Categories: Bitcoin Business

Forget Bitcoin! I think doing next-to-nothing could be a better way to get rich

Click here to view original web page at

While Bitcoin’s performance has stabilised in 2019, it has continued to disappoint on a relative basis. Its decline of over 80% following it reaching an all-time high of nearly $20,000 in December 2017 may have come to an end for the time being, but it has underperformed other assets. For example, the FTSE 250 has risen by 9% since the start of the year, while the Bitcoin price has moved around 4% higher.

Indeed, investors in Bitcoin could be better off buying a tracker fund in the long run, rather than risking their hard-earned cash on the virtual currency. It could provide higher returns, less risk and, perhaps most importantly, require next-to-no effort on the part of the investor.

Tracker funds

Although buying shares in companies could be a worthwhile move, tracker funds also have appeal for investors who perhaps lack the time to research stocks, or who wish to gain a large degree of diversity. It is possible to buy tracker funds that charge an exceptionally low annual fee, with under 20 basis points now being the norm. Although there is tracking risk, over the long run their performance generally follows the wider index fairly accurately.

Buying a tracker fund is incredibly straightforward. An online share-dealing account means that it can be undertaken with a few clicks of a mouse button. An investor may then not need to even think about the tracker fund, never mind take any action, for a sustained period of time.


In contrast, buying Bitcoin is a far more difficult process. Its lack of regulation means that it is difficult for an investor to know where to buy it, as well as store it. This can mean time is taken up researching the cryptocurrency industry. Due to its volatile nature, as evidenced by its performance over recent years, investors in Bitcoin may also find themselves spending time focusing on its future prospects. This could be time that is better spent elsewhere.

The risk of loss from Bitcoin is clearly high. It may also be argued by some investors that its return potential is also more impressive than that of the FTSE 250. The future prospects for the virtual currency, though, remain uncertain. Regulatory risks are high, while it appears to lack the infrastructure to take over from traditional currencies. Its limited size may also mean that its real-world usage potential is somewhat lacking.

Investor experience

While a recovery for Bitcoin cannot be ruled out, it appears to offer high volatility, high risk and may require significant effort to buy and store on the part of the investor. A FTSE 250 tracker fund seems to offer a reliable track record of growth, relatively modest risk and requires little effort on the part of the investor. As such, it may be possible for an investor who spends a minimal amount of time on their portfolio to outperform Bitcoin over the long run.

You Really Could Make A Million

Of course, picking the right shares and the strategy to be successful in the stock market isn't easy. But you can get ahead of the herd by reading the Motley Fool's FREE guide, "10 Steps To Making A Million In The Market".

The Motley Fool's experts show how a seven-figure-sum stock portfolio is within the reach of many ordinary investors in this straightforward step-by-step guide. Simply click here for your free copy.


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

  • Bitcoin Business

Rumors CFTC Investigating Bitmex Amid Speculation of Market Manipulation

United States’ Commodities and Futures Trading Commission is apparently investigating Bitmex according to unnamed sources. Bloomberg says :“The months-long CFTC… Read More

4 hours ago
  • Bitcoin Business

Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint

Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies… Read More

4 hours ago
  • Bitcoin Business

Crypto Exchange BitMEX Under CFTC Investigation Over US Users: Bloomberg

The U.S. Commodity Futures Trading Commission (CFTC) is reportedly probing crypto exchange giant BitMex. | Source: YouTube/BitMEX The US Commodity… Read More

4 hours ago
  • Bitcoin Business

Pro-Bitcoin Ron Paul Agrees with Trump Over ‘Clueless’ Fed

Donald Trump has gained an unlikely ally in delivering criticism against the central bank. | Source: Getty Images/AFP/Shutterstock/AFP; Edited by… Read More

4 hours ago
  • Bitcoin Business

‘Tip Trump’ Meme Targets POTUS While BAT Cryptocurrency Soars 19%

The BAT cryptocurrency gained 19% after its integration onto a gamer streaming site. Meanwhile, a meme was born as Trump… Read More

4 hours ago
  • Bitcoin Business

China’s Blockchain Industry, 2019 – By Separating Crypto-Currencies from the Underlying Blockchain Technology, China’s Government Helped People Focus on Blockchain Solutions for Various Industries –

DUBLIN--( BUSINESS WIRE )--The "China Blockchain Industry" report has been added to's offering.This report provides a complete and detailed… Read More

4 hours ago

This website uses cookies. We use cookies to collect data about your interaction with our website. The main purpose of collecting information with these cookies is to improve your experience with our site. For more information we encourage you to read our privacy policy.

Read More