Back in 2010, Bitcoin, the first ever cryptocurrency had a value of around 1 cent per coin. 1 Bitcoin is now at $17,569. And many people missed this opportunity to become millionaires. Now I know there’s a lot of talk about cryptocurrencies and bitcoin in the mainstream media.
In recent months, many breakthroughs has happened about the world of cryptocurrencies. This might not be the right time to purchase a bitcoin for many. But it is a must when the price becomes a buy point for you.
Bitcoin has recently hit an all-time high.
To put it in some perspective if you purchased $20 worth of bitcoin back in 2010 – you would have over 30 million dollars worth of Bitcoin today. Insane, right?
Whats more insane is the story of the guy who paid 10,000 bitcoin for 2 pizzas in 2010! Laszlo Hanyecz bought these pizzas for 10,000 bitcoins on May 22, 2010. Yep that guy paid 75 million dollars for a pizza in today’s value.
It’s stories like these, combined with the future potential of cryptocurrencies that are driving massive growth in the cryptocurrency market.
Every day, people are seeing huge returns in their investments over a relatively short-period of time. This is resulting in more and more people jumping on the crypto bandwagon. “10k is a seminal moment for bitcoin and cryptocurrencies in general,” CryptoCompare CEO Charles Hayter said in an emailed statement, “highlighting the supernormal returns and speculative like nature of the industry as well as the potential and growing adoption.”
So… while I’m definitely not giving you financial advice of any sort; if this is something that interests you – be sure to check out the blog post. I spent a LOT of time on it so I promise it’s going to be useful.
Read the blog >> Bitcoin Boom: What Is Cryptocurrency & How to Make Money From It