But for those worried about potential losses in the short term, especially since the recent market crash, this shows why holding on to your investment in the long term could reap unfathomable gains.
In nine years the value of the mysterious account’s investment has jumped more than 2,000 times, showing the importance of holding and keeping faith in your cryptocurrency investments for a long time.
Dogecoin price in India has quadrupled in the last two months, but investors have also been hit hard by the massive fluctuations in its value owning to the volatility in the cryptocurrency market.
Bitcoin was introduced by a person said to be named Satoshi Nakamoto – his identity remains a mystery – in 2008 as arguably the first decentralised digital currency.
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