The Bitcoin exchange rate has risen a lot in recent years. It has been around for a while but since 2012 the value has really started to rise. Like other investments, you can track the Bitcoin rate live. In 2018, the Bitcoin price made its first big rise. Halfway through the year, the value went down again. In 2019, it even dropped to a low point.... But in 2020, it stabilized again. We can also see that the corona crisis had a positive impact on the stock market. The value has only been rising from the middle of 2021. The all-time high that bitcoin has had is €53981.84. Currently, the value is dropping again making the stock hover around €45,000.
The Birth of Bitcoin
In 2009, the digital currency first hit the market. The blockchain concept was written back in 1998 but it took them 10 years to find the right software for it.
It is publicly available but after the sale of 21 million coins the max is reached.
More and more banks and businesses are making it possible to pay with Bitcoin. This means that, for example, you can buy a car or house with this digital currency. Criminals also like to use the digital currency. The Bitcoin exchange rate has been rising steadily over the years. But in the live Bitcoin rate of the second quarter 2021, we do see a slight decline in the currency.
Live Bitcoin Price Monitoring
You can follow the live Bitcoin price on several websites. You do not need the intervention of a bellhop to buy this currency. However, you should be aware that you will miss the advice. They have been monitoring the Bitcoin exchange rate for years so they know exactly when the right time to trade is. If you do decide to buy bitcoin, it is best to choose a company that is already active on the trading platform. This way, you do not have to worry about difficult codes or wallets, but you can simply deposit just like buying something from a store.
Trade in crypto currencies
If you're going to trade in crypto currencies like Bitcoin, it's sensible to first follow the live price for a while or to consult statistics from the past. You can also trade with a so called leverage trading, in which case you'll be able to make more profit, but there is also the risk of losing more money. It is mainly used by people who only want to trade temporarily. This way they can increase their return in a short period of time, but the risk is that the return might also decrease. Investing is just like gambling, you just have to be lucky with it.
Profit from the Bitcoin rate
If you're going to trade in crypto currencies, you're doing this with the intention to make a lot of profit. A smart way to profit from a strong price drop or rise is to trade at a booker. Then you'll be able to trade with so-called crypto currency pairs, as a result of which you could make a lot of profit as well as a lot of loss. Because of the leverage you'll profit from every rise. So every euro is one.
Some bookers also use a demo account. On this account you can practice investing and see what the risks are when you start investing. This experience will teach you the tricks of the trade. You can also follow the bitcoin price live to get an idea of its value.
The live Bitcoin exchange rate is not only followed in the Netherlands . As many as 64% of people in the United States are interested in Bitcoin. We are talking about a survey that was conducted among adults. 21.2 million Americans have already invested in Bitcoin. That number is expected to double in 4 years. Only a quarter of the investors are women, and that is where they are going to focus their efforts. This is not a bad number because normally this percentage is much lower because women do not invest much in America. But times are changing not only in America but also worldwide.