Bitcoin’s historical profitability
The graph from Bitcoin Magazine Pro highlights the rapid expansion of Bitcoin’s adoption trajectory, fueled by its capped supply of only 21 million BTC and the soaring demand. Grasping this growth is vital for investors as it illustrates the potential long-term advantages of holding Bitcoin. At the same time, it stresses the significance of being aware of market cycles, as investing during market peaks can result in prolonged downturns, historically ranging from 2-3 years.
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While this data contradicts the prevalent narrative suggesting that Bitcoin poses excessive risk for long-term investors, it rather illustrates the considerable gains associated with long-term Bitcoin investments, proving its role as a dependable store of value.
Starting from August 17, 2010, when Bitcoin was valued at merely For individuals aiming to forecast Bitcoin’s price trajectory, this indicator indicates how Bitcoin’s valuation has surged as it garners global attention. As adoption and interest persist in increasing, the proportion of profitable days is expected to rise and might eventually exceed 99% in the future.
As per data from Bitcoin Magazine Pro, Bitcoin has proven to be profitable 98.5% of its lifespan. This information indicates that out of the past 5,096 days since Bitcoin’s inception, holding BTC has shown profitability for 5,020 days in relation to its current price of about ,500 per BTC.
