Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the best assset in investment return 8 years in last 11 years
by
pakhitheboss
on 13/06/2024, 11:03:33 UTC
The graphics from the article clearly shows this fact. It's very impressive that Bitcoin is a best investment asset in most of last 11 years from 2013 to 2023, it appears on the top in 8 years. With 3 years it does not appear on top of the list, we can see these years are bearish years for Bitcoin market.

There is no denying that Bitcoin has now become the biggest asset anyone can own in 2024. 2013 to 2017 was a time when Bitcoin was not widely regarded as a mainstream asset. Since the approval of Bitcoin ETF, it now competes directly with Gold ETF. This is reminiscent of a time when Bitcoin was frequently compared to Gold in the mainstream media. However, now Bitcoin is getting more attention than any other asset it used to be before. There is awareness and then their is the need to secure oneself by anyone in those countries where Bitcoin has already started mass adoption.



How is the 21 million bitcoin cap defined and enforced can help new Bitcoin investors to understand about Bitcoin total supply, new supply in future till 2104, and have more proper investment strategy from purchase to take profit.

I agree a proper investment strategy will always help anyone interested in Bitcoin. In my country, we always had an option known as SIP (Systematic Investment plan) from 2021 that was being promoted by our local exchanges to invest in Bitcoin. It was later known as DCA in dollar terms and I am aware a lot of small investors used to invest in SIP till the government came up with a new tax regulation for investing in Bitcoin and altcoins.