Bitcoin is "too important to ignore" according to Deutsche Bank which recently valued the market capitalization at $1 trillion dollars.
The price of Bitcoin at the beginning of 2021 was at about $35,000. Fast forward 3 months, the price of Bitcoin has skyrocketed to almost $60,000
While Bitcoin is one of the 21st centuries best "get rich fast schemes," Bitcoin and all other cryptocurrency are expected to remain unstable due to their limited amount on coins that exist.
According to Coin Desk, In 2020, 28 million BTC were exchanged. To put this in perspective, in 2020 40 million Apple shares were exchanged.
Today is the first day I own #BTC! Are my eyes going to glow on their own or do I have to manually do something for the laser look? ?
— Jessica Vaugn (@JessicaVaugn) March 17, 2021
For new comers to Bitcoin (BTC) individual have to think of it like a stock, Let's take Tesla for example, the stock is a low risk stock, because Tesla is a fairly stable company your return will be stable. On the other hand BTC is a "high-risk" "high reward" investment.
As long as BTC continues attract the likes of asset managers and companies, BTC is here to stay.
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