$BTC
Direction Down
Bitcoin has seen significant increases since its launch. In 2010, its price was less than $0.01. By the end of 2017, it reached around $20,000. Then it dropped, but it began to rise again in 2020 and peaked in November 2021 at a price close to $69,000.
Percentage increase since 2010:
From 0.01 to 69,000 = more than 690,000,000%
From 2020 to 2021 only:
From 7,000 to 69,000 = about 885%
But it has also experienced sharp declines. This makes it one of the most volatile assets.
Think about this:
Can you tolerate a 50% volatility in one day?
Do you use it as a long-term investment or speculation?