Bitcoin is Skyrocketing at the moment, so I decided to analyse, what would have happened If we invested 10000$ into Bitcoin 1 Year ago instead of just daytrading it.
In the last 12 Months Bitcoin grew a staggering 472%, which gives us an average weekly growth of 3,41%, so here is a table showing the revenue:
Week Revenue in USD
1 341
2 691
4 1430
As you can See after only 1 month we allready made 1430$. Let`s see how it moves on.
Week Revenue in USD
8 2636.99
16 7073.72
26 13852.52
52 46894,2
After just half a year you have more then doubled you investment and at the end of the year you can get 5 times you initial investment summ out of bitcoin. As you can see: Patience is key.
>>2978213
its about getting more coins, your fiat is worthless trash
you could cut that time by more than half just using margin.
>>2978222
Good luck buying a house with bitcoin
>>2978251
I genuinely have to say, I don't know wether you are really stupid or just really uninformed...
>>2978251
>he doesn't know bitpremier
>>2978251
http://bitcoin-realestate.com/
>>2978251
You know, that bitcoin is a currency, you can just exchange into other currencies?
I hold and then swing trade any major pumps/corrections.
>>2978264
Hope you're kidding
>>2978271
Whoopee, a penthouse in Panama, just what I've always wanted
>>2978276
This anon >>2978222 seemed to imply that caring about the USD value of one's earnings was irrelevant. I'm not saying USD is always the end goal, absolutely BTC is a better long-term investment, but to pretend that the value of BTC relative to fiat is irrelevant is retarded
>>2978289
>Whoopee, a penthouse in Panama, just what I've always wanted
is this sarcasm?
>not wanting a pimped out penthouse in panama with cheap pussy and drugs and no uncle sam to take your internet money
>>2978251
In Italy you can do it
Just bet on the right chain
https://medium.com/@shludvigsen/traders-guide-to-bitcoin-cash-bitcoin-segwit-819933694b34