Investment is more than 1 year and I would like to look further than in 2024, that is a bullish year for Bitcoin market.
The ROI Chart https://casebitcoin.com/charts#roi_chart with 10 years time frame can help newbies to see how good Bitcoin performance is in last 10 years.
Yearly candles chart can help to have a good overview too https://charts.bitbo.io/yearly-candles/. Despite of red and bearish years, Bitcoin trend over years is up.
https://curvo.eu/backtest/en/market-index/bitcoin?currency=usd
Focusing on one year will be very headache because we will limit our time line with only 1 year that will be mix of ups and downs and our decision will affected by ups and downs of market within 1 year.
The ROI Chart https://casebitcoin.com/charts#roi_chart with 10 years time frame can help newbies to see how good Bitcoin performance is in last 10 years.
Yearly candles chart can help to have a good overview too https://charts.bitbo.io/yearly-candles/. Despite of red and bearish years, Bitcoin trend over years is up.
https://curvo.eu/backtest/en/market-index/bitcoin?currency=usd
Focusing on one year will be very headache because we will limit our time line with only 1 year that will be mix of ups and downs and our decision will affected by ups and downs of market within 1 year.
That’s another kind of investment you’re referring to- long-term investment. What OP outlined is more about the investment this year, where you buy at the start of the year and hold until a certain month, likely until September 30, 2024, which is the end of the third quarter. With that presentation, Bitcoin has already gained 49.2% this year, making it the highest in the list. For an investment with such a large market cap, that’s pretty impressive. So, if you’re a Bitcoin enthusiast, you’d see this as another victory for the entire ecosystem.
