In this video by Crypto Zombie, the host K-Dub reviews the explosive growth of Bitcoin in 2020. Because of the COVID-19 induced recession, more individuals and institutions than ever turned to it as a safe haven asset. The price of Bitcoin ended the year at an all time high of over $29,000. K-Dub mentions a column by Tyler Winklevoss speculating that it can reach $500,000 in 2021.
While there will be corrections and dips in the price of Bitcoin, it is expected to trend upward for years to come. However, if you feel it’s too late to make profit on a Bitcoin investment, K-Dub mentions 2 other cryptocurrencies with potential. One is Ether, the native currency of the Ethereum platform. Some call Ether the Robin to Bitcoin’s Batman, in that it’s the most established alt coin. K-Dub says the 2nd cryptocurrency to check out is Polkadot, and makes the case for it in the video. Watch the video, and click the link to Crypto Zombie’s resources.
