Bitcoin is for Suckers - Fight Me
Companies, agencies, institutions, etc
CCN
Bitcoin
the Grayscale Bitcoin Investment Trust
Grayscale’s Bitcoin
BTC
|
Breitbart.com
Investorplace
WyattResearch
LearnBonds
Lifezette.com
U.S. News & World Report
The New York Observer
Contact & About Our Ethical Code Privacy Policy Terms & Conditions AdvertiseCCN
US Markets
Cryptocurrencies
People
gambling).Bitcoin
|
matter?We
Nathaniel Popper
Lawrence Meyers
Josiah Wilmoth.tips
Groups
No matching tags
Physical locations
No matching tags
Places
No matching tags
Locations
Las Vegas
risk?The
TownHall.com
Events
No matching tags
Summary
That means that, in any given year, Grayscale’s Bitcoin fund has a 95 percent chance of returning between negative ~100 percent and +222 percent.In any given year, you have a 95 percent probability of a return that could run the gamut from tripling the value of your Bitcoin investment to more or less losing it all.Compare that to the likelihood of only an 11 percent loss in the stock market from year to year, with the possibility of a 34 percent return.A person is better off going to Las Vegas and gambling the same amount they’d otherwise put into Bitcoin, or any other cryptocurrency, at the craps table.
As said here by Lawrence Meyers