Bitcoin Is Down 45% From Its High -- Is it Time to Buy?

Holders of Bitcoin (CRYPTO: BTC) have been on a wild ride over the last few months. From the high it touched in mid-April, its price has fallen by more than 45%, erasing $500 billion in market value. But with that plunge in the rear-view mirror, many people are now asking the question: Is this a good time to buy Bitcoin?

Before making any hasty decisions on that front, investors should consider the pros and cons of owning this cryptocurrency.

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Source Fool.com