I know this is one of those questions that always come up, but let's be real, how many people actually bought, lets say 100 or 1,000 BTC when the price was just $10, or even $100, and then held on until it reached $50,000?
A friend of mine from Croatia bought some back in 2013 when it was around $10 or $15, just before that first 'boom', and she even told me to invest.
I was about to buy 100 BTC, but I ran into some issues with the bank.
And honestly, even if I had managed to buy it at that price, 100 BTC for $10 each, I probably would’ve sold as soon as the price hit $50 or $100.
I would likely sell 50 BTC and maybe wait for it to reach $200 before selling the other 50.
That would’ve been it, I would’ve ended 2013/14 with a few thousand in profit.
Anyway, my question is, how many people do you know who bought BTC when it was just $10 and still hold some today?
It’s easy to look back with hindsight over a 10+ year period.
Realistically, I believe most people would have sold at least 50% as soon as they could double their money and then played around with the remaining BTC.
I guess that less than 0.00001% of holders actually held onto their BTC for 12 years without selling a single coin.
Of course, some do, but they are rare. It’s in our nature to take that higher ROI when we see it.
