The longest time between BTC ATHs was 4 years and 17 days.
That means everyone who held for that long has made a profit, even if the person who had literally the worst timing possible.
On the flip side, if you are going to need that money in less than 4 years, maybe don't tie it up in bitcoin.
Data source: https://bitcoincounterflow.com/charts/days-since-ath/
the answer no one wants to hear ðŸ˜
and then they scramble off to buy xrp because some bot army advertisement racket told them to.
Wait, no. That's not right. It says 16 Dec 17 was 1477 days since the ATH, but the price was $17,604.80. But if you look back over the past 4 years, it was hitting ATHs constantly.
Everything in this chat looks backwards. If it's going up to new highs, the line should be red (zero days since ATH), but it's purple on the way up and red on the way down.
The real answer is 3 years 142 days (just under 3.5 years).
Nov 29, 2013 ($1,206.90) -> Apr 19, 2017 ($1,215.20) = 1237 days
I haven't done a comprehensive analysis to back this up, but that's what it looks like by manually looking at historical charts.
What would be really cool would be to do a full amazingly and account for inflation and/or compare to various stock markets (Dow, S&P, Nasdaq), or stocks (TSLA, NVDA, etc.)
