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.
This happened so fast and there were many people who made profits and there were also many people who made losses in the previous year, depending on the level of preparedness and knowledge about bitcoin. Over time bitcoin has gained the ability to maintain value, so there are many people competing to come to the crypto industry and especially their involvement in Bitcoin.
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.
In the year before bitcoin became what it is today there were many people who doubted its ability and maybe including us, especially regarding the level of price fluctuations and talking about risks that we have not been able to assess the extent of resistance. Interest in bitcoin is now not only among entrepreneurs and there are already many ordinary people who are involved in it, this shows that bitcoin adoption is quite widespread throughout the country.
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 am one of the long term holders especially for bitcoin and will continue to collect whenever I have money. My philosophy on bitcoin investing is ATH and that's why I prefer to hold on long term. A big change occurs when we get involved in bitcoin because it has brought freedom and reached a stage of much increased income compared to involvement in previous investments and although so far it has not provided great wealth.
There is a level of comfort in investing in bitcoin because we have the opportunity to buy with any amount of capital available and we don't find this in other investments. Especially when people are able to see the potential by using the DCA method and on the other hand maybe at the level of value defense it relates to the money we put in, so that when the process is carried out correctly it will always generate profits.