Could you have predicted the rise...??
No, you didn't and you couldn't. Bitcoin could have just as easily gone sub 200.
Now, I'm long time optimistic on bitcoin, but I need the cash for a mortgage application. No, mortgage brokers will not count bitcoin as an asset.
I really had no choice. I still have the 100k I got out, but I was not able to use it to buy back in.
At the current prices, looks like I missed out on $70,000.
I bought $60 (yes just sixty not thousands) worth of
BTC in Nov 2015 as first encounter in the cryptocurency. I watched it gaining 50% before your sale date regardless downfall in between.
Apart from keeping eye at
BTC price, I learned one thing from all related sources:
BTC will rise at the time of halving - nobody knows for sure how much but surely it will not go down. Make me sure not selling
BTC - actually I did make purchase with
BTC but quickly bought even more.
Rise was totally predicted and I'm backing my belief in further rise by buying much more
BTC at over 700$ price, it is still rising so I must not be alone.
When someone who holds 100
BTC for two years say: couldn't predict the rise, I can only assume you wasn't paying any attention to your investment.
Your decision in regards of mortgage is a different story, but cannot agree on "couldn't predicted the rise".
My story goes: back in 2009 I was told briefly about Bitcoin and regardless I saw it interesting, I did not found time to get into it, looking back in time I dream what I could achieve having access to datacenter facilities, powerful servers and free electricity. All gone now and I have to live happy with that.