The recent skyrocketing Bitcoin price has brought about a fresh wave of interest and adoption. People are hearing about the fantastical gains that can be made from investing in Bitcoin, leading some of them to make brash decisions.
There have been some cases of individuals even putting their houses up for mortgage in order to acquire capital to buy into Bitcoin. It speaks of the frenzy that has developed recently.
The frenzy of people getting into the market should be viewed with caution however as the old adage is still: ‘Don’t put more into Bitcoin than you are willing to lose’.