Forex and Crypto News

How long does it take to get 100% profit from Bitcoin?

18:11 10 September /2019

How long does it take to receive income from Bitcoins? Such a question is asked by almost every investor who is going to buy Bitcoin or has just done it.

On Twitter, Bitcoin Economics claims that if you want to get 100% profit from Bitcoin, you will have to keep it for almost 3 years, namely 1,135 days. If you think this is a very long time, look at the S & P500. To get 100% of the S & P500, you need to wait 23 years. Feel the difference?

Where does this data come from? The analyst made this conclusion by analyzing the rise in the price of Bitcoin to $ 1,150 in 2013. Everyone who bought Bitcoin at $ 1,150 then came across a decline. And they had to wait until 2017 to cover their losses and earn.

Here is a detailed diagram of how many days you had to wait in order not only to return the investment but also to make a profit.

1 day: 50%

35 days: 60%

110 days: 70%

317 days: 75%

461 days: 80%

663 days: 90%

1335 days: 100%

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ICO projects sold 400,000 ETH during November

During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.

According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov

12:01 17 December /2018