Bitcoin (BTC) is not the first digital asset but obviously the first successful digital cash technology. The crypto experts don’t know what exactly would be the next level of Bitcoin, but they are optimistic about Bitcoin’s future price. It can surge to $20K, $100K, or even $1 million. Some experts say that it would reach $1 million in the next five years. One can trust on these predictions, as the crypto economy has excelled so far, and Bitcoin moved at a steady pace.
Impressive highlights of Bitcoin’s historical events
Let’s view some highlights of Bitcoin’s history.
- Bitcoin’s value was almost zero in 2008.
- The First Bitcoin transaction was made on January 12, 2009.
- The bitcoin market commenced its operations on February 06, 2010, when the first official cryptocurrency exchange was launched.
- On February 09, 2011, Bitcoin reached parity with the US Dollar. The exchange rate of 1BTC to USD was established. (Forex function)
- On February 27, 2012, the first magazine was launched containing articles about cryptocurrency and Bitcoin.
- Bitcoin’s exchange rate reached 100 USD to 1BTC on April 01, 2013.
- In December 2014, Microsoft started to Bitcoin to buy Windows software and Xbox Games. (Bitcoin as a method of payment)
- In March 2015, the Bitcoin startup announced the raising venture funding of 116 million USD. It is the largest fund for any digital-related company.
- In September 2016, the number of worldwide Bitcoin ATMs doubled over the last eighteen months to reach 771.
- Bitcoin price exceeded USD 10,000 first time on November 29, 2017.
- Bitcoin price reached an all-time high USD 20,000 on December 18, 2017.
- On February 05, 2018, the Bitcoin price dropped to below USD 7,000.
- The capitalization of the digital money market increased by 32% from the start of 2019. A positive dynamic of Bitcoin growth was observed at the end of 2019.
How bitcoin can realize one’s dream of creating wealth
The history of Bitcoin is the evidence of is progress in the first decade of its existence. Bitcoin rose from $0.0008 to a peak of $20,000 in less than a decade. It went up and down but maintained a sort of stability. The next move of Bitcoin is very crucial. Its price is anticipated to reach an all-time high in the next five years. Buying Bitcoin for the long-term is thus far better than buying any other asset on a trading platform. You can capture this opportunity on bitcoin trading to realize the dream of becoming wealthy. You can be the next millionaire by trading Bitcoin. This digital asset will not frustrate you but will bring prosperity in your life. Bitcoin business is the most significant business of today’s time.
A real instance of a Bitcoin millennium millionaire
Let’s have an example of a genuine Bitcoin millionaire. An anonymous guy (as he never disclosed his name), who turned a $3000 investment into $25 million, was interviewed for the Forbes magazine in 2017. He is a millennial millionaire and the quintessence of new money. He finished college in 2008 and worked as a software engineer in Silicon Valley. He heard about Bitcoin the first time in 2010 when Bitcoin price moved up from $0.008 to $0.08 in just five days. He waited for a few more months to watch the move before investing. He decided to jump in and paid $0.15 per BTC in October 2010. He watched the movement for the next few months. Bitcoin surprised him, as the price surged reasonably quietly. He continued his job for the next three years, forgetting about his investment. The guy disinvested his Bitcoin stock, not in one lot but different chunks. He collected enough wealth by trading Bitcoin. He left the job and went on a world trip with his girlfriend. He traveled across the world in an ultra-luxurious style and visited almost every country of his dreams. It is not a fiction but a true story of a genuine guy who hadn’t dreamed of becoming a millionaire at quite a younger age.
Be the next millennium millionaire
The experience of an anonymous guy is an inspiration for millennials who think that they cannot create wealth at this age. If you keep faith in your luck and have an ability to make wise investment decisions, try your luck with Bitcoin. You could be the next Bitcoin millionaire. You could be the next guy whose success story will be published in a world business magazine. It could be you, and you only.