Thanks for providing the link to the video and it was by bad not to provide so.
But yea, a lot of people always go like "if only I watched his vid back then, I would be rich right now!". Yea, no. Chances are, most of them would've sold after a huge crash. Fun fact, bitcoin peaked at around $1200 and dropped back down to around $220 in 2013.
Yes exactly holding for long term is really difficult for most of us that's why we see panic selling all the time market witness correction or dips.But managing your position is what really pays off which was my main point to mention.
Sometimes I wonder how many 2009-2013 forum users have held their bitcoins since then. That guy is an excellent example of a true holder who got rich after 7-8 years. I admire his patience, but I don't know exactly his story. He may sold many in the 2017 bubble and then accumulated more.
This is the actual power of holding btc investment that could truly change your life track although majority investors lack that.I also don't know his past story or his Bitcoin investments but just want to share with forum members his patience level so that panic sellers learn some holding lesson from him.That was my main aim.
Fun fact: If you invested $1 in Bitcoin back then, you'd now have $150. Reflect on it!
If we have a deeper analysis with share prices of different companies and other financial assets still the returns are quite well.Bitcoin investments have outperform major stocks and gold over these 10 years and data shows the true picture.But still the main point was not limited to $1 only but investment in Bitcoin was main aim of the video and we could have been on the same boat with him.But life's not easy and we miss the opportunities sometime but still we are not too late.The holders need to enjoy and panic sellers need to realise the importance.
