Bitcoin Cryptocurrency Investments

Cryptocurrencies – world’s best investments over years

Have you ever heard of cryptocurrency? In short, it is a digital currency. At the moment, the most popular cryptocurrency is BitCoin. It is more advantaged than common currencies and bank accounts. BitCoin is not controlled by anybody. It does not have an owner, which means that no one is able to freeze or to take away your capital. You can send money anonymously halfway around the world for free in the blink of an eye. You can use BitCoins to pay for your online shopping, you can withdraw them from a cash machine, you can even buy a car with BitCoins! More and more companies decide to make BitCoins a fully acceptable form of payment.

Now, imagine this: it is 2010 and you find out that the first cryptocurrency, BitCoin, was created. At the beginning, it was almost of no value, now, however, one BitCoin is worth $1 on the stock market. Interesting entrepreneurship - you think - I will buy BitCoins for $100. On one hand, it’s $100 so it would be a pity if I lost it. On the other hand, however, if this project works out, and in 2 or 3 years one BitCoin would cost $10, $100 would turn into $1000. What would you do if you had such opportunity?

I don’t know what you would have done, but let me tell you what I did - NOTHING. I read about BitCoin, I closed the web page, and returned to my regular duties... If you are not familiar with the history of BitCoin, I will tell you what happened after three years. Its value didn’t reach $10. After three years its value was $1,200! It means that BitCoins purchased for $100 were worth $120,000! It was a huge speculative bubble, indeed, and its price declined drastically, but since this crash it has been going up systematically, and in 2017 it reached $1000 again.