Bitcoin is always known for its great effects, in 2017. But when is the right time for bitcoin to buy one? From a study of the Blockchaincenter it appears that the bitcoin for 64 per cent of the days in a profitable way, since it’s the beginning of 2017.
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There were only two periods in the loss
In other words, bitcoin is almost two-thirds of the day in the positive since march of 2017. In general, there are two periods of time in which you had to buy it. At the very least, if you take the course as a starting point:
If you bought it in november or december of 2017, in bitcoin, then you are still in the negative. From november through to december 2017, was it hard. The share price has increased by over 5,500 euros at the peak of 16.600 euros in a few weeks time!!! The price is now lower than in that period of time.
Also, if you have a lot of days, and after may 15, 2019 at a loss. That’s because the bitcoin price is in a downward trend in fails since the 26th of June, 2019 at the latest.
In all other periods, profit
In all other cases, you are now in profit. No matter how high that income is, it depends on when you bought it. If you bought it on January 1, 2017, in bitcoin? You now have 593 percent gain. And if you bought it on the 27th of december 2019 at the latest, then you can have 1% profit (every little helps).
Another good indicator is the Return on Investment (ROI) over a long period of time. According to figures published by the Breaking News to you, over the long-term gain. Here you can see the rate of return on an investment in bitcoin, measured at three different times:
The other cryptomunten do a lot worse
64 per cent of the time, it might sound like a gamble, but the price of a bitcoin does a better job than those in any other cryptomunten. The Absolute loser is the Zcash, which is the currency in just a single percent of that in the days after 2017 to be profitable. Also, the Dash is coming clean from the off, with a six per cent profitable days-since the start of 2017.