13.04,2021 - Bitcoin

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The well-known crypto currency called bitcoin is gaining popularity and its value is getting higher and higher every day. Recently it peaked to the highest ever recorded value of 63 thousand US dollars. It has risen 450% during the last six months. To put things into perspective bitcoin was worth roughly 7 thousand US dollars in April 2020. One of the main reasons why it sky rocketed so fast might just be the fact that Elon Musk, CEO and founder of Tesla, has announced that his firm has bought 1.5 billion US dollars in bitcoin.

In my opinion this is a great opportunity for investors. A lot of people are going from poor to rich. However, there are groups of people saying that earning tons of money from investing and mining crypto currency is wrong and cheating. I totally disagree with these people because I think that investing requires a high level of knowledge and a lot of time.

   

Comments

  1. englishdiaryApril 13, 2021 at 11:34 PM

    Where is the LINK???
    And what exactly are you investing in here? Nothing real, nothing you could actually see and touch. You spend money on money so it's just exchanging currencies, not investing. People have been doing this with dollars, ponds and yens, now they also have bitcoin.

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