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Having 1 BTC & 32 ETH will be a symbol of status in 10 years - repost

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by COINS NEWS 59 Views

Reposting, since my original post got deleted due to some 12 BTC post limit. It appears we're at 11 posts now, so I'm gonna try reposting. No poll, since it's "not allowed" anymore?

As for the results from the last post

413 votes total

13.5% have 1 BTC & 32 ETH (or more) 72.2% do NOT have 1 BTC & 32 ETH 14.2% just wanted to see the results :)

I spent the day today just watching the markets and reviewing some charts, and came to a realization that may not be so obvious for everybody. As people, most of us concentrate on today and tomorrow. When it comes to investments, most people fail to look at the big picture.

Just look at the prices of real estate in the US. Whoever bought a house in the early 90's should have their house paid off by now, if they took a out a 30 year mortgage. Of course, the bank also got a nice cut off that deal, but that's a story for another day. If such a person, and I happen to know quite a few of them, decided to sell today, they would be pretty well off. Unless of course, the area they bought their house in declined beyond imagination.

I don't believe we can call such people "investors", per se. They didn't buy a house to get rich. They bought a house to fulfill their basic needs. People got rich and financially secure by not analyzing anything or thinking much about it...

Now... What if somebody today, decided to spend some time analyzing the crypto markets? What if that somebody took the time to do that back in 2016 or even 2020?

We've been through multiple bull and bear markets. Bitcoin was supposed to be 6 feet under more times than I can count :)

A conscious investor, who decided to save on coffee and start stacking BTC and ETH in early 2016 instead, would be quite well off by now! Same applies even if that person started in 2020. Will the same statement apply in 2028? I honestly think it may.

I know times are hard. This world revolves around cycles, just like crypto does. We've had tough times back in '92, '00, '08 and now. Seems like every 10 years the world goes to shit. Those who have been around a while should be able to go with the wave. Good times, just as bad times don't last forever.

I've recently read an article that having 1 BTC and 32 ETH will help you be a part of a very small elite club in the near future. A financially secure club of investors. Afterall, you can stake those. The returns may not be much now, but in the future the staking rewards will offer you a nice salary.

32 ETH = $60,800

1 BTC= $29,000

Those are todays prices. Almost $100k worth of crypto investments. That is a shitload of money.

Now compare that with 2020...

32 ETH = $2,880

1 BTC = $4,000

$6,880 back in 2020 was a decent used car with it's own issues. I'm pretty sure with all the unemployment money and the stimulus checks (in the US) you would be able to get 1 BTC and 32 ETH. The question is, did you?

We went from $6,800 to almost $100k in a matter of 3 years, AND we're in a bear market. Should this even be surprising to us?

I'm no moon boy but I haven't seen better returns anywhere else. Everybody and their grandma comes to crypto when BTC is hitting new all time highs. Please don't be "everybody". Just don't be that guy.

Personally, I don't even hold gold anymore. I sold it to buy BTC. Gold was good for my fathers and my grandfathers generation, not for mine. Here's the kicker... My grandfather and my dad didn't invest in gold. They didn't invest at all. I prefer to be different.

I know this post is gonna age well. We will have people reading this in 2030 thinking "I wish I was buying BTC and ETH back then!" What color electric lambo may those redditors commenting below be driving now?! :

What's my goal here? None, really. This post is just to wake you up and force you to look at the big picture. Look how much has changed over the past 3 years. If you're not buying BTC and ETH, just go buy some. DCA. If it drops, so be it. In 7 years you'll be ahead :)

submitted by /u/guestquest88
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