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BITCOIN What if you had bought at $100? Would you have held?

BITSTAMP:BTCUSD   Bitcoin
I've already analyzed extensively why I believe Bitcoin won't stop at the recently broken $50000 mark. This post is for entertainment purposes for the community so that it can take us to a nice relaxing weekend on a positive note, but at the same time make us think. Especially those who wish they knew about Bitcoin back when it was $100 each and wish they had bought it. Or even those who will always leave in regret as they never bought it, no price was good enough for them, and they will continue watching it as it rises and rises.

So the question at hand for the latecomers will always be this:

"What if I had bought Bitcoin at $100? I could have been a millionaire now".

Is that true? Would everyone who bought at $100, would have had the insight to hold? Probably not. And if not, where would you have sold? For the purposes of this fun simulation, let's assume that you'd bought 10 BTC at $100, a mere $1000 total investment, which is not much by any means, even teenagers with their pocket money can invest that king of money (true story, a lot of those Lambo youths are such examples).

Anyway, the simulation begins and as you see on the chart, the time-line is pretty clear. Where would have sold?

1) 😎πŸ’ͺ Bitcoin looks like a cool investment. Why not throw $1000 at it right?

2) πŸ›΅ Wow Bitcoin at $200! I can now buy that cool bike I always wanted! (Profit $1000).

3) πŸ₯€πŸ„‍♂️ Wow Bitcoin at $1000! I can now make that trip to Hawaii with the wife that we always wanted! (Profit $9000).

4) πŸš— Wow Bitcoin at $5000! I can finally buy that new sports car I always wanted! (Profit $49000).

5) 🏑 Wow Bitcoin at $10000! I am definitely paying off my mortgage! (Profit $99000).

6) πŸ€΅πŸ’² Wow Bitcoin at $20000! I am converting to dollars. That account balance certainly looks nice now! (Profit $199000).

7) πŸ‘΄ Wow Bitcoin at $50000! I can now finally retire a happy man! Who need to be working for that boss, right? (Profit $499000).

8) πŸ’°πŸ™‹β€β™‚οΈπŸ† Thinking of Bitcoin at $100000! I will sell for cash and achieve financial freedom! I am can do whatever I want! (Profit $999000).

9) πŸš€πŸ§šβ€β™‚οΈπŸ™ Bitcoin to the Moon!! I will never sell because I can!! Bitcoin is the new order! (no profit, you will stay with your BTC forever!!).



So tell me the truth, where would you guys have sold? Would you have had the insight to keep it until now? Would you have sold some and then kept some to sell higher? Or would you have panicked and sold on despair at the bottom of the Bear Market?

Let's all engage and identify ourselves with the heroes of this story and make a fun discussion in the comments section below!



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