I looked at a straight 5-year buy and-hold comparison over that period Bitcoin is up about 70%, while the S&P 500 is up roughly 85%. Same timeframe.. no trading, no timing the market, just holding…
Bitcoin had huge swings, long drawdowns, and plenty of moments where you’d be questioning your sanity. However, the S&P 500, on the other hand kept moving higher in a fairly boring way that’s backed by real companies making real money… not saying Bitcoin is or was completely useless or that it can’t pump again. But when people talk about it like it’s an obvious long-term store of value I don’t really see it here?. You took on way more volatility and uncertainty, and still ended up with a lower return than a basic index fund!
So yeah, if you zoom out far enough, you do learn something.. just maybe not what the Bitcoin crowd thinks. Sometimes boring compounding backed by actual businesses beats hype and speculation over the long run.
https://i.redd.it/7zusooviathg1.jpeg
Posted by Groundbreaking-Gap20
3 Comments
It took the AI boom to barely beat bitcoin in its worst five year span. Think about it
the “real money” you refer to, is still the printed money you use to calculate it all, aside from that, OG Bitcoin has a goal in mind, Bitcoin BTC, left that goal a long time ago (yes at least 9-10 years now (depending on who you ask).
No no no. You did it all wrong. You need to zoom out further for their logic to apply. S&P 500 did not start at 0 in 2010. So thats where you need to start.