Post
Topic
Board Bitcoin Discussion
Re: Your Life After 10 years in Bitcoin...
by
JayJuanGee
on 18/05/2023, 14:44:50 UTC
Now bitcoin is preparing to reach another ATH. Are you still there and holding your bitcoins? What happened to your life after 10 years in bitcoin? Is there any changes?
Well I'm just officially 1 year in bitcoin  and I've already got more than enough testimonies about bitcoin 😅
I don't know what will happen  in 10 years but one thing is certain that I'm already growing wiser in the bitcoin  industry  and I hope I don't ever get trapped within negative  news about bitcoin.
People love whatever that seems like free money and at some point, bitcoin  seems to give out free money on investment  for hodling for long with minimal efforts.

Whatever  the case might be, the journey in bitcoin  is a very amazing and interesting  one and I'm sure that 85% of the people who have been in the industry  and forum for over 10 years and  are still active should be realing the fruits of their labor and whatever the case might be the,  the 85% majority should be living a comfortable life.

You might be correct in your estimation of the percentage of success, but I have my doubts that the level of success of about 85% to be as high as you project it to be.  A lot of people make mistakes and fairly BIG mistakes in regards to getting shaken out of their BTC and failing to reinvest or investing into BTC too whimpily.. and of course, even whimpily investors into BTC have been rewarded over the years as long as they have mostly been accumulators and HODLers rather than fucking around with trying to time the market and sometimes failing/refusing to buy.

Sure, on the other end of the spectrum are those who had gotten overly aggressive.. which contributes to its own level of reckening (financial and psychological) that might contribute towards failing/refusing to either get back in or to convert into a more conservative, prudent and/or realistic BTC investment style.

So your estimate of an 85%-ish success rate seems a wee bit optimistic.. coming from a guy who barely/almost is getting up to 10 years in my BTC investment journey.... in that November will be my 10-year anniversary.