Many people are considering accumulating wealth with Bitcoin

Many people are currently assessing the idea of accumulating wealth with Bitcoin as the price of this currency has surpassed the $100,000 mark. This demand has increased as Bitcoin recorded a rise of about 130% just this year, with a market capitalization reaching $2 trillion. Many investors like him have begun to plan their investments, using a dollar-cost averaging (DCA) strategy to mitigate the impact of price volatility and optimize long-term profits.

According to experts, investing in Bitcoin can provide opportunities for wealth accumulation and portfolio diversification. However, they also warn that the cryptocurrency market is highly volatile and can pose many risks, especially in the absence of a clear regulatory framework. Asset management company BlackRock recommends that the allocation to Bitcoin should be within 1-2% of the investment portfolio, with risk levels increasing if the percentage is higher.

Due to the volatility and lack of protection from regulatory measures, investors should be cautious and conduct thorough research before participating in this cryptocurrency market.