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.
The adoption of Bitcoin keeps increasing and we could be surprised that the price of Bitcoin could hit 150K soon looking at the way many companies and firms are interested in buying and holding Bitcoin because of the benefits in the future. Bitcoin could hit 200k or more one day just like the way many people argued it that the price of Bitcoin can never hit 100K. Now that Bitcoin has created all rime high, maybe we should wait a little for the price to retrace and keep going bullish. This is still one the best time to buy just like people that took advantage of Bitcoin the price was 30k.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.