@Stocker
How many people would have thought about this scenario happening 10 years back? I don't think anyone that invested $1000 in BTC would still have the funds now. But this is an eye opener for everyone of us about the financial stability BTC and crypto in general could give us if we have that patience. How much would you invest now in BTC and how long would you leave the funds?
3 comments
Another fact is if you invested $1000 in Bitcoin a year ago you would have less than $300
Yes and No scenario. It depends on the price range the person bought his BTC. If one person bought around $18000 before the BTC price peak at $69k, the person would still be in minimal profit now. But not same with one who bought at that BTC price peak. But we are talking about a 10 year period here. So in 10 years time, people who bought at $69k would be in profit too.
You're right..well time is best determiner..