As investors, we consistently seek opportunities that allow us to make significant gains while investing minimal amounts. To achieve this, we occasionally head towards the stock market, other times to mutual funds and real estate. However, a choice that emerged in 2009 surpassed all these aspects.
From below Rs 1 to Rs 85 lakh!
At that time, its cost was below Rs 1, but now it has risen to approximately Rs 85 lakh. Indeed, you understood it perfectly, and if the individual who invested had put in just Rs 9 at that time, today they would possess Rs 8.5 crore. In fact, we are discussing the digital currency Bitcoin. When it was introduced in 2009, the majority of people did not have faith in it. Up until May 2010, one Bitcoin was valued at 0.01 dollars. When considering today’s rupee value, it amounts to merely about 85 paise. In other words, if an individual had purchased Bitcoin for 85 paise 14 years back, he would now possess 85 lakh rupees.
The value of Bitcoin in the worldwide market rose to 1 lakh dollars on December 5. In this regard, when we consider it in terms of rupees, its worth is approximately 85 lakh rupees. The most significant surge in bitcoin has resulted from Donald Trump’s return to the United States and recent comments made by Russian President Vladimir Putin.
Trump is seen as an advocate for cryptocurrency, and his win in the presidential election suggests that lenient regulations may be established for digital currency in the near future. Conversely, Putin recently stated that nothing can hinder digital currency and its future is assured. Following his presidential election victory, its prices surged by 45 percent in just 4 weeks. In addition to this, Bitcoin has provided double the returns to
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