The pros and cons of Bitcoin trading

*This content is brought to you by CM Trading

The primary reason why Bitcoin is in demand is because it offers many of the advantages that traditional currencies simply cannot offer.

Not so far back in late 2017, Bitcoin was all over the headlines. From the start of the year, its price went from about $900 to a mind-blowing $12,8340 – that was and still is an unprecedented rate of ROI, with many of its early investors becoming instant millionaires.

Of course, as with any inflated bubble, the value of Bitcoin did burst afterward and so did much of the interest among the general public. But you’ll still see plenty of people calling it as a viable asset and that is because, to an extent, it is.

It is important to note that the value of Bitcoin afterward only bottomed to about $3,183.5 in December 2018 and since then has more than doubled to a present amount of $6,950. Still, its wild price fluctuations and limited use as a currency may discourage some from making an investment.

If you…