Analyst: Bitcoin rises and falls quickly, one should be cautious about buying at high prices
On December 5, AJBell investment analyst Dan Coatsworth stated in a report that Bitcoin has broken through $100,000 for the first time, but investors should be wary of chasing the uptrend.
The rise of Bitcoin "can easily make people lose their heads," but this cryptocurrency has fallen and risen as quickly in the past, which is certainly not suitable for timid investors. It's important to note that considering cryptocurrencies could potentially cause consumer losses, the UK Financial Conduct Authority is still reluctant to allow mass market tools to invest in cryptocurrencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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