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❕NEWS Bitcoin is way better than bank stock options

Lopmast

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The point there isbt
Bitcoin is the asset of the decade according to many people and this can be seen in the rise in price of this coin over the last few years, which has resulted in there being massive profits to be made for those that did have the courage and the determination to hold the coin despite the price fluctuations. In fact a recent analysis was conducted in order to compare the bitcoin price growth to that of the stocks of some of the major banks, finding that the 5 year return was found to be much higher with bitcoin, with more than 4000 percent increase in bitcoin compared to the stocks. What are your thoughts on this?
[/QUOTE
The point there is for any potential to have the determination and courage to hold the coin despite any fluctuation in the market because the price would usually go higher that it is when you buy the coin
 

Lopmast

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Sorry it's a typo.
The point here is that it might not be so encouraging at first when you invest in crypto and you see the price going down but with strong will and determination to hold the currency, profit is certain because the price will usually move higher than where it was when purchase was made
 

AudraMiller

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Sorry it's a typo.
The point here is that it might not be so encouraging at first when you invest in crypto and you see the price going down but with strong will and determination to hold the currency, profit is certain because the price will usually move higher than where it was when purchase was made
That is the problem that many people seem to have when it comes to cryptocurrency because there is a rapid decline in price at some point. However you have to wait it out until you find the bull market. That is where you get your profit.
 

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That is the problem that many people seem to have when it comes to cryptocurrency because there is a rapid decline in price at some point. However you have to wait it out until you find the bull market. That is where you get your profit.
Waiting to find the bill market is just the point. A lot of people invest the little they have and expect a rapid return but ended up getting discouraged because it's taking more time to earn profits than they expected and they quickly sell of their coins for less out of fear
 

AudraMiller

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Waiting to find the bill market is just the point. A lot of people invest the little they have and expect a rapid return but ended up getting discouraged because it's taking more time to earn profits than they expected and they quickly sell of their coins for less out of fear
I did that once when i had started out with crypto and i ended up investing in a dying coin so it was a massive loss on my part. I have since learnt from that and now i am much more careful.
 

btaliat

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No one can compare the volatility of bitcoin with that of stock. It is easier to break fortune overnight through bitcoin compare to stock. Besides, I don't really like anything centralized by the government.
 

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