fiat currencies on their platforms. Investors also need [cryptocurrency wallets](https://builtin.com/blockchain/what-is-crypto-wallet). Crypto wallets store critical data about investors’ currencies. This includes the public and private keys necessary for financial transactions to occur safely, privately, and with accountability. Wallet keys are essential for encrypting and decrypting data, a function that prevents unauthorized parties from accessing other people’s currencies. As Bitcoin has become more and more mainstream, accessing your Bitcoin has as well. [Bitcoin ATMs](https://coinmap.org/) are becoming more common. These machines allow people to purchase Bitcoin, exchange crypto assets, and withdraw Bitcoin as fiat currency. Another important reason that Bitcoin is so popular is that it pioneered the ability for investors to purchase fractions of coins. Bitcoin tokens are divisible to eight decimal places. That permits those with limited funds to still become users and investors. ## Bitcoin as a Financial Asset Bitcoin is relatively new in the market compared to more traditional investments like stocks and bonds. That makes it unique and somewhat attractive to casual investors. That uniqueness has also led to a question whose answer might involve governmental oversight: Are [Bitcoins and other cryptocurrencies securities or a commodities?](https://www.reuters.com/legal/transactional/are-cryptocurrencies-securities-sec-is-answering-question-2022-03-21/) Some consider cryptocurrencies like Bitcoin to be commodities because — like traditional currencies — anyone can use them to purchase goods and services; others consider some cryptocurrencies to be a securities because the digital coins that get purchased are investments in the companies that issue them.. One thing is certain: Bitcoin’s unique and unpredictable nature makes it appealing to many investors and portfolios. More on Blockchain: [Where to Buy NFTs in 2022: 20 Marketplaces and What They Sell](https://builtin.com/blockchain/non-fungible-token-nft) ## Investing in Bitcoin Bitcoin, like any other investment, comes with risk. The volatility of its price and the unpredictability of its value are substantial concerns. But security is also an issue; like all technologies, malicious hackers can and do find ways to exploit digital currencies and the platforms on which they operate. [Hundreds of millions of dollars of cryptocurrency are stolen every year](https://www.cnbc.com/2022/08/10/hackers-have-stolen-1point4-billion-this-year-using-crypto-bridges.html). Bitcoin can make for an appealing investment when you consider all factors. It can even work alongside other individual investments like stocks or bonds to better diversify investors’ portfolios. As always, it’s essential for investors to educate themselves and to work with financial planners and fiduciaries who have substantial experience in this space.
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