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
- When Veil, which had been invested by Sequoia and other institutions, was out of service, did DeFi encounter the first Waterloo?
- QKL123 Quotes | After another wave of waterfalls, where is the stage bottom? (0712)
- Bitcoin out of the cross star, the fall relay or reverse the rebound?
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!
Was this article helpful?
93 out of 132 found this helpful
Related articles
- Babbitt column | Libra is coming, what kind of storm will the stable currency market set off?
- MakerDAO 4D Depth Report: The Value Analysis and Enlightenment of Ethereum's Largest Stable Coin
- Ethereum USDT additional flow analysis: the third increase of 100 million, 28 hours finished?
- The currency security gives up 80 million BNB team share, is it really good?
- Which block of platform application is strong? Ali is the first, Thunder, peace and follow
- Viewpoint | Libra needs to go a long way to become a currency
- When does the altcoin catch up with Bitcoin? Not far away