For non-Medium members, click on right here to learn this story without spending a dime!👌
Few tales seize the creativeness fairly just like the meteoric rise of Bitcoin. The thought typically goes like this…
“If you happen to had invested $1,000 in Bitcoin in 2012, you’d be a millionaire at present!”
Certainly, it’s a compelling thought, however like many issues that appear too good to be true, this narrative oversimplifies the complexities concerned in buying and selling and funding.
To really grasp the total context and implications, one should discover the nuances of Bitcoin’s journey, market volatility, and the broader crypto panorama.
The Sensationalized Crypto Paradise Story
Think about it’s 2012, and BTC is lounging on the seashore, buying and selling at a chill $10-$13 per coin.
You resolve to dive in and make investments $1,000, scooping a straightforward 100 BTC!
Quick ahead to at present, and Bitcoin has ridden the waves to a jaw-dropping $73,750.07 in March 2024.
At its peak, these 100 Bitcoins can be value a staggering $7,375,007! Sure, you learn that proper, seven…
