Over the past decade, cryptocurrency has emerged as a new asset class in the investing community. According to research by The Motley Fool, an estimated 75% of people who own crypto view it as an investment. However, the industry isn’t perfect, and meme coins and other scams can cost investors their hard-earned money.
That’s why Bitcoin (BTC), the world’s first cryptocurrency, is arguably the best cryptocurrency to invest in today.
However, unlike stocks, which represent equity in companies, Bitcoin’s price depends solely on what the next person is willing to buy or sell it at. Therefore, getting the most out of your Bitcoin investment might take a specific approach. Here is the ultimate guide to building wealth with Bitcoin.
This post originally appeared at The Motley Fool.