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Should You Buy Bitcoin at $50,000?


It's 10:05 a.m. EST on Sep. 3 and Bitcoin's (CRYPTO: BTC) price is hovering right around $50,000. The leading crypto asset has staged an epic comeback to the upside after languishing below $40,000, and even briefly below $30,000, throughout the summer. 

Volatility is par for the course when it comes to cryptocurrencies. However, it's still helpful to make a game plan for when crypto prices move rapidly in either direction. Since Bitcoin is currently on an uptrend, it's a perfect time to ask yourself if it is worth buying -- even at a higher price tag.

Image source: Getty Images.

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Source Fool.com

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