Post
Topic
Board Bitcoin Discussion
Re: Are Early Adopters rich?
by
CryptoHeadlineNews
on 02/08/2022, 20:43:22 UTC
still hoarding since 2012
im 'explorer rich'  (funds calculated to fiat via explorer view of funds) analogy: 'rich on paper'
but not had the desire or reason yet to sell the whole hoard, so not yet ready to buy castles
 

@Franky1, this is amazing, it's been 10 years now since 2012 and you never sold everything not even when the price of Bitcoin was higher than it is now, I believe OP and other new members like me will be encouraged not to give up no matter the current situation of the Bitcoin market after seeing your contribution here. Indeed Bitcoin is financial liberty and freedom for anyone who understands the importance of it will never be in a hurry to sell instead of holding and buying more during bear season like as it is now  so that when the price goes up (Bull run ) more profit will be made.
It is encouraging knowing someone held his/her Bitcoin since 2012 till date without selling it, because that's actually a big sign how much he/she believes Soo much in the Bitcoin movement & great motivation to me who is barely just 2 years into Cryptocurrency. And regarding the question OP asked "If are early adopters rich?" I will say it actually depends, because take a look at the case of Laszlo Hanyecz who sold 10,000 BTC for just mere 2 pizzas worth $41 back then, because only if had he held the 10000 BTC till date, that would have been a whopping $200million with an estimated rate of $20k per 1BTC.. Which am sure with such money you don't need a job anymore