Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I did not sell a single satoshi from my main stash, cold storage since late 2017. However, I do not expect 10x gains anymore.
Just ludicrous to say such things...
Though if you didn't expect 10 X gains from BTC, then I don't know why you're involved ??
2x gain in a few years is still much better than few % a savings account can give. As I have said, I am bullish, but linearly, not exponentially
. Unfortunately, my stash is not big enough to retire and live comfortably by spending from it only. Still, there is a slight chance that institutional adoption could drive the price another 10x. My thought is that it is not very likely.P.S. By not expecting 10x I mean 10x from the current (or $10k) level. 10x from the lowest point in 2018 is possible.
I do understand, everything %-wise is better as nothing... But ----->
I may not have as many coins as some people here for a very simple reason: "do not invest more than you can afford to loose". It is much easier to get richer if you are rich already. However, I do have a small stash, mostly mined long ago, in 2011-2013. I never had enough money to obtain a comparable amount after the 2017 bullrun. Buying was not an option.
As someone mined and been involved from 2011-2013 and most important still is involved... then this is just very strange imo,whatever you mined so early, HODL would have done the job not? Also being on these forums, DYOR etc should of helped you out imo, your background is way better in BTC as mine, I never mined, wouldn't know how to do etc...