Bitcoin was invented by the mysterious Satoshi Nakamoto in 2008 and released as open-source software in early 2009. It was gradually recognized by many until it reached a peak of $19,783 per bitcoin in late-2017.
From the beginning of bitcoin history I know that many people become rich instantly when they hold their bitcoins and sold at the highest price last 2017. After the price of bitcoin fluctuated and dropped where many investors got scared and started to panic to sell their bitcoin even if they went bankrupt. But we cannot hide that bitcoin has changed many lives.
On the other hand, after bitcoin dump many are still investing, especially as the price of bitcoin gradually rises again. And due to the continuous development of bitcoin it has become more and more popular and attractive to investors especially to the rich and big companies.
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?
I don't know what the situation or condition of my life will be 10 years from now because we don't know if we will still be alive or if the world will have collapsed because no one has reached the future.
I frequently find it quite distracting when people make these kinds of assertions regarding outrageous scenarios that might happen, and of course, we are going to be best served if we are putting most of our efforts into preparing for various base-case scenarios rather than failing/refusing to prepare because "anything could happen," so those kinds of dumbass statements are sometimes used in order to justify not preparing at all.
As long as I'm doing the best I can, I'm preparing the future for our loved ones, along with others in this industry.
That's right.. that's more reasonable. You should be attempting to prepare for various base case scenarios that are more likely to play out.
Maybe after 10 years I will be able to invest in real estate because of my cryptocurrency earnings, or maybe not. But I save other cryptos and hold them until the bull run comes, believing it will give me a breakthrough in my life.
It sounds like you are gambling. Fuck shitcoins. Think about your bitcoin strategy.
What I am doing is that I am not the only one doing this in this community in the crypto space. There are a lot of people doing it right now, especially since we are about to enter the bull run season where Bitcoin is preparing for its ATH in the upcoming halving next year, which many expect will be a good result.
You should not invest into bitcoin or anything else based on what you believe everyone else is doing... and yeah, maybe various UPpity bitcoin scenarios have good chances for playing out in the coming 1-2 years... such as going to ATHs and going beyond, such as up into the $200ks and maybe higher than $500k, but surely none of these UPpity scenarios are guaranteed, but they are within the realm of possibilities for bitcoin... which means that they may happen and they might not happen.