5 Cryptocurrencies Millionaires Love

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1. Bitcoin 

Bitcoin is the most popular digital currency in circulation today, with a market capitalization of more than $873 billion. Bitcoin is a decentralized cryptocurrency that was launched in January 2009 by an unknown person named Satoshi Nakamoto. Bitcoin was created for direct peer-to-peer transactions, and the owners envisioned the coin to be a reliable mode of payment without the involvement of financial institutions. 

Bitcoin was the first digital currency on the crypto market which is now worth over $2 trillion. Bitcoin is perceived to be the most reliable mode of payment, with millions of participants in its trading circle from all over the world. The total Bitcoin supply will not exceed 21 million coins, but new coins can be mined. 

One of the biggest champions of Bitcoin is Bill Miller, the legendary American hedge fund manager who has a solid track record of beating the S&P 500 returns over the years. He first invested in Bitcoin back in 2014, when the coin traded for about $200. In 2021, he began purchasing the currency again when it was worth around $30,000. Today, 50% of his total wealth is invested in cryptocurrencies and digital assets, especially Bitcoin. 

You can also take a look at Top 10 Blue Chip Stocks to Buy in 2022 and 10 Stocks to Buy Before the Next Recession

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