In 2021 Crypto lending platforms have become very popular among investors looking to earn more on their holdings. The most popular crypto lending platforms include Blockfi, Gemini Earn, and Celsius
Per CNBC:
If you had bought $1,000 in #bitcoin 10 years ago, it would equate to $2,785,737 today.
For comparison, If you had invested $1,000 in the S&P 500 index it would be worth $4,059 today
Over the past 7 days the price of bitcoin has increased 30.5%.
Compared to the YTD high of $63k bitcoin is currently down 38% off of those highs.
However, when compared to the previous high of the last bull run in 2017, bitcoin is up 99.5%
Inflation is running hot. Even the Fed cannot deny that.
Now the big debate seems to be whether or not inflation is going to be transitory.
But the real question is: if prices never go down, does it really matter?
Big 🧵👇 [1/22]
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