Post
Topic
Board Bitcoin Discussion
Re: Bitcoin investment progress.
by
$weetne$$
on 12/12/2024, 09:50:12 UTC
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.

People that invest in Bitcoin just for a short term do not know what they are missing by selling too early. People consider profits making to be the main goal of buying Bitcoin therefore they get comfortable with any profits that they made provided they did not lose but that mindset is making people to lose alot of potential gains that they would have made if they they did not sell early. People that sold in the highest price of 2021 bull market and did not buy back because of procrastination or other reasons, did not see the price get to $100,000 that just happened few days ago. They would be regretting but there is not much that they can do again. We have to be willing to keep hodling until we get a very good profit that we will be very comfortable for us.