Posted on 01-12-2021 by Admin
Bitcoin is the most popular cryptocurrency in the world and has once again returned to the limelight among the investment community. This artificial currency has given strong returns in the year 2021 so far and market experts believe that this boom is going to continue in the coming times.Always keep yourself financially ready for future emergencies. Financially, we should do this preparation keeping in mind such a situation.
By 2021, the price of bitcoin can reach $3,18,000 (about Rs 23/5 crore), which is currently hovering around $17,000 (about Rs 12.58 lakh). In this report by Citibank, bitcoin has been described as the gold of the 21st century.
This digital currency has given a return of 160 percent, making a strong jump from the level of $7196 as of 31 December 2019. Earlier on December 17, 2017, it had achieved a peak level of $19,870. In the year 2020, the price of bitcoin has increased by 168 percent to Rs 13,76,304.This kind of acceleration shows that this speed can be reached by December 2021 and the price can reach $3.18 lakh.In the last seven years, there has been a very good and one-sided uptrend, which shows a definite trend. Similar progress can be seen in the coming times
People are confused about investing in gold and bitcoin. They are finding it difficult to understand which option will be beneficial for them.?
In the past few years, the most popular cryptocurrency bitcoin has caught everyone s attention. But it is still difficult to decide whether gold will continue to dominate as a safe investment in the times to come or whether bitcoin will replace it.
It will tell the time to come, what price bitcoin will reach, but during the coming 12 to 24 months, it has a very good bullish outlook.
Gold has given good returns since Kush time. It has been well-liked as a safe investment option. But in the meantime, bitcoin has given even more returns. This is the reason why now people are also interested in investing more and more in bitcoin. But investing in bitcoin also has its risks.
A new option has been found in the form of bitcoin. It has now emerged as a new challenge for the old investors.