The Ultimate Cryptocurrency to Buy With $1,000 Right Now

With Bitcoin (CRYPTO: BTC) hitting a new all-time high of $73,750 earlier this year before pulling back to a current level of $67,600, many investors are understandably mixed on its future prospects. Some are concerned that it might already be too late to invest in Bitcoin, while others are concerned that the digital currency might still be too risky and volatile for their portfolios.

Fair enough. But it's hard to find a cryptocurrency with a better risk-reward profile than Bitcoin, or a cryptocurrency with this much support from Wall Street and large institutional investors. If you're thinking of investing $1,000 in crypto, I can't think of a better option than Bitcoin.

With that in mind, here's a closer look at three major factors that make Bitcoin the ultimate cryptocurrency to buy right now.

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Source Fool.com