Steve Wozniak said that Bitcoin has potential, but it is too volatile to be considered as an investment. BTC/USD returned to $3,800 handle after a failed recovery attempt. Co-founder of Apple believes that the first digital currency has significant potential, but it is still too early to invest money in it. He said that he spends Bitcoin while traveling and pay with cryptocurrency in restaurants; however, he is not ready to invest in digital gold. As of yet. Speaking in the interview with Bloomberg, Wozniak explained that the sharp downside trend had done more good than harm to the coin’s value. He believes that the cryptocurrency market participants are sensitive to psychological impact. Thus, fear and ill-considered actions of inexperienced investors may influence the price fluctuations. That’s the main reason, why digital gold is suitable only for experiments, despite a huge potential. At the end of January, the co-founder of Apple said that he had sold his cryptocurrency when its price was close to the historical maximum. Considering that he bought the coins at $700, he pocketed a good profit. At the time of writing BTC/USD is changing hands at $3,794, down 2.5% from Thursday peak reached at $3,884. The cryptocurrency attempted a recovery towards the critical short-term resistance at $3,900, but the upside impulse proved to be short-lived. We will need to see a sustainable move above the said level to get a chance to retest the recent high at $4,187. BTC/USD, 1D chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD enjoys strong support and may be ready to rise Yohay Elam 4 years Steve Wozniak said that Bitcoin has potential, but it is too volatile to be considered as an investment. BTC/USD returned to $3,800 handle after a failed recovery attempt. Co-founder of Apple believes that the first digital currency has significant potential, but it is still too early to invest money in it. He said that he spends Bitcoin while traveling and pay with cryptocurrency in restaurants; however, he is not ready to invest in digital gold. As of yet. Speaking in the interview with Bloomberg, Wozniak explained that the sharp downside trend had done more good than harm to the coin's… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.