Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
One more story that has given me a lot of courage, believe me, it is not over yet, more stories will be made.
Quote from: https://www.google.com/amp/s/amp.digitalsurge.com.au/amp/5-inspirational-bitcoin-success-stories
Mr. Smith worked at a Silicon Valley tech company when he purchased $3,000 worth of Bitcoin in October 2010. “I had no idea how much to invest, but I was getting paid pretty well at the time, so I decided on $3,000.” Because Bitcoin was worth only $0.15 a piece at the time, his initial investment gave him around 20,000 Bitcoins.
From the very start, Mr. Smith knew that he was playing the long game, deciding to see just how high Bitcoin could go. For the next three years, he hodled his investment, only occasionally checking how Bitcoin is performing. But when Bitcoin hit $350, and then $800 just days later, Mr. Smith knew that it wouldn’t be wise to wait any longer.
He cashed out $2.3 million, quit his job
From the very start, Mr. Smith knew that he was playing the long game, deciding to see just how high Bitcoin could go. For the next three years, he hodled his investment, only occasionally checking how Bitcoin is performing. But when Bitcoin hit $350, and then $800 just days later, Mr. Smith knew that it wouldn’t be wise to wait any longer.
He cashed out $2.3 million, quit his job
He should never have cashed out as thats worth $190,000,000 today.
OTOH, going from wage slave to 2.3M is categorically different from going from 2.3M and free to 190M and free.
You need 2.3 million to not be a wage slave?
Then you need to re-evaluate your life and how wasteful you are.
There is no reason to not sell the portion he needed to live and increase his cost of living from profits.
^^^If not cashed out what the point of investing, taking it with to the grave? $190,000,000 today billionare tomorrow.
Try reading this thread and learn something.
https://bitcointalk.org/index.php?topic=5255623.0
Jeebus. Is there a tl;dr version?
That is the TLDR, here is the original.
http://mailing-list-archive.cryptoanarchy.wiki/
