Should You Invest in Bitcoin With Your Stimulus Check?
Bitcoin (CRYPTO: BTC) has rewarded investors with stellar returns over the past year, making it enticing for newcomers to jump in and see how much they could "win." So far, the cryptocurrency has soared to new record highs every month of 2021 as more investors flock to Bitcoin to capture diversification and opportunity.
Now, there's another incentive that makes investing in Bitcoin an option for those who haven't dived in yet or those who simply want to add more to their portfolio: $1,400 stimulus checks. On March 11, President Joe Biden signed the American Rescue Plan Act, authorizing $1,400 stimulus checks to eligible taxpayers and dependents of all ages.
If you're tempted to spend your entire stimulus check on Bitcoin, here are a few items you should consider before your $1,400 leaves your checking account.
Source Fool.com
