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Well that's a given knowing that the price went down drastically. That's like saying that the vast majority of those who invested in a market that just crashed
by xutopia 4y ago
Well that's a given knowing that the price went down drastically. That's like saying that the vast majority of those who invested in a market that just crashed lost money.
- throwup 4y agoYep, this factoid goes in cycles just like the price. If anyone is interested in diving deeper, the indicator to look at is called MVRV (Market Value to Realized Value). During time periods when it's less than 1, the average investor is carrying a loss, and > 1 means carrying a profit. Historically every halving it has spent some time below 1, and this time around we're right on schedule. https://charts.woobull.com/bitcoin-mvrv-ratio/ https://charts.woobull.com/bitcoin-mvrv-ratio/
- harimau777 4y agoIs that true of other investments? My understanding is that someone who invests regularly in the stock market is likely ahead over a long period of time even if the market just crashed.
- bitlax 4y agoBut that's true of Bitcoin as well.
- MisterSandman 4y agoIt literally isn't.
- xutopia 4y agoIt actually is. You can see it here against other types of assets: https://dcabtc.com https://dcabtc.com Over a 3 year period... 10$ a month and BTC actually comes up ahead of many other forms of investments.
- cypress66 4y agoAssuming this is correct https://www.bitcoindollarcostaverage.com/ https://www.bitcoindollarcostaverage.com/ You would be up 60% if you DCAd for 5 years.