Bitcoin is one of the most valuable cryptocurrencies today, according to new research.
Bitcoin has been on a tear lately, rising by almost 5,000% since late August, and it’s seen a steep rise in its value over the past month.
Bitcoin is the currency of choice among traders and investors, and many are eager to hold on to their holdings in the currency, despite its volatility.
While Bitcoin is widely seen as a safe haven for people who want to store their cash in the future, the currency has seen a recent surge in interest rates, making it difficult for people to make good investments.
Bitcoin, on the other hand, is a popular and secure investment, with investors willing to pay a premium to gain exposure to the currency.
That means that those with a lot of cash in Bitcoin are often making their money through more traditional means of investing, such as a mutual fund, and these funds are typically overvalued.
A new study published by the Financial Times shows that investors with a substantial amount of Bitcoin are making big gains in the wake of the cryptocurrency’s recent surge.
According to the report, investors who hold Bitcoin in the US, the UK, and Germany are making a whopping 36% to 41% gain in their portfolios over the next two years.
Those in China are also making huge gains, with the Chinese government’s decision to move to a fiat currency means the value of Bitcoin in China is on track to rise from around $900 million in 2015 to as high as $2 trillion by 2021.
The researchers also found that investors who own bitcoins at the end of 2017 are making huge returns, with those with Bitcoin at the beginning of 2018 making a massive 462% to 527% return.
In other words, Bitcoin is making its way to investors who are willing to put up more money in order to secure an attractive return.
It’s unclear whether the Bitcoin price is likely to continue rising, but investors who want a quick and cheap way to get started with Bitcoin should definitely check out the Financial Services Forum’s Bitcoin calculator to get a feel for how the currency is valued.