Bitcoin is the most successful cryptocurrency and is high in value. So, how much bitcoin can you buy with $100? Let's see.
Why should people invest in bitcoin?
Before telling you how much bitcoin you can buy with $100, we'd like to tell you the clear reasons why people should invest in Bitcoin-
Liquidity. Bitcoin is arguably 1 of the most liquid investment assets due to the worldwide establishment of trading platforms, exchanges and online brokerages. You can easily trade Bitcoin for cash or assets like gold instantly with incredibly low fees.
Lower inflation risk. Unlike world currencies, Bitcoin is nearly immune to hyperinflation. It still undergoes inflation but at a predictable rate that is halved every 4 years. The blockchain system is infinite and there's little need to worry about your cryptos losing their value.
New opportunities. Bitcoin and cryptocurrency trading is relatively young — new coins are becoming mainstream on a daily basis. This newness brings unpredictable swings in price and volatility, which may create opportunities for massive gains.
Minimalistic trading. Stock trading can be a tedious process covered in red tape and can only be done during specific market hours. You must also go through a broker to trade a company's shares. But Bitcoin trading is minimalistic: simply buy or sell Bitcoin from exchanges whenever you want, 24 hours a day, 7 days a week. Bitcoin transactions are also instant — unlike the settlement of stock trading orders, which could take days or weeks.
How much bitcoin can you buy with $100?
If you have an idea to buy Bitcoin starting with $100, you can buy 0.00597 BTC at the time of writing, with $16800.29 for a whole bitcoin. As the price of BTC is so volatile, you can check the exact price by using search engines (like Google, etc.)
