4D·

464 times "Bitcoin is dead"

Bitcoin has been declared dead 464 times by experts.

Mind game (pure math, no opinion):

Invested $100 after every "Bitcoin is dead" article.

Result:

Declarations of death: 464
Total investment: 46,400 $
Portfolio today: ~71.5 million $ 😂

Line diagram

X-axis: Number of "BTC is dead" articles
Y-axis: portfolio value
→ steadily rising, with short setbacks

Conclusion:

Bitcoin had hundreds of alleged endings.

None of them was the end of its performance.

$BTC (+1.62%)
$ETH (+1.81%)
$SOL (+4.23%)
$MSTR (+9.12%)
$3350 (+4.96%)

#crypto
#growth
#blockchain

9 Comments

Dividendenopi👴@Dividendenopi

For me, $BTC is dead forever. I would like to thank everyone, especially @stefan_21, who patiently tried to explain this asset to me. I have looked into it more intensively, it still doesn't feel good to ME today. I may be too old and too conservative in my thinking, I may be missing THE opportunity. I have to live with that, and I can. I wish everyone else $BTC a million or more at some point and at least a financially carefree life. Of course, I'll continue to follow the whole thing with great interest and completely unemotionally.

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KoenigsRasse@KoenigsRasse

@Dividendenopi Oh, if only everyone were like that, but the reality is usually like that. You feel like you're on a witch hunt because you're convinced of Bitcoin. You have to be able to deal with volatility and if you tell yourself that you can't cope with it, it's accepted with respect.
I also only have a crypto holding of around 20%. I can live with that. But my secret love is also dividends and growth stocks 😉

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TradingHase@TradingHase

@Dividendenopi That's right, only do what you feel comfortable with. That's what I realized for myself after a while. 👍🏼

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Play R.@Playrio

@Dividendenopi I am a very conservative investor (ETF all the way) but still hold around 2% Bitcoin and Ethereum. That doesn't hurt me, but I'm still in it somehow. I sleep well with it and it's a bit more fun to watch😉 I'm 50, so I'm not completely fresh either🙃

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Jakob C.@Creutzfeldt_Jakob

13H

@Playrio From my point of view, a 2% share is relatively pointless, but I understand your approach, and I did something similar recently - just to at least be involved. I have since liquidated my remaining BTC and ETH holdings and shifted them into gold/silver. As always, only time will tell whether it was good or lucrative. But it feels better for me because it's more relaxed. BTC would have to rise to 1 million for me to experience a noticeable increase in value with a crypto share of 2-3% - and I'm pretty sure that's not going to happen.

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Play R.@Playrio

12H

@Creutzfeldt_Jakob It's just a question of what value is behind 1-2 % of assets. For me, that's a sum that would be "fun" if it doubled. So in my eyes it's not necessarily pointless.

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Jakob C.@Creutzfeldt_Jakob

12H

@Playrio In the same time, however, an Amazon share might double, etc., something with - I know, now the critics are coming - real added value, i.e. real value behind it. That's what was meant. Doubling is always nice, no question. But I can achieve it with different risk/reward ratios.
Of course, everyone decides for themselves 😅

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Susanne@Isus01010

I think Bitcoin has undergone a development from a potential means of payment to a pure store of value. As a means of payment, however, it has become very unwieldy. I mean, this denomination of 0.0000x something is really unwieldy. I've thought about it a few times. But I've always decided against it.

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mkaps@mkaps

Crypto could become something valuable and easy chain-traceable for complex transaction. But it became a ponzy scheme. Sort of gold replacement and ultimate speculation scheme based on emotions and all sort of theories. For me current state of crypto is dead.

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