This is probably remember when Bitcoin news and newspapers cover. It was not so long ago it was little more than a year later, at the end of 2017. In the same year, Bitcoin began to be worth US $ 1,000 to close at 13,000 US dollars, touching USD 20 000 two weeks earlier. It was a horrible growth, where you look. Not to mention when compared with the average performance of traditional finance 5% per annum (in dollars). Bitcoin was 1.400% in 2017.
Such was the fury unleashed speculative any stop talking about that possibility. For the vast majority turned out to be something completely new, and it is difficult to understand, it takes a long time to become familiar. but that seemed unstoppable growth, not longAs might be expected, because in 2018 the price dropped to 3200 US dollars per unit.
Argentines and dollar
This is very common in Argentina, that the financial asset has a greater demand on the part of the general public felt when the price rises, because it becomes news; and sell when it goes down, if it's appropriate to do the opposite.
It takes perspective when it comes to financial investments, always healthy make more rational analysis, which holds the handle in the future. If Bitcon price refer to the end of March for the past 8 years, as a rule, they observed a gradual movement, with small periods of high volatility.
The digital revolution continues to money
Digital money offer long-term, which is not reflected in its price over the last 18 months. In the background, there is an invisible struggle between those who put money on the basis of the program code, software, machines, or more people from the central banks, which rely on God (referring to the account of $ 100, it says in God we trust God we Trust – -In ").
A few days ago he was in Argentina a prestigious venture capitalist Tim Draper, known for its investments in companies such as Hotmail, Twitter, Skype and Tesla. In 2014, the US government auctioned 30,000 Bitcoins, which had been seized from the illegal site, and Draper bought them all at a price above the market at that time, USD 632 per unit, about 19 million US dollars. It is now worth 122 000 million US dollars.
During his visit to Argentina, he met with President Mauricio Macri and predicted that it reserves Bitcoin can reach $ 250,000 USD trade.
Nha SEBE, if it is right or not for several years, but when he looks now worth USD 4000 does not seem far-fetched, for those who bought on the crest of waves up to 20 000 US dollars, except and vowed never to buy.
In 2014, the US government auctioned 30,000 Bitcoins, which were withdrawn from illegal sites, and Tim Draper bought them all at a price above the market at that time, USD 632 per unit, about 19 million US dollars. It is now worth 122 000 million US dollars.
The experts always emphasize that "emotion in financial investments can be a bad counselor. It is always good to invest the first place before the wallet. Take the time to study this technological revolution of digital money.
* Gonzalo Arzuaga with & # 39 is a Fund Manager – Terrifico Capital and author of «Criptomonedas»