Your Life After 10 years in Bitcoin...

[bitcoinsc]

i havent hodl bitcoin for 10 years yet. i believe if you hold 10 years in btc you will become very rich anyways. I believe it is good to hold some alt coins.. even if bitcoin or ethereum is rising. just stay true to the alt coin and you will be rewarded. one time i had bittorrent since the air drop. only 10$ at the time and now its worth 180$. I didnt even care about it. now thats some money right there. so I think if you hold some alt coins you will be lucky but hide the asset so you dont see the bear market n decide to sell.
During the 10 years learning to trade alt coins is really exciting and fun. and selling can be nerve racking. The entire space is growing in different spaces. I felt that i like ethereum more so i have a big bag. and i am waiting for a pay out..

[pakss]

How we feel? Everyone Alive?

[Bazzu]

   I haven't known bitcoin for 10 years  . , but until now I still have my bitcoin, and I plan to sell it when the bitcoin price is very high. to be honest, sometimes I always panic when I see the price of bitcoin because someone reports that the price of bitcoin will fall even deeper. but today I see the price of bitcoin has increased quite a good and of course this makes me excited again to hold bitcoin.

[Ale88]

Now bitcoin is preparing to reach another ATH. Are you still there and holding your bitcoins? What happened to your life after 10 years in bitcoin? Is there any changes?

Unfortunately I didn't know about bitcoin until a few ago, I wish I knew about it 10 years ago... Anyway since I bought when the price was already kind of high, yes, I'm still holding, it wouldn't make any sense selling now in these market conditions. I really hope we're close to the bottom.

[Doan Ha]

I haven't used bitcoin for such a large number of years. Maybe after using ten years I'll get good benefits of the same. Just after three years of bitcoin I got good fortune out of it. But, I wasn't able to make it benefit me. Once again I've started to accumulate my earnings targeting the next halving days. Hope to see a big change by then.

In the past ten years, I don't think I am a loyal user. Up to now, I have uninstalled the APP of the exchange and sealed my mnemonic. Looking forward to the bull market and restarting my wallet.

[ZoeSamantha]

When I knew about Bitcoin, it was nearly 70,000 dollars at that time, and now it is 20,000 dollars. This is a normal thing in the bull market and bear market. I have learned to hold the coins in my hands patiently. I think virtual currency will make My life is more fulfilling.

[lenexn]

For me, my current view on Bitcoin is to continue to hold, I will pay attention to the important news in the circle, I will pay attention to everything that happens, and I don't want to miss out on bigger profits.

[peter0425]

For me, my current view on Bitcoin is to continue to hold, I will pay attention to the important news in the circle, I will pay attention to everything that happens, and I don't want to miss out on bigger profits.

then your decision is perfect mate specially in this time now that the volatility really shows in effect and we are willing to keep the track and investment then do it with caution .
there are lots of happening in bitcoin circle but while you are paying attention then best to buy and buy more while the cheaper price is in the system.
don't be like others that denies that fact but suddenly when the market spikes? they will blame the market for not telling them what will comes next.

[Fiatless]

For me, my current view on Bitcoin is to continue to hold, I will pay attention to the important news in the circle, I will pay attention to everything that happens, and I don't want to miss out on bigger profits.

It might be better to have a long-term Bitcoin investment plan if your intention is to hodl. With this kind of plan, you don't need to listen to every news about Bitcoin. All you need to do is to keep your Bitcoin investment safe and wait patiently following your stated plans. Bitcoin traders are the people that need to be aware of the happenings concerning Bitcoin so that they would know when to sell or buy. The price is deep now which is the best time to buy and hodl more.

[kelechi]

Bitcoin was invented by the mysterious Satoshi Nakamoto in 2008 and released as open-source software in early 2009. It was gradually recognized by many until it reached a peak of $19,783 per bitcoin in late-2017.

From the beginning of bitcoin history I know that many people become rich instantly when they hold their bitcoins and sold at the highest price last 2017.  After the price of bitcoin fluctuated and dropped where many investors got scared and started to panic to sell their bitcoin even if they went bankrupt. But we cannot hide that bitcoin has changed many lives.

