Unless you’ve been under a rock or on the moon………… you may have heard of Cryptocurrencies like Bitcoin, Ethereum, Dogecoin etc. Although Crypto has been around for at least a decade, right now it’s again making a historic run.

Bitcoin is essentially the big brother when it comes to the cryptocurrencies with most other cryptos mimicking its movement on the markets and is currently valued over $68,000 per coin on March 9th, 2024. To give a quick history, in November 2015 Bitcoin was fairly new and valued at around $327 per coin but, by mid December 2017 it had grown to almost $20,000 making a lot of people extremely wealthy thus sparking all types new investors into cryptocurrencies.

But, soon the first crypto drop would be upon us. By January 2018 Bitcoin would fall by 50 percent down to $10,000 before going all the way down to $3,000 per coin. Over the next few years this pattern would continue of extreme highs and extreme lows. With this type of volatility in price you can see why some would be reluctant in investing into such types of cryptocurrencies.

With endorsement from people like Elon Musk with DogeCoin are you still investing your dollars into cryptocurrencies? Or are you now skeptical of the longevity of it all? And do we even understand what cryptocurrencies are and what drives their prices. When it comes to the unknown, for the average investor Crypto takes 1st prize. How far do you think cryptos will go this time around?

If you have any tips tricks or any information to help make us all crypto millionaires drop it in the comment section below.