The Sharp increase in Bitcoin as an investment
Investors who understand the essence of time and compounding investment have always turned to the traditional stock market as the go-to investment.
However, this trend has changed as more of these investors have turned to investing in cryptocurrencies. There has also been a rise in the speculating activities of these cryptocurrencies.
But what really accounted for this? One such reason is the high returns that bitcoin the first cryptocurrency has yielded since its existence.
Indeed, the returns on bitcoin alone are fast approaching 600% in gain from a low point in 2015, and many believe it could surge to 2,000% and even beyond.
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