The investment in mainstream currency is the most favorable investment method for ordinary investors.

“The people who work all day have no time to make money.” – Robert Kiyosaki, Rich Dad, Poor Dad

Article introduction:

1. Profit probability of buying BTC at any point in time

2. The profit probability of buying Ethereum at any time

3. Profit probability of buying Litecoin at any time

4. Constant investment in mainstream currency is the most favorable investment method for ordinary investors.

1. Buy BTC's profit probability at any time

The BTC was launched on January 3, 2009. As of July 6, 2019, in its 3,837 days, Bitcoin was invested at any time, and only 60 days was unprofitable. In other words, those who buy BTC on any given day and hold the currency until July 6 are 98.4% of the time.

BTC buyers are still profitable for 96.7% of the days if they only counted the past five years, when BTC-related information became more widely known and BTC transactions were more frequent.

2. Buy the profit probability of Ethereum at any time

This data is really shocking. After reading this data, I curiously made a statistic for Ethereum, as shown in the following figure:

The picture above is the price chart of the Ethereum I got from coinmarketcap from August 7, 2015 to July 10, 2019 for a total of 1434 days.

In this chart, the green line is the dollar price of Ethereum. On July 10, 2019, the price of Ethereum was $310, so I used this price as a standard to draw a horizontal red line. The red line is the time period that exceeds this price, and the red line is the time period below this price.

After statistics, the number of days with a price exceeding $310 is 300 days, which means that more than 79% of the time investors buy Ethereum held until July 10 is profitable.

3. The profit probability of buying Litecoin at any time

Although Ethereum is the second most popular digital currency, the time to market is not long, so the data is not enough to explain the problem. Then let's look at another "male" Litecoin that is almost identical to Bitcoin and has a long-standing status.

Pictured above is the price chart of the Litecoin price I obtained from coinmarketcap for a total of 2264 days from April 29, 2013 to July 10, 2019.

In this chart, the green line is the dollar price of the Litecoin. On July 10, 2019, the price of Litecoin was $118, so I used this price as a standard to draw a horizontal red line. The red line is the time period that exceeds this price, and the red line is the time period below this price.

According to statistics, the number of days with a price of more than 118 US dollars is 197 days, which means that more than 91% of the time investors buy Litecoin holds until July 10 is profitable.

4. Constant investment in mainstream currency is the most favorable investment method for ordinary investors.

Among the above selected currencies, Bitcoin and Litecoin are old-fashioned currencies, and Ethereum is a new currency. They have been listed for a long time, but they are very popular in the mainstream currency.

Their data are unmistakably telling us that in the digital currency field, long-term holdings and constant investment in mainstream currencies can make ordinary investors profit with great probability.

Moreover, we can further observe the chart of Ethereum and Litecoin. We also found that in the madness period of the bull market, even if we missed the opportunity to sell, as long as we ensure that we are not enthusiastic to buy, our profit probability will be significantly improved again.

I hope that these statistics will make it easier for ordinary investors to know what is the most favorable investment method for us in the digital currency field.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

SBF trial imminent, let's see what legal experts have to say

Source Coindesk Translator LianGuaiBitpushNews Mary Liu FTX founder and former CEO Sam Bankman-Fried (SBF) will be in...

Blockchain

Korean or Korean? Bittrex Dreams New York

In June 2015, the New York Financial Services Department (NYDFS) became the first pioneer to develop a regulatory fra...

Market

Fortune Magazine From ambitious to defensive, what twists and turns has the crypto queen Katie Haun experienced?

Cryptocurrencies may experience cyclical fluctuations, but this time the trough is much steeper than investors expect...

Blockchain

On the line in March, the daily trading volume broke through 100 million, and the FTX exchange that turned out to be so hot is so hot?

The huge potential of the derivatives market is beyond doubt. Mark Lamb, CEO of CoinFLEX, recently predicted that by ...

Blockchain

After carrying a huge debt and shutting down TradeBlock, the former crypto empire DCG is now struggling for survival with one arm.

As the liquidity crisis in encryption erupted, the market declined, and the previous blind expansion and investment h...

Market

The short-lived boom is hard to sustain, the second major crash after FTX is on its way.

Macro recession, will it make crypto become a safe haven asset, or will it collapse the entire crypto world? Original...