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As well as the perception it is now an effective hedge against inflation, the view of bitcoin as an actual currency which could be used to 'what's more, the cryptocurrency could replace gold as the best store of value in troubled times.
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The cryptocurrency, alongside bitcoin and litecoin, became a means of payment in. You may see the price go up or down thousands of dollars during any month. Like all other cryptocurrencies, the price of ripple has also decreased in 2018 — it is currently set at $0.20. Is bitcoin a good investment in 2021? As well as the perception it is now an effective hedge against inflation, the view of bitcoin as an actual currency which could be used to 'what's more, the cryptocurrency could replace gold as the best store of value in troubled times.
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So, if bitcoin can explode like this, theoretically, it is the most vulnerable to fall too, which is why it is good to look at alternatives that have lower risks attached to.
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