Confucius Says, “Any Idiot That Buys Shitcoins VS Bitcoin Deserves To Get Rekt”

"Get Rekt" is a slang term in the cryptocurrency community that means to suffer a significant financial loss due to a stupid trade or investment.

It is derived from the word "wrecked" and is often used humorously among Bitcoiners to describe various forms of shitcoinery.😂😹🤣

This Is What Shitcoinery Reveals😂😹🤣

Since January 2015, there have been 1,009 different cryptocurrencies in the top 100 by market cap. If you invested $1 every time a new coin entered the top 100 using the altcoin strategy, your portfolio would be worth approximately $7,000 today, demonstrating a healthy return.

However, opting for the more conservative Bitcoin-only strategy would have grown your portfolio to $50,000.🤩😎🍾🎊✅🎉👍🏿

Even the S&P 500 priced in Bitcoin is now down 99.98% since 2012, one of the most dramatic asset revaluations in modern financial history, according to data shared by market commentary platform The Kobeissi Letter on July 11.

Bitcoin was indeed the best-performing asset class in 2024, rising about 125% and significantly outperforming traditional investments like the S&P 500, which grew by 23%.

Its remarkable returns have made it a popular choice among investors, despite its inherent volatility.

Year-to-date, the S&P 500 measured in Bitcoin is down another 15%. Source: https://finbold.com/history-sp-500-down-100-v-bitcoin/

Remainder Of The Article: Bitcoin Is World’s Best Performing Asset Class Over Past 10 Years (#GotBitcoin): https://dpl-surveillance-equipment.com/bitcoin-and-crypto-currency/bitcoin-is-world-s-best-performing-asset-class-over-past-10-years-gotbitcoin/