If you bought Bitcoin 3 months ago, you made no money
For all the hype about NFT riches, crypto speculation, and asset bubbles, it would seem as if many of these over-hyped investments have performed worse than the plain ol' S&P 500 or Nasdaq index fund. The nice thing about large cap growth stocks , especially in tech, is I know I have a good shot at making money over a 3 to 6-month time frame. Even with Covid, stocks came roaring back to make new highs less than a year later. With crypto, who knows.It took Bitcoin 3 years to recover from the 2018 crash, and the next time it crashes, it may never recover, like gold and silver in 1980. I like the certainty of stocks compared to the uncertainty of crypto. 3 comments on Hacker News.
For all the hype about NFT riches, crypto speculation, and asset bubbles, it would seem as if many of these over-hyped investments have performed worse than the plain ol' S&P 500 or Nasdaq index fund. The nice thing about large cap growth stocks , especially in tech, is I know I have a good shot at making money over a 3 to 6-month time frame. Even with Covid, stocks came roaring back to make new highs less than a year later. With crypto, who knows.It took Bitcoin 3 years to recover from the 2018 crash, and the next time it crashes, it may never recover, like gold and silver in 1980. I like the certainty of stocks compared to the uncertainty of crypto.
For all the hype about NFT riches, crypto speculation, and asset bubbles, it would seem as if many of these over-hyped investments have performed worse than the plain ol' S&P 500 or Nasdaq index fund. The nice thing about large cap growth stocks , especially in tech, is I know I have a good shot at making money over a 3 to 6-month time frame. Even with Covid, stocks came roaring back to make new highs less than a year later. With crypto, who knows.It took Bitcoin 3 years to recover from the 2018 crash, and the next time it crashes, it may never recover, like gold and silver in 1980. I like the certainty of stocks compared to the uncertainty of crypto. 3 comments on Hacker News.
For all the hype about NFT riches, crypto speculation, and asset bubbles, it would seem as if many of these over-hyped investments have performed worse than the plain ol' S&P 500 or Nasdaq index fund. The nice thing about large cap growth stocks , especially in tech, is I know I have a good shot at making money over a 3 to 6-month time frame. Even with Covid, stocks came roaring back to make new highs less than a year later. With crypto, who knows.It took Bitcoin 3 years to recover from the 2018 crash, and the next time it crashes, it may never recover, like gold and silver in 1980. I like the certainty of stocks compared to the uncertainty of crypto.
Hacker News story: If you bought Bitcoin 3 months ago, you made no money
![Hacker News story: If you bought Bitcoin 3 months ago, you made no money]()
Reviewed by Tha Kur
on
May 04, 2021
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