Many beginners make the mistake of believing that they cannot achieve substantial gains with Bitcoin.
And they prefer to focus on very risky assets like derivatives, low cap altcoins, memecoins, or predictive markets, etc.
The chart below is a simulation of a daily purchase of $1 of $BTC over the last five years.
It is noted that a simple purchase of $1 per day would have produced a profit of over 82% of the total amount invested, which is around $1,479 in gains for $1,803 invested. And this at the current price of bitcoin, that is to say despite the market being in a bearish phase.
Without trading.
Without technical analysis.
Without spending hours on charts.
In other words, someone who simply set up a recurring purchase and topped up their account… would have performed well in the long term without much hassle.
Meanwhile, statistics show that more than 70% to 80% of traders are not profitable. People spend an enormous amount of time analyzing, trading, looking for the next x10… but in the long term, very few actually succeed (the statistics say so).
Conversely:
• someone who simply buys Bitcoin every day
• without pressure, without emotion
• with discipline
… gradually builds a solid capital.
So instead of chasing quick gains on very risky assets, where the probability of success is low and where many lose money, it may be wiser to allocate the majority of your capital to something simple yet effective.
Think about it.
And they prefer to focus on very risky assets like derivatives, low cap altcoins, memecoins, or predictive markets, etc.
The chart below is a simulation of a daily purchase of $1 of $BTC over the last five years.
It is noted that a simple purchase of $1 per day would have produced a profit of over 82% of the total amount invested, which is around $1,479 in gains for $1,803 invested. And this at the current price of bitcoin, that is to say despite the market being in a bearish phase.
Without trading.
Without technical analysis.
Without spending hours on charts.
In other words, someone who simply set up a recurring purchase and topped up their account… would have performed well in the long term without much hassle.
Meanwhile, statistics show that more than 70% to 80% of traders are not profitable. People spend an enormous amount of time analyzing, trading, looking for the next x10… but in the long term, very few actually succeed (the statistics say so).
Conversely:
• someone who simply buys Bitcoin every day
• without pressure, without emotion
• with discipline
… gradually builds a solid capital.
So instead of chasing quick gains on very risky assets, where the probability of success is low and where many lose money, it may be wiser to allocate the majority of your capital to something simple yet effective.
Think about it.