On the other hand, after bitcoin dump many are still investing, especially as the price of bitcoin gradually rises again. And due to the continuous development of bitcoin it has become more and more popular and attractive to investors especially to the rich and big companies.

Now bitcoin is preparing to reach another ATH. Are you still there and holding your bitcoins? What happened to your life after 10 years in bitcoin? Is there any changes?

Interesting how long it would take to reach ATH

[Ojima-ojo]

One fact we should get used to is the fact that bitcoin has changed its price many times and the previous all-time of 79k+ and this is after the price movement of 2017 which brought Bitcoin and other altcoins to the limelight 2017 are not only remarkable for bitcoin alone but that year was the year altcoin boom happens.

So even though the majority of those who become rich are from Bitcoin OGs and early investors,  quite a large number of others made so many profits from the altcoin craze that happen where many coins were pumped before the dump again.

The significant thing to note is that any investors at what ever point should take note of the entry price, if the price is extremely high, it is better to wait.

Avoid investing in altcoin, and the only way to become financially stable through Bitcoin investment is by investing fo in the long term.

[Zorigi]

I HAVEN'T known long bitcoin, so I haven't experienced 10 years in the world of bitcoin,
and now i still hold my bitcoin,
hopefully I'm not too late with my investment.

[JayJuanGee]

Here's my story!

First heard about Bitcoin at a cyber-crime conference in Prague from a guy from the US. It was mid 2010. .......

I have been trying to figure out how to edge into my perspective too, and my own awareness and getting involved in bitcoin is ONLY going to touch upon 10 years at the end of this calendar year.

I know that several times prior to November 2013, I had heard the word bitcoin, and around October 2013, I had an open tab on my browser for a bitcoin thread that I was supposed to "look into" what was bitcoin.. .. .so really my first real knowledge and attempt at exposure to information about bitcoin came in November 2013 - because I cannot recall if I had any kind of specific impression about what bitcoin was, except for having had seen  the word a few times in passing.

When I look through this thread, I see a lot of seemingly lame posts that hardly say anything meaningful regarding what members consider bitcoin to be or how they might have learned from bitcoin beyond some various superficial and vague conclusory descriptions that might say something like:  I learned a lot from bitcoin because the price went up and I sold all my bitcoin so I am feeling so good about bitcoin blah blah blah..

Surely, I can accept that the shorter the experience in bitcoin then the fewer experiences that a member would have had in connection to bitcoin, and perhaps even if the time exposed to bitcoin had been short then there might have been fewer abilities to reflect upon how there may have been learnings from those exposures to bitcoin.

When I came to bitcoin, I had some ideas about investing, and I had a bit of a budget, some free time and some desire to learn about bitcoin, because just from my first few weeks that I had read about bitcoin, I had considered that it might be able to serve some aspect of my investment preferences, and that was to hedge some of my dollar investments - but to hedge them in such a way that seemed like it could be better than a gold hedge... So when I first came into bitcoin, I had been exposed to ideas that presented bitcoin as more sound money than gold, and the discussion around that framing of bitcoin seemed pretty convincing to me.

Therefore my initial ideas in order to get price exposure to bitcoin was to establish a 6-month budget for myself, and to use that money to invest into bitcoin (in a front-loading dollar cost averaging kind of a way), and then to reassess that situation when it came close to the end of the 6 months to figure out if I had learned anything about bitcoin that would cause me to make adjustments in my approach.

Pretty much after the first 6 months investing into bitcoin and researching into bitcoin triggered me to largely end up extending my budget authorization to allocate a similar level of budget to myself and to invest another 6 months until the end of 2014 and then to reassess again.

Largely by the end of 2014 - I was in, and maybe there is a bit of a sunk cost fallacy on my end that was going through my practices, but largely from the first year into bitcoin I figured that I had largely reached a goal of having a 10% allocation into bitcoin as compared with other investments that I had at the time, which was similar to the same investments that I had at the end of 2013, so the main change was to just add bitcoin into my investments.. with around 10% allocated to bitcoin.

