Nobody can believe that after the incredible increase in the price of bitcoin at the end of 2017, the euphoria made many people who until now had not invested in cryptocurrencies to invest in it. Its price plummeted in January of this 2018 and continues to decline, worrying all those who have funds invested in it.
Many opinions agree that Bitcoin is a bubble about to explode, while others think that the market is self-regulating and, for them, the current situation is normal.
Bitcoin, the first cryptocurrency that was successful and has survived so far is not at its best but if we take a look at its route since 2009 we can see how its current value is still much higher than the average. Is it time to buy bitcoins?
From its inception until January 2013 its maximum value had reached $ 28.92 on June 9, 2011. In 2013 it started with a value of $ 13.30 and on November 25 of the same year its value already amounted to 979, 45 dollars, An increase of 7,364% in less than 1 year. Then it had a fall season that reached a minimum of $ 214.08 on January 12, 2015 and that remained more or less constant until September 2015 when its value began to increase again until reaching its maximum level in December 2017. bordering the 20,000 dollars, and nobody could believe it, but very recently began an desenso that now many are to the expectation of what can happen.
In the following graphs we can see the evolution of the bitcoin value:
Given that its value had already suffered a sharp decline before and that did not mean its end. Maybe it's a good time to buy bitcoins and wait for their value to rise again as it has done on 2 occasions and be the next to swell the list of those favored by the increase in the price of the cryptocurrency.
Interesting
I will follow you to see your future posts! +upvote