Keeping records and history is a very important aspect in the crypto industry, as it helps us know the the event that took place in the past.
So many people, when you suggest investment in the crypto industry, they will tend to make excuses of market volatility and coin performance in 365 days without even doing there own research, what about some years back?
In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus, you would be obviously filthy rich.
I hope that this open the eyes of most newbie's the potential of Bitcoin, if you are already in the Bitcoin market just be happy because this market have a lot more to offer,
The most simple but effective way I use to navigate my way in the market is the DCA method I use, accormulate as much Bitcoin as possible because the bull run will definitely change the history of your finances if you position your self right and wait patiently for the bull run to come .
Looking at the history of a crypto currency also makes it easier to predict future pumps and dumps. I think there will be very few people who bought Bitcoin at $0.20 in 2010 and still have it, because the price of Bitcoin has touched 67 thousand dollars. This is because it is our nature that we often sell our coins whenever we get a good profit. That's why if you look at history since $0.20, you'll see a lot of pumps where people have sold their Bitcoin at a good profit. Buying Bitcoin at $0.20 was within the reach of every person, but not every person can buy Bitcoin at the current price, yet investing in Bitcoin as much as possible can give us great profits in the future.
As much as Bitcoin may have given its investors in the last 10 years, Bitcoin may not return to its investors in the next 10 years, because even if the price of Bitcoin exceeds 1 million in the next 10 years, it cannot compete with past profits. However, the potential of Bitcoin cannot be denied as many people have changed their lives by investing in Bitcoin and they have received great returns thanks to Bitcoin. If one has good capital, one can buy a large number of Bitcoin even at the current price which can surely give a great profit in the coming bull run.