When I entered the market in 2020, Bitcoin was just over $6,000. Recently, it surged to 120,000, which seems quite exaggerated—20 times in 6 years.
But here's the question: is a 20x increase really worth this much excitement?
In fact, examples of 20x gains are everywhere in the traditional stock market. Tech stocks, emerging industry stocks—just count them and you'll find plenty. Some are even more exaggerated.
Looking at it from a different perspective, a 20x increase in 6 years doesn't seem to match the enthusiasm of crypto believers over the years. That excitement feels like discovering something extraordinary, but the data is right here, and it's not really that outrageous.
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Gm_Gn_Merchant
· 11h ago
Honestly, the noise in the crypto circle right now is quite loud. A 20x increase is really nothing special.
To be honest, I'm not very interested in this kind of short-term trading; the key is to maintain a long-term holding mindset.
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OPsychology
· 11h ago
Speaking of which, a 20x return is indeed not surprising; any tech stock in the stock market can achieve that. Don't overhype it.
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faded_wojak.eth
· 11h ago
To be honest, a 20x increase over 6 years isn't that exaggerated; any tech stock in the stock market can achieve that.
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OnchainArchaeologist
· 11h ago
That makes sense, but a 20x increase over 6 years is considered steady growth in the crypto world. Not all coins can survive like that.
I understand the logic of early entrants celebrating, but compared to the stock market, there's really nothing special about it.
This is the power of faith, as data can't convince believers.
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AirdropJunkie
· 11h ago
Yeah, that's right. A 20x return over 6 years isn't particularly remarkable.
But speaking of which, has the stock market ever experienced something like 2008 to achieve that 20x? The crypto world is a different story this time.
Bro, your logic has a flaw. The risk factor can't be generalized so simply.
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TerraNeverForget
· 11h ago
You're not wrong; people in the crypto world do tend to get overly hyped.
Is that all? I thought it was more impressive.
There are many companies in the stock market that have multiplied dozens of times; why does it become a treasure in the crypto world?
Six years for a 20x increase sounds impressive, but when you think about it carefully, it's just average.
Your excited reactions are indeed a bit... not very rational haha.
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ShadowStaker
· 11h ago
ngl the hype-to-fundamentals ratio here is absolutely unhinged... 20x in six years sounds insane until you realize tech stocks do that before breakfast tbh
When I entered the market in 2020, Bitcoin was just over $6,000. Recently, it surged to 120,000, which seems quite exaggerated—20 times in 6 years.
But here's the question: is a 20x increase really worth this much excitement?
In fact, examples of 20x gains are everywhere in the traditional stock market. Tech stocks, emerging industry stocks—just count them and you'll find plenty. Some are even more exaggerated.
Looking at it from a different perspective, a 20x increase in 6 years doesn't seem to match the enthusiasm of crypto believers over the years. That excitement feels like discovering something extraordinary, but the data is right here, and it's not really that outrageous.