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A lot of people who got into bitcoin early (lets say sub $10k price) are still doing well.
But many entrants have come in over the last handful of years. Bitcoin has not done as well as many of the large bitcoin 'influencers' claimed it would, so there is understandably a lot of griping out there.
Returns since March 10, 2021 (exactly 4 years ago):
NVDA - 785% Gold - 69% SPX - 48% BTC - 48% Savings account with 4% APY - 17% ETH - 10.5%
I think if you do DCA analysis - result will be different, March 2021 should be around bull market peak if I recall correctly
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Yeah, I mean we can all do many different analysis to get different results. But I think intuitively, most bitcoiners would believe that if you hodl for any 4 year period, your purchasing power should go up tremendously. Instead, it hasn't kept up with the nasdaq and barely held up compared to s&p500.
it was around 60k in March 2021.
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