Infographic: how much would an investment in Bitcoin in 2011?
Source:
Imagine that you previously did not dare to invest in Bitcoin. Now, this idea seems absurd, as the cryptocurrency brings to its investors huge losses for almost a year. While the future of Bitcoin looks misty — financial regulators are hesitant to fully recognize digital assets, and to their full adoption worldwide is still very far away.
What to do? Founder of Edelman Financial Services RIC Edelman says that those who invest their money in the crypt must always be ready to complete loss of their funds. However, in the long term, cryptocurrency is always profitable.
theShould only have to wait
Remember where Bitcoin was January 1, 2011? Now this is not so important. Much more of interest to the layman are generating huge profits to those who holdit coin for almost seven years. The exhaust from hogla really good — as many as 428 022 percent. For comparison, an investment in the S&P 500 in January 2011 now would bring only 157 percent of the profits taking into account reinvestment of dividends.
Remember where Bitcoin was 1 January 2018? At this moment, «the later investors» rises nausea — cryptocurrency already ate 68% of their investments! Professor, Fuqua school of business Campbell Harvey compares the worst year of Bitcoin with the fall of the Dow Jones index to 4,000 points. Harvey has also published an interesting comparison of the volatility of the crypts and the more traditional assets.
image Source — CNBC
People were buying Bitcoin for 19 000 dollars last year. Now they are afraid to buy Bitcoin for $ 4,000.
It is Not necessary to invest only in the hope space profits. However, now is the time to pick up bitcoin on the exchange at a discount, after all, more such opportunities may not be, he said.
image Source — CNBC
Our Subscribers are the first to know about bullrun. Join them!
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
On the street in December. A year ago Bitcoin was already flying towards record heights, but this time stuck at the level of $ 4,000. The subsidence rate has affected the industry as a whole, Hasrat networks of cryptocurrencies co...
Bitcoin SV — record for growth. Whether to continue the uptrend next week?
Since the Cash was more than two weeks, so it is now possible to outline the future movement formed forks of Bitcoin and Bitcoin ABC SV. While both coins managed to gain enough capitalization to get into the top 10 cryptocurrencie...
Zero perspectives: a new study has put an end to the success blockchain solutions
a Team of experts from the us Agency for international development USAID reviewed 43 example of technology implementation of a distributed registry (DLT) in the industry. The study covered various projects whose clients were non-g...
Bitmain launches scriptindex for investors in 17 assets. Why is it needed?
Chinese manufacturer of mining equipment has launched its own cryptocurrency index. The company plans to provide market data for 17 of the largest digital assets in relation to market capitalization. About this manufacturer announ...
Growth will not be: the head of the SEC refuses to approve an ETF on the crypt
the Head of SEC J. Clayton said that the cryptocurrency exchange lacks transparency, therefore, the adoption of the cryptocurrency will not happen soon. Representatives of the Commission on securities and stock exchanges of the US...
Profit to be: Intel patented technology effective Bitcoin mining
mining still dominates the minds of people of its potential profitability. The trend has even succumbed to the leadership of Intel, which is now actively working to increase the efficiency of production of coins. According to the ...
Confirmed: November was the worst month for Bitcoin over the past seven years
Yesterday ended the worst month for Bitcoin over the past seven years. November 2018 brought the most losses to investors in the cryptocurrency. Recall, November 1, Bitcoin traded at 6341 dollar (the average price on the largest e...
The price pattern of Bitcoin is similar to the previous cycles. The New year will be bullrun?
With the largest collapse in mid-November, it's been a few weeks. What forecasts of prices we haven't seen during this time. showed that the coin still acts as a litmus test for the rest of the stock market and all other currencie...
Kriptosistem note: five main reasons hadlich Binance Coin (BNB)
2018 was very difficult for hontarov. While talking about something in terms of the red market is a very difficult question that worries many is whether still hudlite after these months. Maybe we have reached the bottom. Maybe not...
Ledger's Nano now supports Monero. Waiting for growth?
Now the Monero holders can feel more confident their coins are safe on the hardware wallet Ledger Nano S. As reported in Cointelegraph, the team Ledger expressed support XMR in the official press release. We will remind, earlier i...
Blockchain the phone from Sirin Labs for $ 999 is now ready. What surprised device?
Smartphone Finney, which began at the peak of the cryptocurrency boom, will go on sale in late December. Company Sirin Labs has introduced the final version of the design of the gadget at the event in Barcelona. The creators of th...
Dominicis: the Russians got a suspended sentence for triptorelin state servers
City court of Kurgan hacker sentenced to two years of conditional imprisonment for mining bitcoins at the expense of the servers of the government agencies and private companies. Zloumyshlenniki hacked the websites of state instit...
The Chairman of the NYSE supported the Bitcoin, despite the bear market
this week, the Bitcoin has received the support of one of the most important figures on wall street. The Chairman of the new York stock exchange and CEO of its parent company ICE Jeff Sprecher contrary to current headlines about t...
Zcash for dalistyle on Coinbase. Coin grew by 15 percent
on Thursday, the platform announced that users can send the zcash for your account at Coinbase Pro. However, while traders are not able to buy or sell the coin to ensure the desired level of liquidity. Deposits will be accepted zc...
Chief economist at Allianz: cryptocurrencies will beat the bears, but will not detract from Fiat
Cryptocurrencies will survive the current mass sale because this technology is with us for a long time. But soon they will not be able to outshine Fiat currency. This is the opinion of the chief economist of Allianz Mohamed El-Ari...
Satoshi is alive? In the developer profile Bitcoin there is a new message
Satoshi Nakamoto, the Creator of the Bitcoin (if you don't know), again showing signs of life. On the eve of the profile Nakamoto, the network appeared in a short message «nour». Is he the man? Cryptoexpert divided into ...
The Ministry of Finance of the Russian Federation explained how to pay taxes with cryptocurrencies
the crypto currencies yet are not mentioned in any law of the Russian Federation, with officials already want to introduce taxation for cryptoendoliths. Due to multiple gaps in the laws to determine the order of payment of taxes d...
In Kaliningrad sold non-existent graphics card. The scheme disclosed
the Demand for mining hardware is falling, but the market is still full of wanting to buy cheap asik and GPU-farm. This is actively used by scammers and earn not very experienced citizens. Until recently, their customers were dece...
Comments (0)
This article has no comment, be the first!