Assuming that you currently hold/trade Bitcoin [BTC] or any of the other altcoins in existence, the fact that you are reading this implies that you are well acquainted with the volatile nature of this class of assets.
BTC’s journey to becoming the world’s largest cryptocurrency began in 2009, with an initial value of less than a penny. The price remained relatively stable in its early years.
However, in 2013, it saw a surge in value, hitting an all-time high of $1,242 in November. This hike was short-lived though and within months, the price dropped below $200.
The following years were marked by periods of volatility, with the price hovering between $200 and $1,000. However, in late 2017, BTC’s value exploded, reaching an all-time high of nearly $20,000 in December.Read more on ambcrypto.com