that's because many people are short-term traders so they don't recalculate, always shouting at the bear market that is saturated and the bloody market, even though in 2019 at the beginning to the end, since the beginning of 2019 the price of $ 3000 has reached $ 7000 now has got 100% profit, at early 2020 the price of bitcoin will start as low as $ 7,000, everyone must stop screaming bitcoin to death, try investing long term in a year starting from the beginning of this year, bitcoin doesn't always go up all the time, sometimes it has to go down in a while, please remember that your little traders are like whining kids
Topic: Bitcoin still bigger in 2019 from all other Commodities - page 5. (Read 879 times)
I read an article some days ago from CNN saying since bitcoin establishments in 2009 it has been the best Investment asset and the best in the last decade. So 2019 has to be no different, we focus on highs of bitcoin without observing the lows. Assuming we were paying attention to the lows we'll understand bitcoin has always been profitable year in year out. The volatile of bitcoin is what make it profitable, it can be low today but in matter of minutes give you 10-30% return of investment and matter of days give you 100% ROI, that's something most assets can't boost off.
True!
Thank you for bringing that out.
It seems like others are forgetting about that and all they do was scatter FUD that bitcoin is still not in a good spot.
Greedy people does that.
They want 50k, 100k and even 1 million USD in exchange for 1 bitcoin.
It ain't right and should not happen that fast.
The slow movement is still what I prefer so that there will be a real reason behind it and not just an imaginary number.
Thank you for bringing that out.
It seems like others are forgetting about that and all they do was scatter FUD that bitcoin is still not in a good spot.
Greedy people does that.
They want 50k, 100k and even 1 million USD in exchange for 1 bitcoin.
It ain't right and should not happen that fast.
The slow movement is still what I prefer so that there will be a real reason behind it and not just an imaginary number.
Indeed! All the people who complain about a bear market seem to forget that we made about 100% last year! If that's a bear market in crypto, then I wonder how we'd call it if BTC only appreciates 20% this year 😉 If my stocks did that this year, I would be a happy man!
Looks like many beginners expect a continuous bull run, instead of a YoY climb (or decline, also possible of course).
Any thing, a decline or a bull trend could happen in this year 2020, basically some says the past could influence the market price but with the latest bitcoin halving that will occur, we are still uncertain what could be the price of bitcoin could be. But one thing I am sure of, is that, for the past years, bitcoin is becoming the best investment platform in terms of ROI or the return of investment it could give from its investors even if they are newbies or not. Looks like many beginners expect a continuous bull run, instead of a YoY climb (or decline, also possible of course).
We often tend to missout of long term vision as we just look at the recent market situations but don't consider the overall view. The reason whys till people cry about bearish market is for the fact that they have invested into bitcoin when it was at peak at the end of 2017, bitcoin is yet to touch that mark again. Overall it would be a good growth for bitcoin last year but when we think from 2017 investor's point of view they are still at loss as they invested in hurry without any proper knowledge under FOMO.
Indeed! All the people who complain about a bear market seem to forget that we made about 100% last year! If that's a bear market in crypto, then I wonder how we'd call it if BTC only appreciates 20% this year 😉 If my stocks did that this year, I would be a happy man!
Looks like many beginners expect a continuous bull run, instead of a YoY climb (or decline, also possible of course).
Looks like many beginners expect a continuous bull run, instead of a YoY climb (or decline, also possible of course).
As we close out 2019, Bitcoin has come out on top compared to all other commodities once again. It brought the highest returns this year by far.
Bitcoin’s returns in 2019 trumps all other commodities. The leading cryptocurrency brought in returns almost double that of the second-best performing commodity this year.
Full Source here
Despite of all the ups and downs we had this year so far, it really looks good so far in terms of economic growth.
Probabily it will grow even more after upcoming halving and more new investors and countries will most likely start their way into such investment option.
This just show us who's the boss when comparing Gold with Bitcoin considering Gold being only +18%
Bitcoin’s returns in 2019 trumps all other commodities. The leading cryptocurrency brought in returns almost double that of the second-best performing commodity this year.
- Bitcoin: +100%
- Palladium: +57%
- Gasoline: +34%
- Coffee: +30%
- Lumber: +27%
- Platinum: +19%
- Gold: +18%
- Silver: +15%
- Sugar: +13%
- Wheat: +11%
Full Source here
Despite of all the ups and downs we had this year so far, it really looks good so far in terms of economic growth.
Probabily it will grow even more after upcoming halving and more new investors and countries will most likely start their way into such investment option.
This just show us who's the boss when comparing Gold with Bitcoin considering Gold being only +18%
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