Post
Topic
Board Bitcoin Discussion
Re: Are Early Adopters rich?
by
BALIK
on 03/08/2022, 04:24:02 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.

Not everyone can do this, we all know holding bitcoin will bring us wealth but to be like Franky1 is not easy.

The purpose of investing in bitcoin or any other investment is to serve our lives and the lives of our families, I still hold and accumulate my bitcoins when I can but when the price hits my target or I need money for life, I still have to sell them. Of course, I will buy again when there is an adjustment but can not hold the same way that Franky1 did. His investment is admirable.