Bitcoin is the best profitable investment in the last decade with 'unimaginable' statistics.
The famous newspaper CNN has published a series of articles that identify Bitcoin as the No. 1 profitable investment sector in the past decade, completely obscuring other traditional financial investments such as stocks and bonds. , commodities and, of course, fiat money all over the world.
To back up the above point, CNN released a series of statistics researched by Bank of America Securities, showing that the investment was extremely small with a value of only about $ 1 in Bitcoin at the beginning of 2010. will be worth up to over $ 90,000 at the present time (as of December 21, 2019, the price of Bitcoin is $ 7194.17). In other words, this is a 90,000-fold return on investment - an unbelievable number!
Despite the instability in recent years, Bitcoin, in general, still dominates over traditional investments. For example, the US stock market - the market is rated as the strongest in the world, $ 1 invested in the US stock market in early 2010 is now worth more than 3 times, at $ 3.46. Or if you invest $ 1 in US Treasury bonds over the same time period, that amount will now be worth $ 2.08. These are all impressive numbers but nothing compared to the profitability of Bitcoin.
The situation is even worse for the case of gold and oil. Gold and oil are arguably two of the safest and most profitable investments in 2010, but as of now, $ 1 invested in gold 9 years ago only earned you $ 1.34, while investing in oil in the same amount would result in a heavy loss when you only made 74 cents.
In addition, CNN also listed a number of financial investments that can make a billionaire 'bankruptcy', typically the case of the Greek Drachma (GRD). Due to the negative impact of the public debt crisis, 100 GRD on the Greek stock market will now be equivalent to only 7 GRD.
Of course, to become a talented investor, you will need many other factors. Don't rush to invest in Bitcoin right after you read this article.
You should read it
- The top 9 Bitcoin and cryptocurrency investment websites today
- Guide to digging Bitcoin for beginners
- The journey halfway around the world finds back 200,000 dollars bitcoin
- How to dig bitcoin without wasting electricity
- Seizing Opportunities: Bitcoin and Nano Investments
- Today's Bitcoin price, Bitcoin price update every minute
- Top reputable and reliable Bitcoin trading floor
- What is Bitcoin faucet? What is Bitcoin faucet?
- Why Bitcoin fell but Ethereum peaked?
- Crossing virtual walls, Bitcoin exploded in real life
- What is Bitcoin? Why is Bitcoin not 'virtual money'?
- Why is the price of bitcoin so high?
Maybe you are interested
Inside the Nuclear Shelter That Stores Over $100 Million in Bitcoin
Bitcoin price today August 1: Adjusted to 64,300 USD
The future of the virtual currency and bitcoin industry will be more favorable if Former President Donald Trump is re-elected
Bitcoin price today July 19: Adjusted to 63,600 USD
Bitcoin price today July 18: Adjusted to 64,600 USD
Analyst Justin Bennett: Bitcoin Could Fall to $52,000