Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
adultcrypto
on 12/02/2025, 16:36:05 UTC
According to you, why should those who invested in 2010 withdraw cash next year?   Did they just need profit?
I think they lacked planning rather than profit. Bitcoin investors always plan to start long-term investments. And most make mistakes after investing. They start investing but forget the next step.  They feel that there will be no problem if they continue to invest with the current income. But they forget about the emergency fund. They forget the reserve fund. People forget that they are social animals. When living in a community, it is difficult to know what type of financial assistance is needed.   They forget everything and start investing for long term. As a result, they can build a nice portfolio in a short period of time. But when they need some financial help, they have nothing else to do.   So they are forced to break the investment. And it's been a tough time for investors.
Are you really accurate with your year of reference mate?

Of course those that invested into Bitcoin at 2010 have invested into it for 15 cool years and are already long-term investors and can possibly live off their investments.

Let's suppose someone who invested as little as $500 into Bitcoin as at may 2010 when Bitcoin was $0.01 or less, that person must have accumulated a whooping 50,000 BTC currently valued at $4.8bn, of course if that person have been holding since 2010 and never sold, then he should have every right to take profits and even live off his Bitcoin investments. It's quite a great fortune he's amased for himself.
Was there a time bitcoin was traded in exchange or open market at $0.01 per coin? I think you need to check your facts right because the time bitcoin became notably traded was when it was around $0.35. Other times the prices were arbitrary that was why Laszlo Hanyecz bought two Pizzas with 10,000BTC. At that time, I doubt there was anyone confident to put $500 into bitcoin because most bitcoin then were given away in faucets just to create awareness. Like I said, recheck your information so we can be logical in drawing conclusion.