Bitcoin (BTC -1.67%) has had a phenomenal year, winning over investors from individuals all the way to institutions and even the incoming president. The top crypto has surged 122% in 2024 (as of Dec. 30), as it once again crushed the performance of the stock market.
As we set our sights on 2025 and beyond, you are probably wondering if adding this digital asset to your portfolio is smart, particularly as it trades 12% off its peak from mid-December. I think it’s worthwhile to remain bullish.
Here are three reasons Bitcoin is a must-buy for long-term investors.
1. It’s legitimate
It’s very hard to argue against the view that Bitcoin has become a legitimate financial asset now. This is the first factor that should compel investors to buy it.
As of this writing, the cryptocurrency’s market cap sits at a notable $1.9 trillion. This is a…
