02/07/19 07:23 UTC-4

BTC purchase brought users a profit of 98.2% of the days since its launch

Investing in BTC since launch
Investing in BTC since launch

Even though over the past few days, Bitcoin has suffered some significant losses, it is worth remembering how well the asset has worked over the years. The latest data suggests that investment in BTC has been profitable 98.2 percent of the days since its launch.


BTC investment benefits

Bitcoin (BTC) was a profitable choice of 98.2% of the days since its creation according to 99bitcoins. Considering 3,830 days ago – until January 4, 2009, one day after hashingHash
(hashing) – a cryptographic term that means changing the input data of different sizes into the original data of a clearly defined size, using a special mathematical algorithm.Details
the Genesis blockGenesis Block
– is a cryptocurrency term used to designate the first block in a blockchain. Thanks to the creation of this block, a new cryptocurrency is being born. Details
– data show that 3,671 days of them were profitable to invest in Bitcoins (BTC). The remaining 69 loss-making days include almost all days in December 2017, on top of Bitcoin's historical growth, when it rose to $20,000, as well as almost all of January 2018.

Interesting in the section: World Mining: overview of the Cloud-Mining Service

Also, unprofitable days were fixed at the end of last month – between June 25 and 29, 2019 – when the coin was tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
between $11,170 and $12,707.

An analysis of the cryptocurrency market, published by docdroid on June 24, indicates that Bitcoin has entered the so-called "hidden phase" of the resumed recovery.

Buying Bitcoin has been profitable 98.2% of the days since its inception. Recall, as of morning, July 2, the cost of the first cryptocurrency has plummeted to $ 9,808. The coin plummeted sharply, dropping more than $1,000 in just 24 hours.

Editor: Yuliya Soroka

See also: "Litecoin and Cardano cryptocurrencies get "excellent" mark in the USA"

#BTC #bitcoin #cryptocurrency #investors #profit



16/08/19 07:00 UTC-4

A Wall Street analyst is confident in the growth of Bitcoin

Yesterday, August 15, a prominent Wall Street analyst and co-founder of Fundstrat Global Advisors financial agency, Tom Lee, said he was confident in the imminent increase in the value of digital gold. According to an interview at Fox Business, by the end of 2019, cryptocurrency could hit a new historic high.

13/08/19 07:49 UTC-4

Ethereum cryptocurrency will be at $1000: survey results

A few days ago, on August 10, Nick Patel, a well-known trader and author of the bestseller about altcoins, conducted a social poll on his Twitter, which concerned the value of the second cryptocurrency by capitalization level – Ethereum. The results showed that more than half of the respondents are sure that the coin rate will be above a thousand US dollars.

31/07/19 05:10 UTC-4

The US Senate held a hearing on regulatory cryptocurrency issues

Following the previous hearings in mid-July, on July 30, the US Senate Banking Committee on the regulatory framework for cryptocurrencies and blockchains held a hearing entitled "Study of the regulatory framework for digital currencies and blockchain."

Fiat money, funds