When I am writing the post, Bitcoin is trading at $108K. If we go back 15 years, Bitcoin had been trading at $0.01 on July 4. If you compare the price difference, then it's more than 1B%. That means from the 4th of July till today, the Bitcoin price has risen more than 100%. Who had dreamed the price would go this high in 2010? This was really unimaginable—a 1,078,000,000% increase in 15 years back. This is a reminder of what the price of Bitcoin would be after the next 15 years. Especially a reminder for those who still don't believe in Bitcoin power.
Whoever intends to hold longer, it would inspire them how the Bitcoin price has been growing from the beginning till today. Sometimes I regret why I hadn't bought a lot of Bitcoin during that time, even though I had a lot of money to buy. Maybe some people will regret in the future why they didn't buy Bitcoin today. I found Bitcoin when it was trading below $3K.
What was the price your first purchased Bitcoin?
Let's share your experience. For me, I can't exactly remember, but it was between $2700 and $2800.
Yeah, the price difference is huge. It was worth a few cents in 2010 and years later the price of one coin reached more than 100K USD. This is phenomenal but I don't think that we will see such a rise in the future. The best time for Bitcoin was 2017 and then 2021. ROI was highest in 2017, it was acceptable in 2021 but today it's not huge and I believe that in the next halvings, we should expect less and lesser ROI because the market is already saturated. In 2010 and pre-2016 times, it was cheap because Bitcoin wasn't famous and little money was invested into it but today things are different. Btw I'm sure that one day Bitcoin's price will reach 1 million dollars but from that point, I'm sure that there will be no longer 100% ROIs. It will take us a few halvings to reach 1 million dollar price per coin.