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Our recommendations – Where to buy? How much to invest? How to declare your winnings? Important points before investing.
When it was launched in October 2009, each unit was valued at approximately $0.001.In March 2024, the price of Bitcoin broke the $70,000 mark, breaking the all-time record. Of course, after a few dry runs. But those who were nervous, invested and kept the crypto star during the turbulence, made a great financial deal.
It follows that cryptocurrencies have, in 14 years, transformed their status as a niche investment reserved for new technology enthusiasts into a value held by millions of people around the world. 65 million people have invested more than $2,500 billion there. 12% of the French are more timid than their neighbors and bet on cryptocurrencies. But their number is increasing, and so is the number of values now available on the market. Ethereum, Maker, Solana, Tether, Aptos, Stellar, BNB, Dogecoin… The French Financial Markets Authority (AMF), the body responsible for monitoring depositors’ investments, lists more than 1,300 different cryptocurrencies. They are independent of any central bank, rely on the execution of a computer program, and their value changes according to supply and demand. Therefore, Bitcoin is inherently volatile – it fell 70% in a few months in 2022 – and not all Bitcoins are the same. Therefore, before risking your savings, listen to the advice of industry experts.
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