Over 97% of Bitcoin addresses are currently profitable

[Wiseman]

According to IntoTheBlock data, more than 97% of Bitcoin addresses are currently profitable, setting the highest profitability level since November 2021. Long-term investors who have held Bitcoin for more than a year own 13.6 million Bitcoins. It's enviable.

You should not be envious, you should do the analysis and make you envy, I understand that it is not easy, but for the beginning it is the best, even if you do not have a lot of money, if you learn to do the right analysis, you can become a good trader and start to earn good money and then you can become an investor.

[NikeFit_7777]

Nothing wrong with that, those who held out (and didn't sell in advance) were rewarded as always. I don't know how exactly to react. And the fact that people invest in stocks = when they grow, they are in a good profit, is that nothing? Then I guess there's nothing to be surprised about either. It is much more frustrating to watch the market and be out of position and at least not be on the list of the % of people who have made gains.

P.S. According to data from coinmarketcap - the market is now maximally overheated. Be extremely careful with positions and tc.

If behind this indicator, you can follow the link: https://coinmarketcap.com/charts

[Cryptsafe]

I have no doubt because last bull market many were trapped even a nation got stocked up and the president became a laughing stock at some point Since the markets did not recovered, many were hoping till this very moment that they could wait until the next bull run for there to be recovery usual

If you look at such terrible conditions, of course by now many of the cryptocurrency assets in Bitcoin should have returned because the price has become expensive again.
As long as they can patiently wait until the price of Bitcoin soars, they will always win because the key to success in Cryptocurrency is patience.

You are right. It takes patience in the Crypto space for an investor to get back their investment and profit all together.  As a Crypto enthusiast you should know that upon investing your funds in Crypto project, it will take time to gain back your profit because the project would need much time to develop till it is finally recognised and it's utility value begin to function in full force then you can conveniently begin to reap the benefit of your investment either through sales of your coin or token issued to you.

[legend45]

I have no doubt because last bull market many were trapped even a nation got stocked up and the president became a laughing stock at some point Since the markets did not recovered, many were hoping till this very moment that they could wait until the next bull run for there to be recovery usual

If you look at such terrible conditions, of course by now many of the cryptocurrency assets in Bitcoin should have returned because the price has become expensive again.
As long as they can patiently wait until the price of Bitcoin soars, they will always win because the key to success in Cryptocurrency is patience.

You are right. It takes patience in the Crypto space for an investor to get back their investment and profit all together.  As a Crypto enthusiast you should know that upon investing your funds in Crypto project, it will take time to gain back your profit because the project would need much time to develop till it is finally recognised and it's utility value begin to function in full force then you can conveniently begin to reap the benefit of your investment either through sales of your coin or token issued to you.

Investing in crypto is not immediate when we buy meme coins during the hype. A project takes a long time to become known and attract investors. That's why many projects that previously seemed not so good, now when the price of Bitcoin starts to rise at a fairly high rate, those projects are starting to get expensive.

[Cryptsafe]

I have no doubt because last bull market many were trapped even a nation got stocked up and the president became a laughing stock at some point Since the markets did not recovered, many were hoping till this very moment that they could wait until the next bull run for there to be recovery usual

If you look at such terrible conditions, of course by now many of the cryptocurrency assets in Bitcoin should have returned because the price has become expensive again.
As long as they can patiently wait until the price of Bitcoin soars, they will always win because the key to success in Cryptocurrency is patience.

You are right. It takes patience in the Crypto space for an investor to get back their investment and profit all together.  As a Crypto enthusiast you should know that upon investing your funds in Crypto project, it will take time to gain back your profit because the project would need much time to develop till it is finally recognised and it's utility value begin to function in full force then you can conveniently begin to reap the benefit of your investment either through sales of your coin or token issued to you.

Investing in crypto is not immediate when we buy meme coins during the hype. A project takes a long time to become known and attract investors. That's why many projects that previously seemed not so good, now when the price of Bitcoin starts to rise at a fairly high rate, those projects are starting to get expensive.

If I am not mistaken, do you  mean investing in Crypto does not give profit when we buy coin immediately or what ? because I am a bit confused with your first statement.
It is true that a project takes time to build while it is worked upon by the the team and founder
 Just like it takes time to build a house, so it is in Crypto. There are many stages involved in the process of building a project. So if you must want a good returns on your investment then you must give such project time to develop so that what you envisage would turn to reality.

