70% of people who bought Bitcoin bought it in the past year. With these statistics, it is very likely that more people lost money through Bitcoin than gained it.
Someone has to pay for all the Bitcoin mining around the world, so it's probable that Bitcoin as a whole is net negative. That is, the average investor loses money on Bitcoin.
dadoge|4 years ago
It’s down down down if you entered at a high price AND sold within 3yrs
No one who held BTC for 3-4 yrs straight has lost money on their investment throughout the entire history of BTC
There will be a point in time where this won’t be true anymore, but I think we are far from it
cuteboy19|4 years ago
Someone has to pay for all the Bitcoin mining around the world, so it's probable that Bitcoin as a whole is net negative. That is, the average investor loses money on Bitcoin.