Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Dictator69
on 28/08/2023, 16:18:37 UTC
⭐ Merited by JayJuanGee (1)
I have made mistakes along the way, too, and there are surely folks who have had way better price performance than me.
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So even if you were to attempt to plug numbers in here, you do not necessarily get to stellar performance, and of course, BTC prices went up 20x from the 2018 lows but also corrected back down to right around 5x.. and perhaps now we are around 8x to 9x from the 2018 low.. but I like to characterize my own overall BTC holdings in terms of having a cost per BTC right around $1k per BTC, and therefore it is easier to estimate the BTC part to be around 26x up, overall.
You are saying you made 26x and still saying I have made mistakes along the way. I mean are you even expecting more? Or what I just missed here.

I mean even if the buying of 1 BTC cost you around $1k at an average rate then I think that's a good buying. But still, it really matters how much BTC you have. Not asking just saying.

PS: and did you remember the graph which wind-fury shared, the link of which I gave you, by searching it on the google lens. I found the source to that topic, and it was not intentionally found instead I was reading some topics and one of the OP made a topic by the name of Here is a tight slap to bitcoin haters

Well, that chart was about, all the times in past when many big authorities talked bad about BTC and then BTC turn out to be a charm instead of failure. The thing is BTC really disappoints many people who believed in its failure. The real link to that source is here https://buybitcoinworldwide.com/bitcoin-is-dead/