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Should You Buy Bitcoin While It's $50,000?

TheMotleyFool

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Should You Buy Bitcoin While It's $50,000?: https://g.foolcdn.com/editorial/images/765212/stock-market-bitcoin.jpg

Everyone loves milestones, and Bitcoin (CRYPTO: BTC) recently hit a big one, surpassing $50,000 for the first time since late 2021. Bitcoin was under $20,000 not even a year ago. An urge to jump on board is understandable, as is a fear of buying Bitcoin after prices crashed a few years ago.

After all, Bitcoin's price still hasn't reached its former high of $68,790.

Don't let the agony of guessing Bitcoin's short-term price rattle you. If you're in this emotional bind right now, you're looking at things incorrectly. Here is how to look at Bitcoin as an investment and decide whether to buy at its current price.

Source Fool.com

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