Posts

If You Invested $100 In Bitcoin In 2011, This Is How Much You

 In early 2011, the then-obscure cryptocurrency Bitcoin (BTC 7.44%) reached $1 per coin for the first time. It was a milestone celebrated by the few crypto-enthusiasts around back then. The rest of the world was either oblivious or left scratching their heads about what Bitcoin even was. Everyone has heard of Bitcoin now. As of this writing, the price per coin is more than $57,000, representing a total market capitalization of almost $1.1 trillion, according to CoinMarketCap. Therefore, owning 100 bitcoins -- a mere $100 investment in early 2011 -- would be worth an eye-popping $5.7 million today. Of course, this hypothetical windfall ignores a very important point -- you probably couldn't have invested $100 in Bitcoin back then. At least not as easily as you can today. Here's why, why it matters, and what it might mean for the price of Bitcoin in the future. Why it was hard to buy Bitcoin in 2011 Bitcoin was created in 2009. If you want to own bitcoins today, you can simply de...

Bitcoin Price History 2009 - 2022 - Cryptocurrency

 Bitcoin started 2022 nearly twice as valuable as it was in January 2021, capping a year that saw cryptocurrency explode in mainstream interest and curiosity. But before the first month of 2022 had ended, Bitcoin had nearly lost all of the previous year’s gains, dropping into the $33,000 range in January. As more everyday investors wonder how cryptocurrency might fit into their portfolio, financial advisors have found themselves incorporating crypto into their guidance. “A lot of people bought cryptocurrency for the first time this year,” says Brittney Castro, a Los Angeles-based certified financial planner with Mint and founder of the media company Financially Wise. Along with institutional adoption and government regulatory interest, these crypto newcomers are influencing the once-fringe crypto landscape and moving the needle toward mainstream adoption. “Fifty-one percent of Americans who own cryptocurrency bought it in the last 12 months,” says Lisa Lewis, a certified public acc...

Bitcoin Price History - Price Of Bitcoin 2009 - 2023

 Bitcoin’s price has gone on a wild ride since its founding over 13 years ago. Those who bought Bitcoin (BTC) early and held onto it have typically seen phenomenal returns, but the fluctuations in Bitcoin’s price — as with all forms of crypto — have also led to considerable losses. For crypto fans and investors curious about this space, the volatile price history of the world’s oldest and most widely embraced cryptocurrency can also be viewed as a much broader saga. Bitcoin’s story reflects the rise of decentralized finance (DeFi), the emergence of blockchain technology, and countless innovations that are changing how investors think of commerce as well as what the future of crypto might hold Bitcoin Price History While some enjoy making Bitcoin price history comparisons to past speculative manias like Beanie Babies or tulip bulbs, speculation is only one factor in any given Bitcoin price fluctuation. Over the years, a fairly reliable pattern has emerged in Bitcoin’s price history....

Bitcoin’s Price History-2009 To 2022

Bitcoin’s rate has been on a curler coaster experience because it first debuted in January 2009, however the lengthy-term trajectory has been higher – “up and to the proper,” as they say. Bitcoin ushered in the age of cryptocurrency, however it took quite a while before the public sat up and took word. Still, in little greater than a decade, it appears that evidently cryptocurrency, and particularly, Bitcoin, has turn out to be the maximum interesting trading opportunity in a long time. Bitcoin buying and selling has created millionaires, though given that continual upward push since its debut, plenty of buyers might have performed quality just retaining – or HODLing – on for the trip, as many long-term bullish owners have executed. Despite the lengthy-time period upward push, Bitcoin has been dogged by periods wherein it’s fallen precipitously. The most latest has been given that November 2021, whilst the prospect of growing interest rates and decreased liquidity in the financial mark...

Bitcoin Has Lost More Than Of Its Walue This Year. Here’s What you Need To Know

Bitcoin has plunged extra than fifty two% 12 months thus far and is now hovering round $21,000 consistent with coin, in step with information from Coindesk. The maximum popular cryptocurrency has shed approximately 70% of its fee given that hitting an all-time high of approximately $69,000 in November. The whole crypto market is feeling similar pain. The typical marketplace capitalization of crypto assets has dropped to much less than $1 trillion from its November 2021 top of $three trillion. It’s the first time due to the fact that 2021 that the asset magnificence has been really worth much less than $1 trillion. Many other property also are experiencing volatility that’s shaking traders. The S&P 500 Index this week fell in endure marketplace territory, defined as a drop of at the least 20% from the maximum current high. Bonds are also sliding, leaving investors few places to hide in markets. How to keep $1 million for retirement in case you make $90,000 Human trafficking survivor...