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Nairaland Forum / Nairaland / General / Investment / Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza (25185 Views)
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Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by ItzChinnex(m): 6:33am On Dec 29, 2018 |
According to experts from FinExpertiza consulting, the most profitable investment this year was palladium. Meanwhist, the world most popular cryptocurrency bitcoin was tagged the most disastrous investment of 2018. FinExpertiza’s research involved 14 investment instruments and 300,000 rubles ($4,330) as the basis sum, according to Rossiyskaya Gazeta. The study found that bitcoin investors would have lost more than 213,000 rubles ($3,000) or 71.2 percent of the investment this year. The most profitable investment of the outgoing year, according to FinExpertiza analysis, was palladium. The price of the precious metal has been hitting record highs lately, making it the best performer among major metals. With the 300,000 rubles invested, purchasers would have increased their capital by 30,000 rubles ($433), or 10.2 percent, by the end of the year. “And if we look in retrospect, for example of two years, we will see that palladium, in general, has become the only metal with a positive return,” Nina Kozlova, general director of FinExpertiza, was cited as saying by the newspaper. Once hailed as the future of money, bitcoin has lost more than 80 percent of its value since last year’s all-time high of $20,000. Currently trading below $3,700, the cryptocurrency is likely to extend its losses to below $3,000, experts say. Worth just a fraction of a penny in 2010, bitcoin has been hitting the headlines and attracting attention from everyone, including Warren Buffet, Bill Gates, and Jamie Dimon. Bitcoin has divided opinion and has been called everything from a scam to the future of money. The virtual currency has been declared dead 336 times now by 99bitcoins.com, a website keeping track of the crypto. Source: https://mymarketdeal.com/2018/12/29/bitcoin-investment-worst-this-year-experts/ 4 Likes 4 Shares
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Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Kingsleydr(m): 5:53pm On Dec 29, 2018 |
Remembered I wanted to buy 2 btc @The rate of $16200 each earlier this year or late last year or so ... Lol .. I for don go dark by now... 81 Likes 2 Shares |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Ajiswaggs(m): 5:53pm On Dec 29, 2018 |
R |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by masterfactor(m): 5:53pm On Dec 29, 2018 |
absolutely correct 2 Likes |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by snowland(m): 5:53pm On Dec 29, 2018 |
True |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by lilmax(m): 5:53pm On Dec 29, 2018 |
and this NL people with their bitcoin advert no go allow us hear word 83 Likes 5 Shares |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by ominilongest(m): 5:54pm On Dec 29, 2018 |
Z dz a joke |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Badonasty(m): 5:54pm On Dec 29, 2018 |
ItzChinnex: I hear you 1 Like |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by rozayx5(m): 5:55pm On Dec 29, 2018 |
APC was the worst investment to the topic bitcoin was not an investment it was an e-currency price goes up or down = u can still make your millions trading both ways if you know you know, anyway lets allow naives who held bitcoin thinking its fixed deposit to come and wail 82 Likes 5 Shares |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by SpecialAdviser(m): 5:55pm On Dec 29, 2018 |
I lost a lot |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Delivar(m): 5:55pm On Dec 29, 2018 |
Nigerians and follow follow. I won't be surprised we will start seeing threads all over Nairaland about palladium as the latest thing. 24 Likes 1 Share |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Nobody: 5:55pm On Dec 29, 2018 |
True Monthly chart shows a bearish market from 18000 to 4000 but a quick view of daily chat shows that the bearish trend may be about to end. This week and may be the next may very well determine if the possible trend reversal signal to bulishness is a false trend reversal sign and we are still very much back into another round of massive downtrend or we are about to expect a bullish trend in the crypto market. 9 Likes 1 Share
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Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by konkacid: 5:56pm On Dec 29, 2018 |
It's nose dive was concurrent with global stock market crash, though stock market not badly hit like BTC! 3 Likes |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by NotBeenPaid: 5:56pm On Dec 29, 2018 |
Mehn! This coin wrecked me no be small 5 Likes 1 Share |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by chukzyfcbb: 5:58pm On Dec 29, 2018 |
Having those sec futures guy, killed everything. How can u allow some group of people to make profit from shorting. How then do you think Bitcoin will keep rising. Na that futures kill Crypto 13 Likes 1 Share |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Lippy101: 5:58pm On Dec 29, 2018 |
Bitcoin disappointed me real bad. Anyway life goes on. 4 Likes |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by millionboi2: 5:58pm On Dec 29, 2018 |
As far as I'm concern, crypto currency is a scam. 43 Likes 1 Share |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by sunnywhyt007: 5:59pm On Dec 29, 2018 |
I’m also affected... d tin disappoint me pass Amaka 20 Likes 1 Share |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by marvin906(m): 5:59pm On Dec 29, 2018 |
My 700k just hang for air .. I just dey watch 37 Likes 1 Share
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Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Tomoyayi(m): 5:59pm On Dec 29, 2018 |
I kukuma talk am buh trust some Nigerians, dem sey wetin I sabi. Tomoyayi: 130 Likes 14 Shares |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by NNEWIsuper: 6:00pm On Dec 29, 2018 |
they are right..I lost 1million naira in Bitcoin in 2018 8 Likes |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by kingofthemall: 6:00pm On Dec 29, 2018 |
sunnywhyt007:Same here. 2 Likes |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Nobody: 6:00pm On Dec 29, 2018 |
The funniest part about this news is some one will still come and blame Buhari lol. 6 Likes 1 Share |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by kingofthemall: 6:01pm On Dec 29, 2018 |
NotBeenPaid:Which coin. Etn or doge |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by tosyne2much(m): 6:02pm On Dec 29, 2018 |
millionboi2:Because the value is sinking right? You need to be properly enlightened bro 13 Likes |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Nobody: 6:02pm On Dec 29, 2018 |
Some people claim they made money through crypto investments. Lies 8 Likes |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Nobody: 6:02pm On Dec 29, 2018 |
Kingsleydr: I'm happy for you oh my brother, I almost even lost $1,000 on top of this thing. 2 Likes |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Lekan1o1: 6:03pm On Dec 29, 2018 |
marvin906: Wait u no fit withdraw? |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by helinues: 6:03pm On Dec 29, 2018 |
Yes oo.. Worst investment @ 17th of Dec 2017, btc hitted $17,000 Today's current price is $3,800. I was never moved when the price was skyrocketing, I got the warning earlier so I just overlooked. Gambling has not really be my thing. Lucky me.. 14 Likes |
Re: Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza by Nobody: 6:03pm On Dec 29, 2018 |
NNEWIsuper: Hello Sir, How much did you did invest in Bitcoin totally this year ? 4 Likes 1 Share |
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