It is now more than a decade since Bitcoin was created and it hasn’t gone out of fashion as many predicted it would. Popularity is in fact increasing.Bitcoin is being talked about among friends, it’s all over social media, it secures regular news coverage and it is also gaining the attention of financial institutions.The value of Bitcoin has been exceptionally volatile but the long term trend has always been upward and new highs have been seen several times in December 2020.Is it a real asset or a bubble driven by euphoria? Is it a get rich quick opportunity or are there headwinds and challenges that represent serious downside risk?Should you include Bitcoin in your own investment portfolio? Read my due diligence report set out in this article and decide for yourself.
