CNOT – Crypto News of Today is an online cryptocurrency news generator from the top sources

No investment is without risk, but investing in bitcoin carries different risks and responsibilities compared to traditional investments of stocks, bonds and funds. And the bitcoin investor plays a big role in keeping their bitcoin safe. Many investors piled into bitcoin after it broke the $20,000 barrier in December 2020 and continued its bull run into April, when the spot price surged above $64,000. But in the months after, the price began a long decline, with the spot price falling below $32,000 by early June. Longtime investors in cryptocurrency had seen this before. Bitcoin reached its previous record high in December 2017, when the spot price came near $20,000, and one year later the spot price was below $3,400. So when investing in bitcoin, understand that the value can drop quickly — and may take years to regain previous highs.