What is the buying price of Bitcoin (How much does one Bitcoin cost?)

The buying price of Bitcoin What is the buying price of Bitcoin? Since the birth of Bitcoin, its price has always been volatile. According to data from Bitinfocharts, as of July 3, 2018, Friday afternoon at 4 p.m. (Beijing time, August 30 at 5 p.m.), the price of Bitcoin was $9,250. In the past few days, the BTC price has risen by about 5%, reaching a high of $19,400. And according to statistics, this number has risen to $17,600 in less than a year. Therefore, if calculated according to the current price, the buying price of Bitcoin is about $100,000. (Note from Mars Finance: Each transaction requires a deposit of 1 Bitcoin as collateral to ensure that no liquidation or market crash events occur.)

For investors, the main risks of Bitcoin investment include the following:

1.Hedging against inflation. Due to the speculative nature, high instability, and volatility of cryptocurrencies, some funds are used for high-yield activities, but this does not bring much profit;

2. Hedging arbitrage opportunities brought by the depreciation of fiat currency. For example, commodities such as gold often cause people to invest money in other assets, resulting in losses;

3. Leverage. Generally speaking, when the market falls, investors will sell because they are worried about not being able to make a profit or being liquidated, which will affect the liquidity of the entire market.

How much does one Bitcoin cost to buy

Recently, the market has fluctuated greatly, and in the case of a market crash, investors can transfer their Bitcoins to other currencies for investment. Currently, thousands of Bitcoins in the market have been speculated to a very high price.

Looking at the price, since March 2020, after a rapid rise, Bitcoin has remained at this level and has not broken through the previous low. Therefore, we believe that this is one of the important buying points before the bull market arrives. However, this time, due to the market downturn, a large number of sell orders have emerged, so we need to pay attention to the risks in the operation.