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Bitcoin is a severely underperforming for the hype it gets
Bitcoin is $76k today April 8, 2025, just 10% above the $69k it hit in the 2nd week of Nov 2021 after the stupendous underperformance of the 2021 cycle. So if you bought 1 BTC 4 years back, you pretty much lost money taking into account inflation! Not to forget the stress you have to undergo during the 40% dips nearly every year. After withstanding all these, you still lose money on average days not taking into account a few days when the price is above the moving average. I understand that everyone who bought before the 2017 made money, but how about people who bought after March 2021? Forget the short term traders, if even the holdlers don't get rewarded, how is this the most promising asset class of the future? submitted by /u/zuperman [link] [comments]
Bitcoin is $76k today April 8, 2025, just 10% above the $69k it hit in the 2nd week of Nov 2021 after the stupendous underperformance of the 2021 cycle.
So if you bought 1 BTC 4 years back, you pretty much lost money taking into account inflation! Not to forget the stress you have to undergo during the 40% dips nearly every year. After withstanding all these, you still lose money on average days not taking into account a few days when the price is above the moving average.
I understand that everyone who bought before the 2017 made money, but how about people who bought after March 2021? Forget the short term traders, if even the holdlers don't get rewarded, how is this the most promising asset class of the future?
[link] [comments]
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