Updated on July 01, 2022
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Bitcoin Penny Stocks
Please note this bitcoin penny stocks list is for research only. We do not suggest or recommend anyone to trade or invest in any of these stocks. Please do your own research before buying any of the bitcoin stocks listed.
Blockchain & Bitcoin Stocks Under $1
The price of bitcoin has skyrocketed in 2020 and the trend continues for 2021. Bitcoin price has risen another 33% in the first week of 2021 to an all-time high of $40636.24.
With the surging price of bitcoin, many OTCBB penny stocks in the bitcoin and blockchain related field have shot up. The question is are these blockchain stocks under $1 worth the investment? This is a tough question to answer as blockchain penny stocks are risky in general and many of them highly correlated to the price of bitcoin.
No one can predict how high bitcoin can go, or how long it would take to get there. There are market experts betting on both sides of bitcoin; Some predict the price of bitcoin can rise to $500,000 while others think bitcoin is a bubble.
If you are buying any of the bitcoin penny stocks, be prepared for a roller coaster ride. These blockchain stocks are high-risk high-reward types of stocks, unlike blue-chip companies like Apple or Microsoft.
These blockchain penny stocks can easily double, or even triple in a matter of days, but can also go bankrupt the very next week.
If you are not ready for the risk, stay away from these blockchain penny stocks. A beginner can go broke betting on any blockchain stocks under $1, make sure to trade only with the money that you can afford to lose.
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