The original post: /r/cryptocurrency by /u/33nmakkie on 2024-12-28 14:05:39.
If you invested in BTC at the top of 2021 bull market or on the same day in the Nasdaq 100 ETF
You would on BTC top of 2024 or 108K had the same profits with BTC than with Nasdaq 100 on that day.
If you invested in BTC at the top of 2021 bull market or on the same day in the SP500 index ETF
You would now on 28dec 2024 have the same profits with BTC then with SP500 ETF
If you invested in BTC at the top of 2021 bull market or on the same day bought GOLD
You would now on 28dec 2024 have the same profits with BTC then with GOLD
If you invested in BTC at the top of 2021 bull market or on the same day bought a basket of the top ALTCOINS
You would now on 28dec 2024 have at least 50% less money than if you invested in BTC on that day.
CONCLUSION:
If dec 2024 was the top, then why invest in technology and risking a higher loss in a bear markets versus investing in GOLD.
Higher risk by investing in technology always have higher returns in a bull market versus GOLD = inflation gains.
= dec 2024 could not be the top for ALTCOINS yet in this bull market.