Gold failed to glitter, equities made a mark, real estate found itself struggling with regulations but what took investors by surprise was the cryptocurrency market. Bitcoin in particular saw widespread interest not just across the world but in India as well.
Bitcoin rallied from $1,000 rose to nearly $20,000 in December. Not just Bitcoin, but other cryptocurrencies did pretty well in 2017.
Well, if you have found this particular asset class interesting and are planning to take a dip into the unknown, tread with caution – a word of advice which comes from not just analysts on D-Street but also astrologers and numerologists. The sharp run-up in Bitcoin could be attributed to number 5, which belongs to Mercury, says astro-numerologist Sanjay B Jumaani.
“Bitcoin adds to 23, the best form of Number 5, Mercury the fastest Planet of Speed! It has already made the owner of Bitcoin, Satoshi an overnight Billionaire,” he told Moneycontrol.
Cryptocurrencies mainly Bitcoin, Ethereum or Ripple enjoyed a bumper year in 2017 as mainstream investors entered the market and drove prices higher. We saw an explosion in so-called initial coin offerings (ICOs) – digital, token-based fundraising rounds which drove demand. Read more from moneycontrol.com…
thumbnail courtesy of moneycontrol.com