I am thinking that in late 2013, my decision to get into bitcoin was meant to have at least a 1-2 year investment thesis, and I was thinking in terms of the potential for capital gains to be long-term rather than short-term, but then also I was thinking about the possibility that I could end up staying invested in bitcoin for more than 2 years, but even at the time that I got in, I felt too uncertain about any kind of ability to make any kind of real and meaningful commitment towards how long I would be investing into bitcoin because any ongoing investment into bitcoin would surely have had been based upon my having to learn more about bitcoin and not to get scared away from whatever ongoing investment thesis that bitcoin might have.. especially given some of the seeming uncertainties of bitcoin and some of the ways that I was learning that it was different from other asset classes.

So really the longer that I have been in bitcoin and the more that I have attempted to study various aspects and angles, and there have been various informational battles over the years, I have not really been dissuaded from the strength of bitcoins investment thesis and I have continued to attempt to engage in various kinds of self-learning techniques in order to attempt to better be able to adapt my own financial and psychological circumstances so that I would be comfortable in regards to various methods that I have had to go through various stages of bitcoin accumulation and bitcoin portfolio maintenance and at the same time attempting to use this form as a way for me to both share my learning and to attempt to either learn from the ideas of other or to learn from my attempts to better present my ideas in this forum. 

I have not deleted any of my forum posts or even edited them (except maybe only a few in minor details.. and usually within an hour or so of posting to fix up the presentation or the grammar), so largely anyone who might be curious about my historical posts on topics can find them.. and every once in a while I can also explore to see if some of my views might have changed or some of the ways of my presenting the information might have changed.

So at the time that this thread started, I had ONLY been about 7 years into my bitcoin journey, so by the end of this calendar year I will be at my 10 year anniversary of being into bitcoin.

Surely the thread starter (Op) was a bit of a troll in starting this thread in which s/he hardly even followed through with the thread, but was largely just asking other members about their bitcoin journeys, wanting to target longer term bitcoiners, and seeming to have presumptions in regards to anyone who had been in bitcoin for 10 years would be rich blah blah blah.  Likely we can see from posts in this thread that a lot of members who are posting have hardly any fucking clue about the value in bitcoin coming from figuring out some kind of plan in which they should be attempting to accumulate bitcoin and not be selling very much of their bitcoin.  Of course, every member is going to have a different journey in regards to managing his/her various investments and cashflow in order to figure out some kind of balance of bitcoin that s/he can accumulate and have something meaningful to show after any 10 year journey in bitcoin no matter at what point that journey starts, it seems to me that part of the focus should be to attempt to accumulate BTC, even if the amount of BTC that can be accumulated might ONLY be a small amount and might ONLY build slowly over years and years and years, and perhaps by the time 10 years comes, there will be some bitcoin  that are still being held and there will be some value in those bitcoin

- even though of course, there is no guarantee that the bitcoins that have been accumulated will be profitable, even though it does seem quite likely that bitcoin was a great asymmetric bet to the upside 10 years ago, bitcoin has continued to be a great asymmetric bet to the upside for all times since 10 years ago, so long as you are holding your bitcoin for longer periods of time, and it is likely that bitcoin is going to continue to be a great asymmetric bet to the upside, especially for anyone who is following an investment plan in which they continue to accumulate bitcoin over 10 years or more.. and perhaps attempting to either build the number of their BTC stash but at least figure out some plans in which they are not selling too many of their bitcoin merely because the price went up... and of course, those are personal choices regarding if any of us are selling much if any of our bitcoin along the way or failing/refusing to adequately accumulate bitcoin, even if we might be able to project out a 10 year time horizon it seems that we should be thinking in terms of bitcoin accumulation rather than dumbass trading ideas or ways to sell too much of our bitcoin too soon.

[dothebeats]

Just a year more and I'll be in the decade-old club, although I've known bitcoin as early as October or November 2013. Fast forward 9 years, I'm still here, and have made quite the progress although of course, not a millionaire in any way. I think my journey has been pretty modest: I acquired more knowledge in economics and finance more than I acquire profits, and up until now it helps me in my decisions financially.

