Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the most profitable investment year to date.
by
WatChe
on 18/11/2024, 06:38:49 UTC
https://beincrypto.com/bitcoin-best-performing-asset-2024/

With that information we see above, it shows that Bitcoin has had a very positive year, and the year isn’t even over yet. If it hits a new ATH by the end of the year, that percentage of profit will increase significantly. We should definitely believe in investing in Bitcoin since it's backed by data.

If there are people we want to convince to invest but who are still doubtful, we can point them to this thread. They can ask questions, and we’re ready to share facts with them.

doge crushes btc in the Jan 1 to Nov 17 date.

8.9 cents is now 36.6 cents which is 4x

btc was 44.1k now 90.5k about 2x

so 1000usd in doge is  now 4000usd

and 1000usd in btc is now 2000
[/quote]

If we do comparisons like that then there might be different coins that have dominated Bitcoin over a specific period of time. Crypto is a market that is very much Bitcoin centric and these alts only go up when Bitcoin go up and vice versa. Alts are for short term, as new alts keep coming up every week or month. It's best to invest in alts for short duration and exit when you are getting good profit. Bitcoin is for those who can wait for long. There are people in my circle who have bought BTC under 30k and still hodling for 100k$. They are very much sure that Bitcoin will soon hit 100k, there might not be many who are that much sure for alts.