INVESTING CRYPTO

Fun Facts about Bitcoin and the new world of Cryptocurrencies

Oct 08, 2021

Did you know? When converted to the value of one US Dollar in 2020, goods and services that cost $1 in 1700 would cost just over $63 in 2020. In other words, $1 in 1700 was worth approximately 63 times more than it is today.

https://www.statista.com/statistics/1032048/value-us-dollar-since-1640


Did you know? $1 invested in gold 10 years ago is worth $1.06 cents today. $1 invested in February of 2011 in Bitcoin is now worth $55,000 (depending on the day.

https://www.bullionbypost.com/gold-price/10-year-gold-price-chart-usd/ and https://www.buybitcoinworldwide.com/price/


Did you know? While there are rumored to be 2800 stocks on the NYSE (the world’s largest stock exchange) and 3300 on the NASDAQ (the second largest), there are somewhere between 7000 and 12,000 coins and tokens available to trade in the cryptocurrency universe. And Bitcoin is worth 44.5% of the entire cryptocurrency market as of October 9, 2021.

https://currency.com/how-many-cryptocurrencies-are-there and https://coinmarketcap.com


Did you know? More and more big name banks are offering crypto funds or crypto storage for their customers including Morgan Stanley, JPMorgan Chase, BNY Mellon, and Wells Fargo.


Did you know? If you are buying your crypto through a site like PayPal or Venmo, you are limited to just a few of the biggest coins. Other places advertising that you can “buy crypto” like Robinhood are actually more like crypto I.O.U.’s. You can trade the price of the crypto, but you don’t actually own the coin nor can you move it to a crypto wallet or another exchange.

https://themakingofamillionaire.com/stop-buying-bitcoin-with-robinhood-4ad74f01002d


These facts are just some of the reasons why we here at Safer Crypto Investing believe that everyone should begin investing in the future of financial freedom, i.e. cryptocurrencies. However, we fully realize that there are a ton of people out there pushing their latest and greatest crypto strategies that really are just a good way to scam you out of your money. If you’re confused by terms like mining, initial coin offerings, pump and dumps, memecoins, staking, arbitrage and more, you should check out our mentor’s crypto class, The Plan.


Not only does Dan Hollings teach total beginners how to move money into and around cryptoland, he also teaches you ways to benefit from the inherent volatility of cryptocurrencies through automated trading systems that do all the hard work for you. And, after spending 3 years of research and $5 million worth of trade experiments, he is ready to share with you the perfect recommendations for you to be successful as a crypto investor, whether it is your first trade or your thousandth.


Check out Dan Hollings’ The Plan.


Join our newsletter today and we’ll notify you about the next time The Plan is accepting students.