While it is wise to invest in the big names like Apple or Microsoft, it seems like Bitcoin is another viable option to go with. The father of one year old Izabella Bowles, Peter, made a risky decision by investing 1 BTC. And now to everyone’s surprise, the cryptocurrency is $8145. Peter took a risk and it paid out.
Last year was a good year for Bitcoin. The first half saw an amazing growth, while the second half July to December saw only the single digits, which is a shame. But the latest Bitcoin news is that it reversed the downward trend this new year.
Peter, the father to the now called Bitcoin baby confessed to HODL and promised not to sell it no matter the situation. He believes that Bitcoin will grow immensely in the next 18 years. But he just hopes that 18 years into the future, colleges will accept cryptocurrencies for college fee.
Peter Bowles, who works as the Chief Creative Officer at London-headquartered Clarity PR, shared his predictions. He mentioned that 18 years ago, he would not have believed that children would be making millions by reviewing toys on YouTube. But it’s happening. So he hopes that trends change.
He took the risk, when his Nephew Robbie was born. And invested in something other than Microsoft or Apple. It’s good to take risks in investments. With the way Bitcoin is faring its highly likely it will be in a great place in 2038.
Though the price surges in Bitcoin are way beyond what he predicted, he still believes that Bitcoin is in baby stage. He thinks that bitcoin is still in the early stages and that there is enough time for it to mature.