{"id":370780,"date":"2019-02-08T13:00:25","date_gmt":"2019-02-08T13:00:25","guid":{"rendered":"https:\/\/uniquehot.com\/?p=370780"},"modified":"2024-06-11T07:44:20","modified_gmt":"2024-06-11T07:44:20","slug":"bitcoin-hasnt-performed-well-in-2018-but-analysts-say-its-just-fine-to-hold-btc","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-hasnt-performed-well-in-2018-but-analysts-say-its-just-fine-to-hold-btc\/","title":{"rendered":"Bitcoin Hasn’t Performed Well in 2018 But Analysts Say It’s Just Fine to Hold BTC"},"content":{"rendered":"
The performance of Bitcoin (BTC) over 2018 hasn’t been pretty \u2014 that goes without saying. Yet, taking a step back, many optimists would argue that it is more than apparent that crypto assets are doing just fine. Case in point, the asset ran from sub-$0.01 to an all-time high of $20,000 in a decades’ time, outperforming any other investment opportunity that has existed, ever.<\/p>\n
And while prospects look dismal for Bitcoin’s remaining holders, believed to be few and far between, some claim that copious upside might just be inbound.<\/p>\n
A common criticism thrown at BTC believers is that “it’s risky.” According to the data seen through the eyes of crypto researcher PlanB, from a long-term perspective, the cryptocurrency is far from. In a recent Twitter thread that garnered the attention of Anthony Pompliano, PlanB explained that a 1% BTC and 99% cash portfolio beat the performance of the S&P 500 over the last ten years.<\/p>\n
\nHolding 99% cash and 1% Bitcoin over the last 10 years was a better investment than investing in the greatest stock market bull run in history.<\/p>\n
Crypto will outperform stocks for next 10 years too. https:\/\/t.co\/KPVr4ymN4X<\/a><\/p>\n
— Pomp \ud83c\udf2a (@APompliano) February 3, 2019<\/a><\/p><\/blockquote>\n