India
Bitcoin, launched in 2009, was initially valued at almost nothing. By 2010, its price was Rs 3.38 per coin, and with Rs 1,000, you could have bought 295.85 BTC. As of November 2024, Bitcoin is worth $98,000 (approx. Rs 82.76 lakh per coin). Your investment of Rs 1,000 in 2010 would now be worth an astonishing Rs 2,447 crore reflecting a return of 24.47 billion per cent.
Key milestones include Bitcoin’s first real-world transaction in 2010, its rise to $20,000 in 2017, institutional adoption by Tesla in 2021 and the launch of Bitcoin ETFs in 2023.
However, the journey was volatile requiring patience and a long-term perspective. Risks include regulatory challenges, price swings and the necessity of diversification.
Bitcoin is now accessible via platforms like Binance and CoinDCX and experts predict it could reach $1 million by 2030 underscoring its potential as a revolutionary investment.
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