When it was a free market, it was fine but a couple of years ago the powers the be decided they couldn't have a market they didn't control so created bticoin exchange traded funds (just like they have for gold and silver) meaning they can literally crash the price by throwing paper in unlimited amounts to drop the price, which is what we're seeing now. I'd avoid speculation. Maybe you should have got in when it was pennies for one, but now, IMHO it's another rigged game.
When it was a free market, it was fine but a couple of years ago the powers the be decided they couldn't have a market they didn't control so created bticoin exchange traded funds (just like they have for gold and silver) meaning they can literally crash the price by throwing paper in unlimited amounts to drop the price, which is what we're seeing now. I'd avoid speculation. Maybe you should have got in when it was pennies for one, but now, IMHO it's another rigged game.
The cool thing is with DeFi you can also Short and make money off the manipulation.
Defi makes it more competitive for the crypto holders to compete against the manipulators.