Post
Topic
Board Bitcoin Discussion
Re: Bitcoin investment progress.
by
Akbarkoe
on 09/12/2024, 13:48:21 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.



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.


Always a disturbance in my mind about Bitcoin investment because previously Satoshi created this to be made as an alternative tool for international scale transactions, with its anonymity and with a decentralized system, the message of freedom without a third party that Satoshi wanted to fight for solving problems that were biared Completed by Fiat.

But over time Bitcoin has price fluctuations because of the many demands, so some people begin to consider it as an asset to increase wealth in the long run and yes it is proven that Bitcoin has that function so that not a few of us start investing since a few years before to increase wealth or store values Money in Bitcoin, therefore, more and more people invest in Bitcoin than to use it for transactions.

There is nothing wrong with all this is actually better because I also keep a little bitcoin from a few years ago which finally benefited to this day