Nocoiners love to say bitcoin is still down from its ATH of $20k. Bitcoin is not like the S&P 500 though. Bitcoin didn’t linger within 10% of its ATH for months. It was near $20k for hours. Out of 10.5 YEARS, there are only 52 DAYS you could’ve bought bitcoin & be down today.
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me waiting for an annual miner total $$ compensation vs average annual market cap chart from Nic to write an article about the security budgetpic.twitter.com/tURpfHh5IB
Thanks. Twitter will use this to make your timeline better. UndoUndo
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X axis is the date you buy 2% of BTC and hold it until today. Y is annualized return. CDI is Brazilian risk free interest rate. If you buy in any random moment, on average, you get 8% over the risk free rate, risking only 2% of the portfolio.https://twitter.com/brenorb/status/1151486849392795648?s=19 …
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There's also the animationhttps://twitter.com/brenorb/status/1157830474842157056?s=19 …
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