Since it is often easier to research unfamiliar topics when you have skin in the game, diversifying into a new industry gave me the incentive to better understand crypto and how it works. The better you understand crypto, the better decisions you'll be able to make. However, it’s still possible to make money with Bitcoin. You can trade it, lend it, hold it or earn it. Returns aren’t guaranteed on this volatile asset just as you can make money as the price goes up, it’s also possible you could lose money if the price goes down. But Bitcoin’s growth since launching makes some crypto investors bullish about its future: In 2010, 1 Bitcoin was worth about 9 cents, and as of this writing, each coin is worth around $16,000. Times Money Mentor is a trading name of News Financial Services Limited, which is an appointed representative of Richdale Brokers Financial Services Ltd which are authorised and regulated by the Financial Conduct Authority FCA FRN: 992057. In this capacity we are permitted to act as a credit-broker, not a lender. We have taken reasonable steps to ensure that any information provided by Times Money Mentor is accurate at the time of publishing. We do not provide any personal advice on any matter. Should you wish to raise any issue or concern, please contact us via care@timesmoneymentor.co.uk