If You Invested $1,000 in Bitcoin 5 Years Ago, This Is How Much You'd Have Now
If there is anyone familiar with volatility, it's those who hold cryptocurrencies. Specifically, Bitcoin (CRYPTO: BTC) has been an absolute rollercoaster ride over the years. Bitcoin prices have fallen over 30% from their high twice, and over 60% once, over the past five years alone!
But you'd be pretty happy if you'd bought five years ago and held on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today.
So, what's the lesson here, and how can investors apply it to Bitcoin moving forward?
Source Fool.com