"If you had invested 100 in Bitcoin in 2010, you'd now have 2.5 billion."


That's not the case.
If you had bought 100 in Bitcoin in 2010 and watched it rise to:
1k → 100k → 1.7M
and you hadn't done anything
Then you saw how 1.7M fell to 170k
and you still stayed put
Then you saw how 170k rose to 110M
and you still did nothing
Then you saw how 110M crumbled to 18M
and you still held on
Then you saw how 18M catapulted to 390M
and you still didn't do a thing
Then you saw how 390M shriveled to 85M
Then you saw how 85M climbed to 1.6 billion
and you remained motionless
Then you saw how 1.6 billion dropped to 390M
and you still resisted
Then you saw how 390M shot up to 2.5 billion
and then, for some reason, you finally decided to act…
So yes, 100 in 2010 would be worth 2.5 billion today.
BTC-0.61%
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Jeremytrader
· 4h ago
The problem is usually not the strategy, but execution under pressure. The best way to survive that volatility and prevent psychology from betraying us is to operate with a defined system and not be swayed by short-term noise. Very good analysis of the true challenge of investing in Bitcoin.
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