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I'm guessing you didn't understand the post. The point isn't that btc can be better return as I agree they likely will be better for some time. The issue is evaluating the investment. If I wanted to invest just in btc i could that's easy. However i choose to diversify and want some companies that are on the cutting edge of advancing btc. My only option is using btc to purchase those. So what do I do. I take my USD buy btc to then buy the security.
Look up at the chart above. Regardless of which "cutting edge" company you've invested in, you have lost. If you want to hedge against BTC price tanking, there is a simple way to do it: Sell the BTC and buy USD.
I could hold it all in btc but there is a different benefit from having shares of ownership in a company that a transfer protocol simply doesn't have.
So which "cutting edge company" are you "invested" in and @ what price did you buy in? Name me a date you'd like to cash out, and I'll be sure to send you a condolences gif.
Long term it seems your view is btc will always be the better investment and for the next couple years I think you are right. However once btc is mass adopted and the price stabilizes I think an investment that has the chance of paying out more that what the value of the btc over the long term is alluring.
It's irrelevant which way BTC moves. As long as you keep "investing" your BTC and decimating your stash, you'll lose--in BTC, dollars, or doughnuts. If you need some historical perspective, simply look at the chart above, it's full of fascinating historical data. As far as "chance" goes, there's a chance that buying scratch tickets will make you a millionaire. Though you probably shouldn't bet on it.
Also this:
First it sounds like you make assumptions. You assume bitcoin will succeed. Whether that's true or not only time will tell. With that assumption you extend it to the thought that gaining more btc will only bring you more buying power. These things are not certain as you seem to think they are.
You also state I can hedge using USD. It's true I can but that does not provide me the outcome I desire which is a steady stream of income over the long term. I could play margins or leveraged trades but that isn't what I'm looking for.
I'm pretty sure you could guess from my post what I'm invested in and why. Seeing as that was half of the initial post. As well I don't plan to sell unless there is no hope left in the investment which doesn't seem likely so I expect to hold the shares for years.
Over the past 6 months I've made most of my btcs from securities however none that I would have stayed with long term other than my current investment. It became pretty easy to figure out the market if you put in the time. The biggest limitation was volume. And because of that it became easy to wait until a big dump happened buy it back up then sell off higher.
As well you assume that the time frame for these start up securities are long enough to produce a generalizable conclusion on btc securities. I doubt you have ran the stats data to show validity that your data supports your claim. Most start ups fail with in the first year the difference here is bad businessmen don't have to provide any type of plan to a bank to get a loan to start their business. Here you throw out some colorful banners and tell them they will make 200% investment in a month and people eat it up. This doesn't mean that all securities are bad it just shows you how an unregulated market works. Shit the US has business that go under daily that are traded publically but due to regulations this rate is much lower than crypto securities.
All of this does not mean investing in securities is horrible it just means you require more due diligence in evaluating a company and you accept a greater risk by choosing to invest in securities.
We all have different methods in investing that's based on our current demographics. Some like longer shots some like safer bets. But regardless it's all a gamble and even the safe bets like btc can tank permanently.