Post
Topic
Board Bitcoin Discussion
Re: Living With Bitcoin’s Ups and Downs Over the Years
by
BitGoba
on 14/09/2025, 07:04:34 UTC
When I first discovered Bitcoin, every move in price felt like a life-changing event. A $500 drop made me panic, a $1,000 pump made me think I was set for life. Over time, though, the way I look at it has changed.

These days, I see Bitcoin less as a quick way to make money and more as a long-term habit. I don’t check the charts constantly anymor, it just sits there like a piece of my financial routine, the same way people contribute to a pension or keep a savings account.

What’s interesting is how the excitement has shifted. For me, it’s no longer about chasing the next all-time high, but watching how Bitcoin slowly becomes part of everyday conversations, companies, and even policies. It feels less like an experiment now, and more like something permanent.

I’m curious if others here have gone through the same cycle, from price obsession to simply viewing Bitcoin as part of the background of life.

I first heard about Bitcoin, I think, back in 2012 on som forum. Someone posted an affiliate link to an exchange and said that everyone should buy Bitcoin because it was something important and would be worth a lot more. I remember clicking the link, seeing the price was around $12, and then leaving the site thinking, What kind of nonsense is this? Someone just wants to make money off an affiliate link.Later, I came across articles saying that Bitcoin had surpassed $100, then $700, but nothing really caught my interest. I didn’t feel motivated to try to understand what it was all about until 2017, when Bitcoin passed $2,000. I bought 1 Bitcoin like many others, thinking I would just trade and make a profit.

I tried trading and learning more about Bitcoin, but there wasn’t much reliable information. Most of what I found were narratives pushed by mainstream media how Bitcoin was for criminals, how blockchain was a great invention, and how it was all about trading and crypto hype.While trying to play the role of a trader, I lost a lot of money. The biggest drop I experienced was in September 2017, which I think was caused by FUD  triggered by China’s ban on Bitcoin. Bitcoin fell from around $9,000 to $3,500 but quickly recovered. I kept trying to trade but was mostly on the wrong side of the market.

Until some successful people recommended that I read the book The Bitcoin Standard. That’s when everything finally started to make sense, and I told myself, Oh my God, how could I have been so blind? How did I not see this earlier?And after that, I kept going deeper and deeper down the rabbit hole studying what money really is, the history of money, the evolution of money.

It took me a few years to truly understand what Bitcoin is.Unfortunately, Bitcoin is not easy to understand. Even today, many people still don’t grasp it and often lose their way trying to figure it out.

There are even Bitcoin Core developers who work on the software itself but don’t actually understand what Bitcoin is. If even they don’t grasp it fully, how can we expect regular people to understand it easily?