Federico
Sat Jun 08 2024
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5 answers
1277
What if I invest $100 in Bitcoin 5 years ago?｜CRYPTO: BTC Thus, a mere $100 stake in Bitcoin five years ago, when it was trading at around $7,000, as the digital coin fell to $3,500 in early 2019.would have resulted in an immediate 50% crash
If I had invested $100 in Bitcoin five years ago, when its price hovered around $7,000, how would my investment fare given that the digital currency's value plummeted to $3,500 in early 2019, resulting in an immediate 50% crash? Would my initial stake have survived the market volatility, or would I have suffered significant losses? What would have been the best strategy to mitigate risks and potentially capitalize on the cryptocurrency market's fluctuations?
