Before Investing $1 - $20,000 into Bitcoin - $BTC , Know These Things
The highest Bitcoin ($BTC ) price ever recorded?
The peak reached $70,008.55 on Mar 10, 2024, approximately 4 hours ago. Presently, it's 0.81% below this record.
And what about the lowest Bitcoin (BTC) price? It hit $67.81 on Jul 06, 2013, more than a decade ago.
The current price is now 102,310.17% higher than this historical low.
What's the market capitalization of Bitcoin (BTC)?
Bitcoin's market cap is one trillion, three hundred sixty-six billion, two hundred eight million, nine hundred sixty-seven thousand, six hundred thirty-four dollars ($1,366,208,967,634).
What are the major events Taking place ?
The Bitcoin Halving is when Bitcoin's mining reward is split in half.
It takes the blockchain network about four years to open 210,000 more blocks, a standard set by the blockchain's creators to continuously reduce the rate at which the cryptocurrency is introduced.
The first reward was 50 bitcoin. Previous halving dates were:
* Nov. 28, 2012, to 25 bitcoins
* July 9, 2016, to 12.5 bitcoins
* May 11, 2020, to 6.25 bitcoins
The next halving is expected to occur in April 2024, when the block reward will fall to 3.125 BTC.
As of March 2024, about 19.65 million bitcoins were in circulation, leaving just around 1.35 million to be released via mining rewards.
If you have less than $20,0000 and you want to invest into Crypto for profits and quick gains or easy 2x-100x, then Bitcoin should be far from you,
If we invest $20,000 into Bitcoin at the current price of $69,000, and you invest $20,000 into Solana at the current price of $140, by the time Bitcoin gets to $100,000 , you will be in more profits
Investing into Bitcoin requires huge capitals , if you have $100,000 or $500,000 and you want to invest into cryptocurrency , then bitcoin should be the best option for you.
Not a Financial Advice
