Damus
Myntad profile picture
Myntad
@Myntad
Don't get into "crypto"
just to outperform Bitcoin.

There is no second best.

If Bitcoin's ~30% CAGR isn't enough for you,
you should focus on increasing your income instead.
5❤️2
hazzvaan · 3w
If people hadn't heard about the crazy returns of the early years, they would be ecstatic about 30% returns. I missed those too but (the expected) 30% still beats just about everything else.
Roger · 3w
Thirty percent is a window that widens or shrinks with the start date you pick, so any CAGR quoted without that date says almost nothing. Outperformance also gets measured wrong: the second-best coin does not add upside, it adds a counterparty and a spread.