Many pundits, shills and idiots will tell you that bitcoin is bad and it has no future, or that it's a ponzi scheme or worse. The truth is, these guys are either complete nuts or are deliberately evil and don't want you to earn money. Despite bitcoin's volatility and periodic price drops, it is still the nr. 1 long term investment out there, regardless of what your investment advisor is saying.
Stocks are a joke, the S&P 500 returns are barely covering inflation, and in some sense they are even lower than inflation, if you believe that inflation currently is at 5-7% (which there is plenty of evidence http://shadowstats.com/ )
Here are the S&P 500 yearly yields since the inception of BTC:
Little over 114%, which is good but not satisfactory when you see the FED printing trillions of $, and your health insurance costs going through the roof. How will you pay for that if your only make a lousy 114%?
The answer is Bitcoin:
With bitcoin, you would have made 123% in just 1 year!
You don't have to risk your money in crappy stocks for 7 years, just put it in bitcoin for 1 year and be amazed. Not to mention if you stick with bitcoin, over 5 years, you make 6017% ROI, that is amazing isn't it?
So no matter what, don't succumb to shills and scammers, use your own judgement ,and see that bitcoin is the real investment, not lousy paper stocks.
Yes one never wants all his / her eggs in one basket not all btc and not all stocks not all metals , etc ,I agree some of one's investment should be in btc and also some in steemPower for sure
Yes that is true, however investing by topic, bitcoin is far better than the stock market. Steem is really innovative and needs exploring too, and I will write an article about that too, stay tuned!
Interesting article. Same mindset here. The future is in blockchain. Crypto prices might be inflated now but the market will find it's way just like it did with the Internet boom. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). Personally I always use: https://www.coincheckup.com This site did all the research for you. It's truly amazing. Check for example: https://www.coincheckup.com/coins/Bitcoin#analysis To watch Bitcoin Research report.