Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
i remember that it was my entry point too as i started at $10 went to ~$30 then down to ~$2. and it stayed low for a looong time as i recall. and i kept just kept mining even at a loss at times.. but interestingly thats where the bulk of my stash is from, those early mining days when only the dedicated kept running gears. obviously it paid of handsomely.
so tldr version: keep stacking
so tldr version: keep stacking
If you entry point was $10 then you must be a Bitcoin whale by now
sure if i had never spent any. but the general rule the wife and i came up with was back in 2011 when mining 1/3 was to be for repayment of the mining card, 1/3 was to electric, and the last 1/3 was to be "saved."
however, i, like many other who mined cheap coins back in the day, sold a lot of those cheap coins back in the day,
so, whale? haha no. im more like plankton.
Even if you have 1/3rd of that saved till 2017, you have got good return.
On the side, if you have spent those savings even then it's a good option that you have enjoyed your hard work. Life is short and we must make full use of money for our comfort rather then saving everything for our older age.