Ever since Satoshi Nakamoto announced the wonders of blockchain and cryptocurrency to the world, Bitcoin has been in news, and its price has risen to another dimension now!
Since the very inception of the concept of cryptocurrency, there were speculations that it might not sustain for a long time, in the world of law and order, and centralized banking system. But against all odds, cryptocurrency skyrocketed and broke its own records, when Bitcoin touched $7500 per coin this November (2017).
There’s a popular term associated with Bitcoin holders, and that is – HODLERS. It is not a typo, but a well-known term in the crypto-world, which means, that the investors hold on to their coins, despite a dip in the market, unlike in other areas, where a sudden dip forces everyone to sell and pull out.
The bitcoin value was largely undermined by early investors who called the entire system, merely a bubble that was about to burst, but then, people’s trust in it proved everyone wrong, as it rose to heights!