[Graph] Average return of Bitcoin, you can't lose money stacking continuously

Husires

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Quote from: taufik123 on October 19, 2021, 12:57:47 PM

The returns will be greater if it continues to be made with time and the price of bitcoin goes up.

People's problem is short-term investments, and the graph has proven that even short-term investments in one year are ideal and profitable, other than in two cases.
The price will continue to increase, but if you buy in large amounts when everyone wants to buy, facts may come true, other than that, continuous buying makes profits.

Quote from: nibor on October 19, 2021, 06:53:24 AM

Did anyone validate this chart? It is using 31st Dec prices for each year?

this chart for 2020 only, 2021 not included but price was at least doubled/

taufik123

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Quote from: Husires on October 19, 2021, 03:33:03 AM

The strategy to buy and hodling may not seem right to many people, especially as you get older, you will find that you have a little extra money to start offering some options, and therefore the chart above shows you the appropriate times in general to buy and the times when you should avoid selling.
This cannot be done perfectly, but in general you should take these ratios into account before considering any investment.

Saving (stacking continuously) does not necessarily mean millions of dollars, but investments of $100 per week will be sufficient.

Buying and holding will not be easy to do. All will affect the initial strategy made and the target price to be achieved. Buying long term investments and then piling them up continuously is perfect for those who have extra funds that are not achieved and can be patient to achieve targets.
Saving in a relay or $100 per week or as much as you can is also very efficient if you don't have a lot of money and save a little bit. The returns will be greater if it continues to be made with time and the price of bitcoin goes up.

cr1776

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Quote from: nibor on October 19, 2021, 06:53:24 AM

Did anyone validate this chart? It is using 31st Dec prices for each year?

Just bet if you picked the highest price in each year to buy and the lowest in the later year to sell could come up with a very different conclusion.

To date - timing is everything...

If anyone could reliably, continuously market time they'd be a billionaire. The reverse is also true, if you picked the lowest price of anything one year and sold the highest the following year, you'd be rich.

The point of the chart seems to be: if you bought (or mined) and held for any reasonable period of time you'd have done well. If you try and trade, all bets are off.

nibor

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Did anyone validate this chart? It is using 31st Dec prices for each year?

Just bet if you picked the highest price in each year to buy and the lowest in the later year to sell could come up with a very different conclusion.

To date - timing is everything...

Husires

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Quote from: DapanasFruit on October 18, 2021, 09:32:56 AM

I agree with the idea of just holding till maybe you reach your own goal but of course since we know that there remains a big potential for enormous growth with Bitcoin,

The strategy to buy and hodling may not seem right to many people, especially as you get older, you will find that you have a little extra money to start offering some options, and therefore the chart above shows you the appropriate times in general to buy and the times when you should avoid selling.
This cannot be done perfectly, but in general you should take these ratios into account before considering any investment.

Saving (stacking continuously) does not necessarily mean millions of dollars, but investments of $100 per week will be sufficient.

hatshepsut93

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It's not exactly a secret that Bitcoin had great performance in the past, but this doesn't guarantee that it will have a great performance in the future. What you should be looking at is level of adoption, network metrics, code development, regulations in important countries and so on.

DapanasFruit

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I agree with the idea of just holding till maybe you reach your own goal but of course since we know that there remains a big potential for enormous growth with Bitcoin, we can hold indefinitely just like having a saving or special time deposit in the bank - just forget it and revisit it once the value has hit the moon and beyond. This is one big lesson that I learned the bitter and hard way because last year I got so weak I converted my Bitcoin into BTCV and then the crash happened. A sad story that should be learned by all especially the newbies.

Husires

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This graph is showing the yearly avarage return of #Bitcoin
Source: https://twitter.com/drchopperX/status/1448629376539578368

The chart can be read in reverse, which is that everyone has made profits, except for those who bought in 2013 and sold in 2014, and those who bought in 2017 and sold in 2018.
Keep hodling your coins earns and only sell when you make profits.

Except for that, in all cases, profits were made.

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