Post
Topic
Board Bitcoin Discussion
Re: Bitcoin investment progress.
by
Cruz_tech
on 09/12/2024, 11:46:03 UTC
In just a few years, Bitcoin has become a powerful financial alternative that has taken an important place with valuable assets like the dollar and gold and has become the crypto industry as an alternative to the traditional financial system.

https://talkimg.com/images/2024/12/05/psRTl.png

If you had invested $1000 in Bitcoin in January 2024 and held it until now, you would have seen a 120% increase in this one year. If you had kept $1000 in Bitcoin in 2020, this invested asset would have grown by 1220% in these few years and if you had kept $1000 in Bitcoin since 2013, its growth would have been 146,714% today and this information is quite surprising and it is a fact that investors have been properly rewarded over time by investing in Bitcoin. That is why it is recommended to hold multiple cycles to take the growth of the invested capital to a stronger position with the revolutionary increase in the price of Bitcoin.

News Source: Yahoo Finance.

Almost 16 years since its first block was mined in 2009, bitcoin has reached the landmark milestone of $100K and above per coin, placing the asset at a total market capitalisation of $2.1 trillion.
"This also places bitcoin firmly on the very short list of just seven assets or companies that have achieved more than 2 trillion dollars in market capitalisation, it's really massive on it rapid progress.