Quote from: laijsica on December 05, 2024, 05:58:43 PM

If you had invested $1000 in Bitcoin in January 2024 and held it until now, you would have seen a 120% increase in this one year. If you had kept $1000 in Bitcoin in 2020, this invested asset would have grown by 1220% in these few years and if you had kept $1000 in Bitcoin since 2013, its growth would have been 146,714% today and this information is quite surprising and it is a fact that investors have been properly rewarded over time by investing in Bitcoin. That is why it is recommended to hold multiple cycles to take the growth of the invested capital to a stronger position with the revolutionary increase in the price of Bitcoin.

Now, imagine if not only did you hold but you kept accumulating over the course of a year or two? To me, holding is not a problem but buying more is. I wish I had $1000 USD to buy bitcoin and hold but alas I don't. This still didn't deter me from investing and buying what I could afford. It is always better to have little than nothing at all. Thankfully, I did because my money did in fact double this year.

Some people who may not have held their positions might be regretting now but I always remind myself that it is not the end of the world yet. Yes it would be such a shame not to maximize the earnings but I could still earn in the future and I do plan on doing so.