And yes from 2012 to 2017 my choice to not dca and hold cost me millions of dollars.
like,
anyone in this space since 2012 has likely left millions on the table (paper of course).. if
every decision was correct along the way. no errors at all.
but hey, as someone who also just figured it out as i went.. guess what? i had a blast and am bigly liking where i am now . even if i left potential profits along the way.. as i traded some for financial security.
worked for me anyway
I was once criticized by someone on these forums because I messed up my chance at being a billionaire. I’m actually ok with it because I didn’t go down the rabbit hole to become a billionaire or even a millionaire. I wanted to be a part of the creation of a fair and free currency for mankind. Things went better than expected, at least until Blockstream crippled BTC’s use case and now it’s a store of value… So I’m not sure why I’m still here. I guess I hope the community wakes up one day and realizes that until the New York Agreement is honored, Bitcoin doesn’t deserve it’s destiny and will continue to be a “store of value” until it becomes completely irrelevant.
i used it for currency from 2012 to 2017
I realized the mistakes made cost me a few million from that time slot.
the 2017 to 2021 was decent profits.
and 2022 to now is the best i ever did.
but it is not going to be a currency
and it looks like it is leashed and tamed as a store of value.
so whether i end up 200 or 300 or 400k ahead lifetime is the range i will be in.
to think it will go to 500 k in a cycle is not likely.
as there are no more cycles.