Post
Topic
Board Economics
Re: Don't spend bitcoin. Not now.
by
Sithara007
on 10/12/2019, 03:24:07 UTC
This sounds like something that should had been written in 2010.

Can't put it any better. I first started investing in Bitcoin 6 years back. I guess I was a bit late and when I purchased my coins, the exchange rate was around $600 per coin. So right now I'm on top of unrealized profits of ~1,200%. This is a lot more than what I could expect from investments in stocks or real estate. But those who made their investments two years earlier than I did are now in 500x to 1,000x profit. But I don't want to get too greedy. Now I am planning to sell some 20% to 30% of my coins in the next 12 months.