And despite the 'never-ending fiat money printing' bitcoin is still down 50% from its highs in 2025 and even back down to the same levels of 2021 ($64K).
How is that protecting you from inflation and fiat money printing when bitcoin has been doing a worse job of holding its value
than even the US dollar for the last five years? And doing much worse than the stock market and far worse than precious metals?
It's not hard to see why much of the public thinks of bitcoin as a scam. Some might even say it is a cult, when most of its followers believe it is
on the path towards endless riches, while the reality is showing us something quite different (most bitcoin holders are in the red and getting poorer since 2021).
Now tell me, ho
w is the the bitcoin holder of 2021 or even all the way to Q1 of 2024 losing money if the price is literally sitting at the same price of the all time high in that period of time. Doesn't make sense. If you bought at around 2022 to 2023 you'd be making 300% ROI right now even when bitcoin is already down 50%.
The people who keep losing money aren't bitcoin holders but speculator in derivative/futures market.
It does make sense because you are losing money to inflation and opportunity cost. You could have invested that $64K in 2021 into a simple high yield savings account that
pays 3 to 4% and received a decent return. A simple S&P 500 stock market ETF would have given you a nice 10 to 20% per year return.
Heck even US treasury bills which are very conservative investments would given you a better return than bitcoin in 2021.
Precious metals also went up like crazy in the last 5 years, and unlike bitcoin didn't just hit a new ATH then suddenly drop all the way down 50 to 80% and stay down for years
as bitcoin tends to do. Gold and silver tend to hold their gains and hold their value much better, and keep making new highs.
But if you bought bitcoin in 2021 at $64K and still holding today you didn't gain anything. You didn't just break even, because fiat is losing value every year to inflation
and money printing, which is why you actually lost money since 2021. But it is pretty sad to be holding so long just to break even.
What is even the point of investing in something if you aren't getting a return on your investment? As a day trader or swing trader you can certainly make a lot of
short-term profits (or lose a lot of money depending on how good you are) from bitcoin's high volatility but its not so great anymore as a long-term investment IMO.
Without real consumer and/or industrial demand (ie: non-speculative demand) I believe the long-term value and growth of bitcoin is not sustainable.
