Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Flodner on July 01, 2019, 03:27:35 PM
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Bitcoin (BTC) has been profitable as an investment 98.2% of the days since its creation, data from holdcalc.com as of July 1 indicates.
Counting 3830 days back — to January 4, 2009, one day after the coin’s Genesis Block was hashed — holdcalc’s data suggests that on 3671 of these, it was profitable to buy bitcoin (BTC) as an investor.
That leaves 69 unprofitable days — which include virtually all days during December 2017, at the apex of bitcoin’s historic bull run to $20,000 — as well as almost all of January 2018.
The most recent cluster of unprofitable days recorded in hodlcalc’s data are during the end of last month — between 25 and 29 June 2019 — when the coin was trading between the $11,170 and $12,907 price points.
More information: https://bitcoin2day.net/buying-bitcoin-has-been-profitable-98-2-of-the-days-since-creation/ (https://bitcoin2day.net/buying-bitcoin-has-been-profitable-98-2-of-the-days-since-creation/)
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Yes, I completely agree with such information. In general, given the general rise in the price of Bitcoin, and its growth in price every year, it always provided much greater profit to its holders than any other bank in the world. However, even now the price of Bitcoin is too high and this circumstance will have a negative value when choosing an object for investment.
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Investment in bitcoin is quite profitable as can be seen in the in this 2019. It gonna be a huge profit cryptp ventue in few years to come.
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Yed i agree with you completely that investment in bitcoin will definatly give more profit.. no doubt i believe that...
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In deed, that's why people really HODL Bitcoin, not alts.
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to invest in bitcoin today can still benefit but not in the near future,
I agree with this article that investing in bitcoin is more profitable compared to Alts