Not 5 actually, more like 10.
- Heard about bitcoin in 2011, didn't pay much attention to it.
- Got paid for my work 3 bitcoins in 2013 when they were about $100, sold them couple of months later for approx. $800. Forgot about it again.
- Between 2015-2016 I've had a freelance contract, got paid ~$20k total in bitcoins and I was selling those immediately because I was scared of volatility. (still have an excel file with my orders, one of orders is selling 20 BTC for $6k). Had everything in USDT then lost most of that money on an exchange that got rekt by FBI. Do not store on exchange, lesson learned. (Also missed the 2017-2018 hype train completely)
- In 2018-2019 thought bitcoin was dead, was very useful for me to do online transactions though, but never held more than a couple grand in BTC.
- 2020-2021 Still a part time freelancer, started researching a bit more now. Decided to keep a % from my BTC income in BTC, and swap rest to USD. Paper handed and sold everything on march... Realized I am an idiot later, but luckily I still followed my strategy and managed to experience the bull run, but with a fraction of what I could have had...
- Started reading about BTC, inflation, economics. Threw in a significant sum @ 55k and you know what happened next... I was looking at the chart when it dipped to 30k for the first time, but I was not panicking... I was angry and buying every time it dipped even further. (Lets say I was already far out of my budget when the price was 45-40k)
I was very angry, it seemed pointless... Feds printing trillions, inflation, crisis and COVID and now me losing over 50% of my investment on top of that.
For 2 months balls deep in red I kept researching, I planned to sell most of my stack as soon as I would break even. I wanted to sell at 30k, thinking it would go lower, at 35k, at 38k you name it. Then it hit me deep... This is the first real scarce asset, there is will be only less than 21 million coins, DECENTRALIZED coins, it cannot be printed out of thin air and adoption is happening RIGHT NOW. It does not matter what the price is, be it $100 or $1m. What matters is that it is a real FREEDOM. Fiat is doomed anyways.
I'm a while in green now, old me would have sold\* it long time ago, but know what? You are NOT getting my bitcoins.
* If I would not lose all my bitcoins in a boating accident of course.
I could have had hundreds, if I wouldn't have been ignorant, but the price for you is what you deserve.
Thank you for reading. HODL.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments