{"id":384413,"date":"2019-05-31T01:01:56","date_gmt":"2019-05-31T01:01:56","guid":{"rendered":"https:\/\/wncen.com\/?p=384413"},"modified":"2024-06-11T13:43:36","modified_gmt":"2024-06-11T13:43:36","slug":"only-3-months-exist-where-buying-bitcoin-resulted-in-losses","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/only-3-months-exist-where-buying-bitcoin-resulted-in-losses\/","title":{"rendered":"Only 3 Months Exist Where Buying Bitcoin Resulted in Losses"},"content":{"rendered":"
Bitcoin<\/a> was created in the wake of the global financial crisis and great recession, by the mysterious Satoshi Nakamoto,<\/a> seeking to empower humanity with control over their own money \u2013 something that fiat currencies cannot provide due to their centralized control by governments.<\/p>\n In the 125 months that Bitcoin has been around, buying the first ever crypto asset at any point during those 125 months \u2013 except for three specific months \u2013 would have resulted in a the investment being a profitable one. And since its inception, it’s brought investors over 194 million percent returns, and has been among the best performing assets ever created<\/a>.<\/p>\n There’s no denying Bitcoin’s ability to bring investors incredible returns<\/a> and wealth. Those who invested in the emerging technology have been rewarded handsomely for their forward-thinking.<\/p>\n In the 125 months that Bitcoin has existed, buying and holding Bitcoin in only three of those 125 months would have resulted in losses. Outside of those three months, buying Bitcoin at any time during 122 of those 125 months would have generated profits for the holder of the digital asset.<\/p>\n Bitcoin is 125 months old..<\/p>\n If you bought $BTC<\/a> in 122 of those months & then held you\u2019re in the profit.<\/p>\n — Birch (@BitcoinBirch) May 30, 2019<\/a><\/p><\/blockquote>\nOut of 125 Months, 122 Of Them Brought Crypto Investors Profits<\/h2>\n
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