When was the best year to buy bitcoin?

Bitcoin's returns over the years have been quite remarkable. In 2016, the cryptocurrency delivered a return of 124%. This significant growth marked the beginning of a period of heightened interest and investment in Bitcoin.

BTCC, a top cryptocurrency exchange, offers a range of services to cater to the needs of its clients. Among its offerings are spot trading, futures trading, and a wallet service. These services provide investors with the tools they need to participate in the Bitcoin market and manage their cryptocurrency holdings effectively.

The following year, 2017, saw an even more astonishing return of 1,338%. This period was characterized by a surge in media attention and a wave of new investors entering the market. The high returns attracted speculators and long-term investors alike.

However, 2018 brought a sharp reversal in fortune for Bitcoin investors. The cryptocurrency posted a loss of 73%, marking a challenging year for the market. This decline was driven by a combination of factors, including regulatory uncertainty and a bear market in the broader financial sector.

Despite the setback in 2018, Bitcoin bounced back in 2019 with a return of 94%. This recovery demonstrated the cryptocurrency's resilience and its ability to rebound from significant declines. Investors began to regain confidence in Bitcoin's potential as a store of value and a medium of exchange.