Who would have thought, right? I got into Bitcoin almost 5 years ago and it was beyond my crazy imagination that Bitcoin would reach $24,000 a few years later. I guess many people weren't looking forward to a $24,000-Bitcoin at that time. While many were generally positive on Bitcoin's future, they must have sold a lot when their Bitcoin investment already doubled or tripled in value.
Well, lucky for those who have held on to their Bitcoin all these years. As for me, I learned a precious lesson. If $24,000 is possible in a decade's time, $30,000 is possible in a year's time.
No one would've thought because if everyone speculates about the increase in prices then the proportion of people becoming more doubtful about the price increase increases also. The best thing to do right now would be to hold what is in your wallet or go all the way and sell everything whenever you feel that it will be enough. The lesson that I have learned so far is not be extreme when it comes to being optimist and pessimist, always consider that both scenario can happen.
If you invested $1,000 in BTC and Stock 5 years ago, here’s how much you’d have now:
Bitcoin : $51,269
Shopify : $46,905
Etsy : $22,320
Nvidia: $15,688
Tesla: $14,010
PayPal: $6,471
Apple: $4,850
Amazon : $4,718
Netflix : $4,385
Microsoft : $3,790
Facebook : $2,553
Google : $2,290
This list only makes me cry inside but I do not have the money back then so what can I do but to grind myself to get some for investment. In the end, we never knew that it will go this far, there were a lot of FUD's spread around that some were scared and at that time, scams were more bolder that they even held seminars and event gatherings that the people generalized bitcoin and put it together with the scams.