Hello Hivers 💕
This beginning of the year there has been a lot of talk about the advanced growth of BITCOIN and I want to comment a bit about this, it is the first time that I publish on this topic and I find it very interesting and I will continue reading about this behavior of this cryptocurrency.
WHAT IS THE BITCOIN?
It is a digital currency, today known as the world's first truly decentralized digital currency. It was created in 2008 by an unknown person using the alias Satoshi Nakamoto. This currency allows transactions without intermediaries, without banking protocols! Bitcoins can be used to buy products anonymously. Also, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Some people simply buy bitcoins as an investment, in order to obtain higher profits and even more so by exchanging currencies great benefits can be achieved.
The cryptocurrency is not attached to any national asset or economy, so it is fully decentralized and does not depend on any institution as a result. However, its value suffers vertiginous ups and downs. According to analysts and experts in the field, they predict that bitcoin to get a rampant surge and hit a new all-time high will likely spur a wave of retail investment that will push bitcoin much higher in a short time and that would cause other less far-reaching currencies to decline.
Fuente
2020 was a very good year for Bitcoin, which was up more than 175% from late 2019 and early 2020, but prices fell below $ 4,000 in March as markets around the world collapsed due to the economic crisis motivated by the global pandemic COVID-19.
The price of the cryptocurrency began its rise since the end of the year, experts warn that it is a risky asset due to its low liquidity. After hitting several all-time highs in recent weeks, bitcoin is on its way to becoming the gold of the future, investment experts say. This coin reached its maximum value and has tripled in price since the beginning of the year. However, many analysts and investors consider that bitcoin continues to have a lot of volatility, let's wait for its behavior this semester to know the news of this currency.
