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Bitcoin has pumped 50% within less than 2 months, that is anything but "slow" or "boring"

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by COINS NEWS 110 Views

Some people with crypto portfolios avoid investing in Bitcoin nowadays because they think it's too slow at moving. It's 14 years old, has shown it's massive gains in it's early cycles, and now provides diminished returns. But despite all that, when it does move it's still impressive. We're barely into this year, still with a bad macro environment, and Bitcoin is up 50% in a blink of an eye.

Yes there are plenty of alts that rise much more faster and I'm not a Bitcoin maxi, those are always fun to explore. But Bitcoin has been king for a reason, it's withstood the test of time so far and keeps chugging along. And despite all the new VC money, retail interest and new crypto companies that came up in 2021, the Bitcoin dominance hasn't hit it's lows of 2018. I think it'll probably go lower eventually but thought it was a worthwhile fact to mention.

When no one is interested and the price is seemingly doing nothing, it shocks everyone once it gets going. Do not underestimate how quickly Bitcoin can move

submitted by /u/Dazzling_Lime2021
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