Where Will Bitcoin Be in 10 Years?
In the last decade, the S&P 500 (SNPINDEX: ^GSPC) has produced a total return of 224%. While this is a respectable gain, Bitcoin (CRYPTO: BTC) has fared much better. Since mid-March 2015, the world's top cryptocurrency has skyrocketed a jaw-dropping 29,690% (as of March 12).Despite a volatile journey that has seen multiple price dips, like the one we are currently witnessing, the leading digital asset has been a fantastic wealth generator for investors. But where will Bitcoin be in 10 years?Bitcoin has had a long journey to get it to its current position as a $1.6 trillion asset. Numerous different exchanges, as well as financial services providers, have added functionality that allowed more individuals to buy and hold it. It has dealt with many huge drawdowns due to waning investor interest, only to bounce back stronger than ever to reach higher highs.Continue reading
In the last decade, the S&P 500 (SNPINDEX: ^GSPC) has produced a total return of 224%. While this is a respectable gain, Bitcoin (CRYPTO: BTC) has fared much better. Since mid-March 2015, the world's top cryptocurrency has skyrocketed a jaw-dropping 29,690% (as of March 12).
Despite a volatile journey that has seen multiple price dips, like the one we are currently witnessing, the leading digital asset has been a fantastic wealth generator for investors. But where will Bitcoin be in 10 years?
Bitcoin has had a long journey to get it to its current position as a $1.6 trillion asset. Numerous different exchanges, as well as financial services providers, have added functionality that allowed more individuals to buy and hold it. It has dealt with many huge drawdowns due to waning investor interest, only to bounce back stronger than ever to reach higher highs.
