At the moment there is a real revolution in the financial sector, which began in 2009. It was then that the Bitcoin cryptocurrency network first started working. Since then, the cryptocurrency industry has changed beyond recognition – thousands of new coins, technologies, and methods for their use have appeared.
People who understood how to invest in blockchain at that time, are multimillionaires now. Bitcoin is the fastest growing asset in the world in the history of mankind. The very first rate that was set on October 5, 2009 was $1 = 1.309.03 BTC, and the historical maximum was recorded on December 17, 2017 – 1 BTC = $20,042. If we analyze this info and arm ourselves with a calculator, then we can calculate the growth for this asset – so, Bitcoin has grown 26,235,579.3 times for 9 years. This figure is really discouraging.
Many people do not understandhow does blockchain work, so they are afraid to invest their money there. The vast majority of people believe that investing in the blockchain is too late. But the numbers say the opposite: as of 2019, a bit more than 21 million wallets were registered in the Bitcoin network. This means that the first cryptocurrency still has huge potential for future growth. It is also worth noting that, in addition to Bitcoin, there are a huge number of different cryptocurrency startups on the market, which, potentially, can bring very good profit to their investors. It can be very difficult for a novice investor to understand all projects that work with the help of blockchain technology. The fact is that there are a lot of fraudsters on the market from whom it is better to keep away.
The problem is that changes and innovations occur very rapidly in the cryptocurrency industry. For this reason, to be aware of the latest events always, you need to closely follow the blockchain news. The Coin Shark project specialists track the latest blockchain technology news every day, select the most interesting and worthwhile projects and tell their readers about them.
Experienced investors and traders know that a delay of even a few hours is an unaffordable luxury on a cryptocurrency market. Therefore, if you want to thoroughly understand what is a blockchain, digital coins and to keep track of the current situation from the world of cryptocurrencies, then you can do this with the help of the The Coin Shark project.