Bitcoin uses blockchain technology. As a distributed storage technology, blockchain is immutable. The data recorded in the block will always exist on the chain. No matter how the world changes, how the cryptocurrency market will be turned upside down It will not disappear out of thin air .
Read moreWill Bitcoin be around in 5 years?
And a recent study by Deutsche Bank found that about a quarter of Bitcoin investors believe Bitcoin prices will be over $110,000 in five years . The volatility is nothing new, and is a big reason experts say new crypto investors should be extremely cautious when allocating part of their portfolio to cryptocurrency.6 gün önce
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