Bitcoin (BTC-USD) has no intrinsic value, in my view. That is the main point why I would not recommend buying it as a long-term investment. Although it is an interesting speculative instrument, I believe its real value is zero and it is therefore not worth buying for conservative investors. It can go up tenfold but then fall down to Earth. If you are considering buying BTC at a discount thanks to a massive correction, I would not personally recommend it. But let me explain my…
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