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Why People Investing in Cryptocurrency
You don’t have to understand bitcoin to realize that banks, businesses, the bold, and the brash are cashing in on cryptocurrency. In 2016, the price of a bitcoin was $710.09. On Feb. 21, 2019, the exchange rate for a single bitcoin was $3,890. It doesn’t take an economics degree to know that the folks who invested in bitcoin a few years ago are now patting themselves on the back—but the good news is, it’s not too late to get in the game.
It may seem hard to believe that a digital currency could be worth thousands of dollars. After all, unlike physical currency like precious metals or printed money, bitcoin is just lines of code. So what makes bitcoin so valuable?
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Investing In Cryptocurrency 2019: The Need To Know…