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Is bitcoin a good investment?

Introduction

Read through the following text and look up any vocabulary you are not sure about before answering the questions.

Conversation Summary

With so much uncertainty in the stock market at this current time, bitcoin has be championed by some as being the best investment you can make. Bitcoin is a cryptocurrency with quite a volatile recent past. Around 10 years ago in 2010 you could pick up a bitcoin for less than a dollar, in 2017 that same bitcoin would have cost you nearly twenty thousand dollars and in 2020 its value has halved to roughly ten thousand dollars. Even with this past volatility many experts see cryptocurrency such as bitcoin being the future and although there may be some ups and downs ahead you investment will pay off in the long run.

Questions

  • What do you know about bitcoin or cryptocurrency?
  • Do you own any bitcoin?
  • Do you know anyone that has made money through investing in bitcoin?
  • Why do you think the prices of bitcoin has changed so drastically in the last 10 years?
  • Would you consider investing in bitcoin now?
  • Do you think bitcoin and other cryptocurrencies with increase in popularity in the future?

Key Vocabulary

  • Cryptocurrency noun
  • Bitcoin noun
  • Invest verb
  • Investment noun
  • Volatile adjective
  • Volatility noun
  • Expert noun
  • Ups and downs idiom
  • Champion verb
  • Roughly adverb
  • Half verb
  • Pay off phrasal verb

Question Details

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