Thinking of buying bitcoin? What experts say about big crypto concerns: ‘You have to be mentally prepared’

The price of bitcoin hit a record high of over $41,000 on Friday, according to CoinDesk. It now has a market value of over $700 billion, and, as a result, pushed the value of the entire cryptocurrency market to surpass $1 trillion for the first time.If you listen to bitcoin bulls, it's just the beginning."It's probably going to $100,000, then $150,000, then $200,000," Chamath Palihapitiya, founder and CEO of Social Capital, told CNBC's "Halftime Report" on Thursday. "In what period? I don't know. [Maybe] five or 10 years, but it's going there."With all the hype, many people are wondering if they should invest in bitcoin. But the cryptocurrency also creates a wide array of concerns: Some worry that bitcoin is a bubble, too risky to invest in or susceptible to fraud, to name a few.CNBC Make It spoke to bitcoin and fintech experts about the common concerns surrounding the cryptocurrency.Compared…

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