I'd still be buying and holding for more years to come, although I am certain that I will never be rich because of bitcoin. It is a good investment but I guess I'm not really lucky enough to be a part of the millionaire club even after 9+ years.

[JayJuanGee]

Just a year more and I'll be in the decade-old club, although I've known bitcoin as early as October or November 2013. Fast forward 9 years, I'm still here, and have made quite the progress although of course, not a millionaire in any way. I think my journey has been pretty modest: I acquired more knowledge in economics and finance more than I acquire profits, and up until now it helps me in my decisions financially.

I'd still be buying and holding for more years to come, although I am certain that I will never be rich because of bitcoin. It is a good investment but I guess I'm not really lucky enough to be a part of the millionaire club even after 9+ years.

Well, you don't necessarily need to have had become a millionaire in order to still have had profited stupendously from investing in bitcoin over the past 9 years or so.

Even if you had been fairly whimpy in your assessment of bitcoin's future potential, and perhaps you might have had a tight budget and limits in your abilities to invest into bitcoin, you could have put $10 per week into bitcoin starting from around the time that you had heard about it, and then you would have invested around $5k into bitcoin over the last 9-ish years and you would have been able to accumulate right around 5 BTC.^**  Of course, earlier years buying bitcoin would have been better than later years, and surely we could hypothesize in regards to whether you might have had been able to afford some higher level of investment.

**for sure, I wished the dcabtc.com website would be able to go back further than 9 years in order that more accurate numbers would be shown.  It does have some calculation inaccuracies, but still provides some pretty decent ballpark ideas in regards to buying BTC in small amounts over several years..

For sure a lot of the evidence seems to suggest that the longer that any of us has been into bitcoin, then the more likely that we would be in profits so long as we consistently did not sell our BTC and mostly concentrated on accumulating BTC (and holding through tough times).   Of course, you could have lump sum bought into bitcoin in earlier years, and likely even have had been way better off, relatively speaking, but it seems to me that overall people tend to be to whimpy and continue to be to whimpy to get started and to employ some kind of a regular buying of BTC in order that they are able to show progress over the years, and so surely you may well have had not become a millionaire in terms of today's spot price, but we can see from the numbers that I just outlined that millionaire status would actually have had come from the level of aggressiveness that you might have had been in terms of your DCA approach, so if $10 per week for the last 10 years would have had gotten you around 5BTC, then we could 10x those amounts to $100 per week for the last 9 years would have gotten you in the ball park of 50 BTC, which surely would currently be millionaire status and perhaps without any large struggle to be able to set aside $100 per week for the last 9-ish years.

By the way, prior to March 2020, I used to recommend that anyone with a western (or even somewhere close to a western lifestyle) get the fuck off zero by investing at least $10 per week into bitcoin, and I have also suggested to be as aggressive as you might feel comfortable in order to have the possibility of showing potentially better results (in the event that bitcoin were to have upside performance outcomes), so over the years, they could have had shown the kinds of results that I just described by getting active in terms of exercising some kind of a modest, persistent and ongoing investment plan into BTC, and I have never changed my recommendation, except after March 2020, I started to suggest that anyone close to a western style income should be investing $100 per week into bitcoin or more if they are able to be a bit more aggressive.. and surely no guarantees that past performance will be similar even though bitcoin's investment thesis does not seem to be getting weaker and it in fact seems to be getting stronger with the passage of time.

[Zilon]

I haven't taken Bitcoin serious not until i joined the forum. But yet those who were privileged to own Bitcoin 10 years back not all became rich. So many lost access to their wallets, some spent their Bitcoin in buying Pizza and some common commodities it could afford then only a few became rich. But with the sensitisation i think the goal now is to join the next wave to mark the next ATH. 10 years from now is not a guarantee Bitcoin will make new rich investors but definitely as many that will invest will stay in profit. 10 years is indeed a very long time to speculate and high possibility for price to stay far above it's present support zone.

