Post
Topic
Board Bitcoin Discussion
Re: About people that bought too early [and lost them]
by
Hippocrypto
on 28/01/2021, 22:34:24 UTC
This month that bitcoin has risen abruptly compared to the previous months, a lot of people have created new topics asking for help about their funds. For example this gentleman appeared out of nowhere after 9 years that had bought bitcoins and created a new thread, explaining that he found a paper wallet that was damaged in his closet. And now I'm asking myself, why now? Let's assume that he had bought 100 bitcoins in 2012. By 2016, he would have a great fortune. By the end of 2017 an even bigger.

Don't they read the news? Because if I had bought that amount of coins a decade ago, I'm sure that I'd see out of curiosity how well it has gone. Since the paper wallet was in his closet, it means that he didn't care that much.

Another bad example is this thread in which iwoswinvs (who is probably a liar) announces on a forum that he owns 50,000 bitcoins. I think there are more people like the first one, though.

My perspective for this story was this guy owned a huge quantity of bitcoin, and technically he'd going to accumulate many times and multiply his asset once there's a dip. I believed that this person owned not only bitcoin, but also had a physical business earning good profit which going to capitalized bitcoin as holdings. Bitcoin all alone won't sustain, that why we need other sources of income, and if someone who bought so early and not planning to dump it; then another opportunity will happen if they won't panic about speculations.