[Analysis] Bitcoin has existed for 3,837 days and been a bad investment on only 60 of them - Kyle Torpey

In the long run, Bitcoin's ($BTC) price is volatile in one direction: up. Since the genesis block mining on Jan. 3rd, 2009 through this early July, Bitcoin has been a bad investment only 60 days ever. Of those 60, 48 came during the late 2017/early 2018 crypto bubble. Historically, Bitcoin buyers have enjoyed profit on purchases 98.4% of the time.

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