Its not a lie that whenever you invest you expect lucrative yields from your investment. A good investment does not just come on a silver plate and for that you will have to do a proper research relating to assets you are looking to invest in.
Back in the day people invested with bank being given small percentage interest per annum e.g 7%, by that time it seemed as if it was a good investment but in the long run that's when you would see that its nothing because by that time the profits might have been eroded by inflation.
When was it launched?
In 2009 bitcoin was introduced and it was a crypto currency and only a few knew about it and a few trusted it because it was a new thing on the block o a few jumped into the ship and bought their coins for $0.02. You can imagine someone who bought 1000 bitcoins for $20 right now that person is worth more than 1 million. As the wise always said if you want to roar in life you have to take a bold step.
What makes it so powerful?
lt's low supply
Decentralized
Daily turnovers
Supply
Bitcoin has a circulating supply of 18,839,475 BTC which is a low supply as compared to other crypto coins on the market and the rule of economics is "supply determines demand". The lower the supply the higher the demand and therefore the higher the price.
Decentralized
Bitcoin is fully decentralized and has no company which controls it, it is driven by the market forces and that is why up to now the government authorities can not wipe it, what they are only capable of doing is banning it in their countries and persecute the crypto exchanges which trade bitcoin because they know bitcoin is here to stay. C
an you imagine a world were you will be in control of your own money without any interference from the authorities, no boundaries, no paperwork, no monetary policy and every obstacles imposed by the government. I can safely say "Bitcoin is our Liberator".
Daily Turnovers
Bitcoin has been going strong ever since it was launched, i have just took a short record from September when it was around $40,677.95. Now its close to 20 days only and it reached $55,728.94 on the 10 of October and its still bullish.
If you calculate that move you will see that for someone who has 1 Bitcoin has made a profit of$15,000 in 18 days.
Is Bitcoin the only crypto asset which is lucrative?
Of-course no there are altcoins out there which make make you a fortune but as for me Bitcoin is the best of all because of its volatility since in these markets we get our piece of the cake when volatility is present and to be short and precise "Bitcoin is the money making machine".
