About Me
For 15 minutes at the airport, I refreshed the price of bitcoin over and over, watching as it gained and lost hundreds of dollars in a matter of minutes. I called out the price fluctuations breathlessly to my wife, who gently encouraged me not to be an idiot, before returning to her magazine. Late in 2021, the Federal Reserve announced that it would begin to taper its bond purchases, slowly draining liquidity from financial markets. With inflation roaring at multi-decade highs, the central bank wanted to tamp down rising prices. The 10-year Treasury rate began to rise, as investors began pricing in the prospect that the Fed would raise interest rates in the near future. Whether you invest $100 or $1,000, it is important to do thorough research, understand the potential risks, and have a solid investment strategy.Ultimately, the amount you invest in Bitcoin should be determined by your financial situation and investment goals and should be a small part of a well-diversified investment portfolio. Think of your Bitcoin investment as a riskier part of your holdings in general, meaning that it could be very lucrative, but it also could lose out completely.