Topic: Bitcoin and Stock Price History 2012-2022 (Read 468 times)

Stocks have the advantage of being regulated but the chance of making huge profits in short time is low. Again crypto may see huge returns making it a wild west of the current era but is not regulated. There can be a mix and match of both. For some who has experience in stocks, crypto becomes easier to approach and making decisions here is easier for them.

Overall the winner is the one who keeps a cool head during the long range movements. Knowing that every rise is a chance to profits in the books and every drop is a chance to increase your stash does not come in the thought of every trader. This is important.

In my opinion, it is better to choose stocks, at least the stock market is mature, relatively stable, and regulated by regulatory agencies, but the Bitcoin market is not so optimistic, you must have rich investment experience, otherwise It's easy to be...

I asked myself this question nearly 11 years ago and the answer was clear.  When I discovered Bitcoin it was such an "ah-ha" moment.  The question, "but what can I do?" finally had an answer.  It really was clear as day that Bitcoin was a real emerging technology that was vastly undervalued as a p2p trading network solution and superior as a low cost way to do business internationally while giving the ability to maintain privacy.  It was like if Western Union owned the Black Market (this was my thinking at the time) and had a valuation around 10 million dollars.  It genuinely was a once in a lifetime opportunity and the first night I learned about Bitcoin I was up all night setting up software to mine on my old computer and looking at what I needed to grow the process.  There are few things in life that ever came close to exciting me as much as Bitcoin in 2011.  The blocksize wars and all the drama surrounding villainizing members of the community set in place an attitude and environment that has made me think twice about Bitcoin's dominance and start looking into more inclusive communities.  I hope someday there's some sanity and truth in the community again.  Once upon a time this place was a Libertarian heaven and it was clear Bitcoin had a bright future. 

In both cases my answer would be all three.

I would never make the mistake of being stubborn enough to go all in on one type of asset. Since I came to be knowledgeable about stocks and markets after bitcoin had made its name, I am still of the same opinion. Having a background in stock trading gives me the advantage over newbie traders in bitcoin who dont know when to buy and when to sell. This has allowed me to stick to the long term profit and not get into losses that are beyond my control.

It is important here to know how to prevent a mental breakdown from day1 of trading. Having a diversified portfolio with a mature outlook is the first step. One day a certain asset may go down but having backing of two more asset classes will give you closure. This is important in the long term game, something I tried to explain several times previously to other users of this forum.

If somebody had asked you a decade ago if you wanted to invest in stocks of the world's largest corporations or in Bitcoin, what would you choose?

How would you respond if someone asked you the question today?

Here's the overview of historical prices 2012-2022: https://www.youtube.com/watch?v=jjFdHNCEgQ4