[JayJuanGee]

I haven't taken Bitcoin serious not until i joined the forum. But yet those who were privileged to own Bitcoin 10 years back not all became rich. So many lost access to their wallets, some spent their Bitcoin in buying Pizza and some common commodities it could afford then only a few became rich. But with the sensitisation i think the goal now is to join the next wave to mark the next ATH. 10 years from now is not a guarantee Bitcoin will make new rich investors but definitely as many that will invest will stay in profit. 10 years is indeed a very long time to speculate and high possibility for price to stay far above it's present support zone.

O.k.  fair enough.  That is a fairly decent statement regarding your current understanding, and the fact that you are ONLY starting to have bitcoin on your radar, so I looked at your forum registration date and I see it to be October 2020, and so in that regard, what are you doing and what are you planning to do for the next several years, even if we say 10 years from your forum registration date would put us at October 2030.. and surely you do not need to commit to any plan that is locked in for that amount of time, but you could create a plan that takes you 1-2 years into the future that might be based on what you have already been doing for the past couple of years, and therefore when we get 2.5 years into the future, by October 2025 (that would be 5 years of you being on the forum, and half way to 10 years), do you have any ballpark idea where you would like to be and what kinds of plans, preparations and actions that you are taking to help yourself to get somewhere in the ballpark area of your plans. 

Another thing is that any plan for the future, whether short term or longer term should have better case scenarios and worse case scenarios contained therein and include attempts to project from practicalities that might be based on your current situation that involves resources that you have available and/or resources that you reasonably and realistically expect might come available (or disappear) during the time period in which you are projecting.. and surely there should be a lot more ease to project out in shorter periods of time,  so that the longer that any of us attempts to project out what might be happening with us in to the future will be filled with quite a bit more speculation and uncertainties and perhaps broader parameters regarding how such future happenings could end up playing out.

[bitzizzix]

March 16th this month, I'm only 5 years old in this forum, actually I was familiar with bitcoin before I came here, and before I came here I still lacked a lot of knowledge about bitcoin, especially in investing. And in the time I've been here, I've learned a lot and have a very developed knowledge of bitcoin and other cryptocurrencies as a whole that I probably never would have had before. And that makes me healthy financially and can also be used as a guarantee for my future or my old age, and also the future of my children.
I don't really care about my life after 10 years in bitcoin, because that's not my limit to get rich. And what's on my mind is, I'm going to keep doing it for as long as I can and until bitcoin gets really expensive and acceptable in a lot of countries, because with my goals I can still use it if I really need it, and it's real because we're going to use it unexpectedly.

[TravelMug]

And the OP was outlived by bitcoin, Lol, he is no longer active in this community but the thread he started though is crazy. I think majority of us here, their lives has change since they began investing on bitcoin and there could be more millionaires now, again thanks to the invention of Satoshi.

But I still think some of us are still in the journey, trying to live the lives that we all dream of and this could be accomplished through bitcoin. So it's not late to invest and think 10 years in the future.

[JayJuanGee]

And the OP was outlived by bitcoin, Lol, he is no longer active in this community but the thread he started though is crazy. I think majority of us here, their lives has change since they began investing on bitcoin and there could be more millionaires now, again thanks to the invention of Satoshi.

But I still think some of us are still in the journey, trying to live the lives that we all dream of and this could be accomplished through bitcoin. So it's not late to invest and think 10 years in the future.

Sure there can be variations in which benefits start to show for people early in the Bitcoin journey, but I doubt that a bitcoin journey is going to be automatically positive, unless there is a way to make sure that studying is done, planning happens, and there is execution that may well end up getting tweaked at various points in order to be able to learn along the way of the bitcoin journey.

Another thing is that anyone getting into bitcoin in the last 2-3 years, may well be feeling some pains and struggles, and similar things could be true for some folks who got into bitcoin as far back as 3-5 years ago, if they had been playing their cards badly, including some folks may have been engaging in leveraging and gambling practices that can be quite dangerous in terms of forcing the removal of coinz... It seems to me that a certain amount of prudence and patience tends to be part of many journeys that will then have better chances of improving various aspects of life conditions... attacks on bitcoin are not likely to stop, and battles in regards to bitcoin are not likely to stop, so in that regard, there are likely needs to prepare financially and psychologically for how those kinds of likely inevitable battles and bitcoin price volatility are going to play out.