[Faisal2202]

It looks like OP copied the text from -cut-
I'd guess they estimate whether address in profit or loss looking at Bitcoin price when the Bitcoin was sent to certain address.

Thanks for providing the source link for me, I was actually trying to urge the OP to add the source link in his/her post, because I saw some newbies to make such statistical statements, without any source link, and that you know makes such an statement invalid until some good proofs. So I thought asking for a source link would force the OP to find and add it here.

But thanks to your for finding as I can also find it but trying to force OP, but still thanks and +1 for your efforts. And yeah, they made an estimate, because there are numerous wallets, that they don't have track of, so how can they say 97% are in profit. I think this is also based on no data, but a mere graphical representation to fulfill the formality. Most of these big news outlets, make such statements. But as I said, considering the current situation of the market, this statement looks so obvious.

[Fivestar4everMVP]

According to IntoTheBlock data, more than 97% of Bitcoin addresses are currently profitable, setting the highest profitability level since November 2021. Long-term investors who have held Bitcoin for more than a year own 13.6 million Bitcoins. It's enviable.

You should not be envious, you should do the analysis and make you envy, I understand that it is not easy, but for the beginning it is the best, even if you do not have a lot of money, if you learn to do the right analysis, you can become a good trader and start to earn good money and then you can become an investor.

Actually, there is nothing wrong in being envious, as long as it's not allowed to becloud our sense of reasoning, being envious can drive us in two ways, and they are positive and negative ways.
When we allow envy to drive us in a positive way, it helps us want to do more for ourselves, so that we can become, or get close to becoming like those we envy.

I myself most of the  time can't help but envy those who discovered and got into bitcoin very early, and are super dollar millionaires and billionaires today, but then, this has being a driving force for me, something that encourages me to work and strive hard, so I could one day become like the ones I envy.

The op did say 97 percent, but the real fact is that, as soon as bitcoin goes into price discovery, which it will soon, 100 percent of all bitcoin wallets, regardless of when they bought or how much they bought, will be in profit.

[UNIVERSE]

According to IntoTheBlock data, more than 97% of Bitcoin addresses are currently profitable, setting the highest profitability level since November 2021. Long-term investors who have held Bitcoin for more than a year own 13.6 million Bitcoins. It's enviable.

This is why many people make long-term investments in BTC. because we really understand that holding BTC will provide high potential to gain profits at a certain level. And basically, the price of BTC will fall when bearish and continue to rise when bullish. So, when we understand the concept and believe in Bitcoin and its development, we no longer need to be suspicious or worried about long-term holding.

The op did say 97 percent, but the real fact is that, as soon as bitcoin goes into price discovery, which it will soon, 100 percent of all bitcoin wallets, regardless of when they bought or how much they bought, will be in profit.

That's it is.
It should be 100%.
Because, if we are holding, then the value and rate of Bitcoin will be the same, right? So, regardless of who is still holding, it will definitely continue to be profitable. Unless you bought it at $70k yesterday and currently the price of BTC has fallen to $68.5k. This means there is indeed a slight decline in prices. But it doesn't mean a loss because it's still holding. This is just a market correction.

[Dr.Bitcoin_Strange]

Investing in crypto is not immediate when we buy meme coins during the hype. A project takes a long time to become known and attract investors. That's why many projects that previously seemed not so good, now when the price of Bitcoin starts to rise at a fairly high rate, those projects are starting to get expensive.

It is already know that so many altcoins, if not all of them, usually follow the trend of the Bitcoin bull to pump. If there was no Bitcoin bull market, I doubt that there would even be any huge pump seen I altcoins. Some Investors too usually experience loses while investing in altcoins too because even with the bull market, not all coins can pump.

[tranthidung]

It is already know that so many altcoins, if not all of them, usually follow the trend of the Bitcoin bull to pump. If there was no Bitcoin bull market, I doubt that there would even be any huge pump seen I altcoins. Some Investors too usually experience loses while investing in altcoins too because even with the bull market, not all coins can pump.

In bull run, people see altcoins pump a lot but they did not know a hidden fact that those altcoins were down a lot from their all time highs in a last bull run, 3 or 4 years ago.

