Since the starting of the year 2010, Bitcoin price has much more volatile than expection, when it was started by a Pizza lover to buy 2 Pizza with the cost of 10,000 Bitcoins.
Bitcoin was started with a little few (negligible) cents and soon in touched the height of 31 dollars in the mid of 2011, and that time most of financial advisers from US said that bitcoin is a "bobble" and first time bubble word used for bitcoin.
and it was true on that time when bitcoin dropped down up to 2 USD within months.
Again bitcoin started to growing and touched $100 in the end of 2012.
and was at pick of $266 in April, 2K13.
Ohh no again investors lost their money within month when it was below $100 in June same year.
But it was not stop for this virtual currency and investors comes in profit same year when Bitcoin first time crossed the mark of $1,000 date was Nov. 29, 2013 when bitcoin was first time traded at the rate of $1,242.
Investors were in the profit with Mt. Got(Japan based largest Exchange at that time).
But it was first time when Bitcoin was in trouble because of Mt. Gox hacking in Feb, 2014. and investors lost their hard earn money within months.
And we can say that year 2014 was the troubling year for Bitcoin as well as for whole Bitcoin community.
And after that Bitcoin was suffered for three years to come back to mark of $1,000.
It was March 2017, when Bitcoin bounce up to $1,290 and Sep. same year Bitcoin Crossed $5,000. Investors was in Huge huge profit within months.
Now, no one was able to Stop Bitcoin. Bitcoin was in fire after Sep, 2017. within two months. Bitcoin goes touched $10,000 mark.
Investors were mad/hungry for Bitcoin they were only investing without any study or research over Bitcoin and bitcoin touched ATH $20,000 within months (Dec. 17).
Investors from world wide were investing without any Study or research. That was the biggest mistake ever made by new short Investors who were hoping for $50,000 till March 2k18.
But it was just opposite of that Bitcoin was dropped down up to $6,000 from $20,000 within few months.
And in current time it is realty that investors from all over the world in huge loss who were started Bitcoin trading trading during Mid Dec, 2017 or after that.
on the other hand Investors who were started trading in Bitcoin more than one year back are in Huge huge profit.
This time no one know that when Bitcoin will reach at $20,000 or more.
If it will follow the trend of year 2014. Then it is bad for us because last time Bitcoins takes almost 3 years to reach ATH of that time and it will take more than year to break ATH record of $20,000.
Even we all know that future of Bitcoin is bright but i just suggest those person who are investing in Bitcoin only for short term profit.
I will suggest to them "Don't be greedy for this Bubble".
This is my personal research related to Bitcoin, future of Bitcoin is bright but It's high volatile market, so always invest in Bitcoin or other VCs after deep study.
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