Today, let's talk about the psychology of owning BTC. After BTC was born in 2008, a group of people owned a small amount of digital gold. Of course, I later joined the BTC army as well.
At that time, I didn't feel the magic of BTC; I just knew that it was something relatively magical and a completely new thing.
Back then, nobody was familiar with BTC. Even though I owned some, I was just observing and trying to understand its mysteries.
I can’t decide whether to be amused or concerned that you have put your money into something you weren’t sure of. Just be grateful that it was bitcoin otherwise you would have seen yourself broke. If someone invested in any altcoin the way that you did back then, they would definitely be losing a lot of money.
But that wasn't the scariest part. The scariest part was when the price of BTC started to rise, and more and more people flooded in.
I do wonder what might have been the early investors thought process during this time. They unknowingly invested into the future of man and when they finally saw it gain value, I am sure they were both surprised and excited.
Owning digital gold is the new thing.