theeverythingbubble

Bitcoin: Think About Just Buying And Holding

INDEX:BTCUSD   Bitcoin
I wanted to post this to give some perspective, and to give some history of my experience with Bitcoin. I have spent so much time analyzing price, the charts, watching YouTubers trying to figure out which way price is headed. I bought and sold, bough and sold, bough and sold... over and over again only to lose money to trading fees and lost opportunity.

In hindsight, if I had just put about $10k into Bitcoin when it was under $1k, I would have 10 Bitcoin to this day. Through the ups, and through the downs.

Back then an average Joe could purchase a whole Bitcoin , or maybe even a handful. Those days are gone. Now most people can't afford to buy an entire Bitcoin.

I've heard it said that the number of people who own an entire Bitcoin will be rare, and that those who do will one day be rich.

Time will tell, but look at the chart. Let it speak for itself. Will it go to $20k? Maybe. Do I care? No. BTFD.

From one who has been through years of Bitcoin price volatility.

***Not Financial Advice***

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