What to invest in right now?

I don't think that's what the chart is saying either.

Market peaks often in draw in bag holders, so a disproportionate number of people buy at or near peaks, not distributed equally over time.

 

This is not correct either.

 

Yes it is.

 

You may be correct that it was what the poster meant. If so, what the poster meant, was just as incorrect as what they actually wrote.

Perhaps an example as to why both statements could easily be incorrect might help;

Bitcoin starts at $50 and rises $1 per day for 99 days equalling $149 and then drops $148
Regardless of buy in time are 99% of buyers in profit?

Or

Bitcoin is at $150 and someone buys in. The next day it drops by $149. Then it rises $1 per day for the next 99 days.
Has that person been "in profit 99% of the time"?

Both examples see Bitcoin having "99% positive days" and yet in example one 99% of buyers are not in profit and in example two the buyer has not been in profit "99% of the time".

Number of positive days alone is not enough data to support as true either what the poster actually wrote or what you believe them to have meant.

 

lol this post is hilarious.

 

Agreed.

 

People are taking this thread way too seriously.

Bitcoin is the best performing asset of the last decade.

Bitcoin’s 9,000,000% Rise This Decade Leaves the Skeptics Aghast

While people stay on the sidelines and question it, overthink it, criticise it... Top investors like Paul Tudor-Jones and Raoul Pal, and top Nasdaq CEOs from Microstrategy, Square, Paypal, Grayscale are buying it right up to the tune of billions.

Be like them.

 

What?! you mean I shouldn't have done what you, someone I don't know personally and on a public forum suggested?? Uh oh

 

So were tech stocks in 2000

I own some Bitcoin just so I can question and criticise it without being called a nocoiner

 

Hi Jason - that 6.5% cap annoyed me and I also stopped investing. However, I do see recently it's been as high as 7.2%. I agree with you, 8.5% - 9% seems more appropriate for this type of unsecured (ex provision fund) investment with 5y commitment.

I hope it returns to this level one day.

 

You need to try CapitalRise, although it requires a UK bank account.