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Author Topic: Buying Bitcoin Has Been Profitable 98.2% of the Days Since Creation  (Read 5860 times)

Offline Flodner

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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/

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Offline Senin

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Re: Buying Bitcoin Has Been Profitable 98.2% of the Days Since Creation
« Reply #1 on: July 02, 2019, 09:26:58 PM »
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.

Online Bobcrypto

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Re: Buying Bitcoin Has Been Profitable 98.2% of the Days Since Creation
« Reply #2 on: July 14, 2019, 04:07:55 PM »
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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Offline kaleemmalik

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Re: Buying Bitcoin Has Been Profitable 98.2% of the Days Since Creation
« Reply #3 on: July 15, 2019, 12:18:21 PM »
Yed i agree with you completely  that investment  in bitcoin  will definatly give more profit.. no doubt i believe  that...

Offline Goodcat49

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Re: Buying Bitcoin Has Been Profitable 98.2% of the Days Since Creation
« Reply #4 on: July 15, 2019, 10:52:14 PM »
In deed, that's why people really HODL Bitcoin, not alts.

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