March 14, 2022
This is a complete HODL (hold on for dear life) analysis of the bitcoin graph from 2010-2022.
The green area represents the "positive returns" and the red represents the "negative returns."
Bitcoin was first used by Laszlo Hanyecz on May 22, 2010. He brought two Papa John’s pizzas for 10,000 BTC. Bitcoin was created by Satoshi Nakamoto in 2009.
Bitcoin stock2FOMO hyperbolic model: Another analysis states that within our lifetimes Bitcoin will dematerialize all fiat and value itself. Everything there is and ever will be divided by 21 million.
Slow and steady wins the race! The real winners are the long term HODLers. According to the graph, only 0.8% of 3-year HODLers have ever had negative returns.
Are you tempted to invest in the BTC market?
Bitcoin started at $46,657.53 in 2022. The price prediction indicates that Bitcoin will reach $50,000 by 2023.
Slow and steady wins the race!