Post
Topic
Board Bitcoin Discussion
Re: My Journey : Doubling my BTC investment
by
examplens
on 09/02/2021, 23:23:12 UTC
My this post is linked with my previous post. https://bitcointalk.org/index.php?topic=5251838.0

Before current bull run I have 0.1 BTC in my wallet when BTC was trading across 10k. I thought I bought BTC at much high price and it wont go up from here on wards. But things charged.
I am lucky enough to double enough my investment in BTC, thanks to current bull run. I sold my holdings at 30K and I am happy that I am able to get good return. No investment can give such return as BTC is giving to its HODLERS.

If a novice person like me can invest successfully in BTC then anyone with little knowledge can do the same.

You lost ~35% of your BTC investment.
Yes, you buy at 10k and sold on 30k, you double your fiat investment but not BTC. You had 0.1BTC and sold it for 30k. Now is Bitcoin price 47k, so how much you can buy BTC for money which you "double"?
much less than 0.1 with which you started trading?