Many people would make comments like i bought bitcoin at 6k, and then at 15k, then bought some more at 8k etc. I notice many people would mention this. First off, if someone was not aware of bitcoin and how it works, wouldn't most people assuming the people who say this are buying at least 1 btc each everytime they say i bought btc at 6k, then 15k and then 8k etc? Because the thing is someone could buy btc at 15k price but only bought like 500 dollars worth.
So do people who say they bought btc at so many different prices, i guess it really doesn't mean that much if they buy very little right? I mean you could even say i bought btc at 15k buy you bought maybe 100 dollars or even 10 dollars of it. So in essence, am i correct with this statement or not? Because serious how many people have the extra money to buy 1 btc even now? Most people don't even 10k in their bank account etc.
Well don't think about it in absolute terms, you say you bought at different levels just to have a general idea of how much profit you made until now. It's more like a feel-good thing rather than measuring actual fiscal performance, in my opinion.