See this screenshot and sit down to think deeply about risk of altcoins. Even they doubled, trippled in prices recent weeks, they are still - 80% or - 90% from their all time highs.

Choose Down from ATH on Coinmarketcap filter to see it.
https://coinmarketcap.com/

[JISAN]

According to IntoTheBlock data, more than 97% of Bitcoin addresses are currently profitable, setting the highest profitability level since November 2021. Long-term investors who have held Bitcoin for more than a year own 13.6 million Bitcoins. It's enviable.

It is only natural that the wallets holding Bitcoins will be profitable as the price of Bitcoin has crossed the old all-time high. If it is the case that 97% of wallets are in profit that means 97% of people are holding bitcoins at this point. Bitcoin is a very potential currency and long-term investment is sure to yield profits. Bitcoin is a long term investment coin where one can never make profit if he invests for a short period of time. The price of btc fell to 15k at that time those who bought and held bitcoins are now in HUGE profit, they have multiple profit now.

[Cryptsafe]

According to IntoTheBlock data, more than 97% of Bitcoin addresses are currently profitable, setting the highest profitability level since November 2021. Long-term investors who have held Bitcoin for more than a year own 13.6 million Bitcoins. It's enviable.

It is only natural that the wallets holding Bitcoins will be profitable as the price of Bitcoin has crossed the old all-time high. If it is the case that 97% of wallets are in profit that means 97% of people are holding bitcoins at this point. Bitcoin is a very potential currency and long-term investment is sure to yield profits. Bitcoin is a long term investment coin where one can never make profit if he invests for a short period of time. The price of btc fell to 15k at that time those who bought and held bitcoins are now in HUGE profit, they have multiple profit now.

To be honest, wallets that bought early when price was low are now on profit  and as you have said, 97% of wallet holders should be happy by now, even though btc price dropped, which we all know is likely a price correction. The price touched a new all-time high, so halving is yet to take place, which means that the price would definitely go beyond the price it touched before the correction, and as such, a new all-time high would be achieved in days to come.
Bitcoin is indeed a long term investment for those who sees it so and are ready to take the part of digital investment. Profit is guaranteed if a long term is your plan and have nothing to worry about of your investment capital for a long time as the case maybe.

[kulkhan]

Yes most of wallet are profited. Because now bitcoin price is more then high which price was buying. Most of holders are bought Bitcoin in low price. And we saw recently Bitcoin price hot new ATH. Bitcoin price hit near about $74k. It was highest price in Bitcoin history. Now we are seeing small correction after correction bitcoin price will move and will creat new ATH and new history for Bitcoin. So i think not only 97% i think after few days 100% wallets will profitable there has no doubt.

[pacar_tiri]

It is only natural that the wallets holding Bitcoins will be profitable as the price of Bitcoin has crossed the old all-time high. If it is the case that 97% of wallets are in profit that means 97% of people are holding bitcoins at this point. Bitcoin is a very potential currency and long-term investment is sure to yield profits. Bitcoin is a long term investment coin where one can never make profit if he invests for a short period of time. The price of btc fell to 15k at that time those who bought and held bitcoins are now in HUGE profit, they have multiple profit now.

Exactly, Bitcoin will indeed provide many benefits like that because of the influence of the increasing demand for Bitcoin, while getting Bitcoin is very difficult to do, so it is natural that the price is always increasing.

[Legion]

It is only natural that the wallets holding Bitcoins will be profitable as the price of Bitcoin has crossed the old all-time high. If it is the case that 97% of wallets are in profit that means 97% of people are holding bitcoins at this point. Bitcoin is a very potential currency and long-term investment is sure to yield profits. Bitcoin is a long term investment coin where one can never make profit if he invests for a short period of time. The price of btc fell to 15k at that time those who bought and held bitcoins are now in HUGE profit, they have multiple profit now.

Exactly, Bitcoin will indeed provide many benefits like that because of the influence of the increasing demand for Bitcoin, while getting Bitcoin is very difficult to do, so it is natural that the price is always increasing.

That's right, Bitcoin will provide a lot of profit for those who can store their assets well, because as you can see some time ago the price of Bitcoin collapsed again and made many people panic and sell at a loss.