The Proof - mytrbroadcast.com

For years, yet more-so this year, I have been digitally assailed for uttering the following premise:

With all the so-called “road to riches” hoopla surrounding Bitcoin™, unless you were one of the few that took a chance and bought it when it took multiple coins just to buy a pizza, then, sold it at the first hype stage of 2021, basically, there is nothing it has done ever since that can’t be reproduced in a boring stock such as Apple™ or others.” Period, full stop.

For the doubters and the so-called “Bitcoin faithful” here’s the proof to that argument in real time. To wit:

Bitcoin’s performance metrics over the past 12 months, down to yesterday (Saturday) as of ~9:00am ET…

Here is Apple’s as of the close on Friday…

There’s no cherry picking, no apples for oranges comparisons – nothing. If you put one dollar into Bitcoin and one into Apple at the same time 12 months ago – at every interval – your purchase of a plain vanilla stock increased – with Bitcoin you lost at every interval.

Compare that to all the hype the crypto space has enjoyed over the past 6 to 10 months to the actual results.

I rest my case.

Note: This commentary is for education purposes only and is not to be construed as trading or investing advice of any sort. These commentaries/opinions are for “big picture” discussion purposes only. Please read, or re-read the “About This Site” page for any questions or clarifications.