Throw back 2014 Bitcoin experience.

[henry_of_skalitz]

Yes, many of us already knew that, OP Many topics were created with this exact meaning.. What would you want to make from it?

[Dunamisx]

In 2014, Bitcoin was called the worst investment of the year because it dropped over 50%

If you invested $10,000 in these assets back in 2014 and held until today, here’s what it would be worth:

S&P 500 → ~$30,000
Nasdaq → ~$45,000
Apple → ~$80,000 - $100,000
Gold → ~$20,000

The same $10,000 in Bitcoin?

Roughly $800,000 - $1,000,000 today

All these shows the power of bitcoin and the ability it has to produces results of its kind over time, not only that, but we have its advantage over other asset being more profitable and does not work the same way other assets are working, we cannot trust any asset except that they are productive and in this generation, bitcoin is far ahead any other and that is why we can see the massive increase from its adoption rate for several reasons.

[john_egbert]

^ It also shows a simple truth that fiat bloating causes the value flowing to different kind of things - stocks, shares, and BTC too - but only with it, we may achieve custody over the value we already have in our hands.

[sleepfirefly]

S&P 500 → ~$30,000
Nasdaq → ~$45,000

just to clarify, these two are stock exchanges not assets that are directly tradeable.

The same $10,000 in Bitcoin?

Roughly $800,000 - $1,000,000 today

bitcoin wasn't even valued at $1000 during 2014, its lowest was around $300 imagine if you just bought 1 bitcoin and kept holding, you would be swimming in riches by now especially if you are able to find the right time to take the money out when it is at its most profitable for you

[Plutomanian]

Often times when I see posts like this, I ask how many people who bought bitcoin in 2014 manage to hodl their coins for more than a decade of volatile history. The best thing anyone in the crypto space can do for themselves is to buy bitcoin and hodl regardless of the time period.

Those that bought bitcoin as early as 2014, what do we call them? Looking for the proper word, genius? They're so lucky and opportune to meet bitcoin at that cheap price and bagger more pieces of bitcoin. This is it, bitcoin is major project in cryptocurrency. But on the records, it'd not easy to hold bitcoin from 2014 till now because the market is just filled with volatility.

[Cryptomann4562]

The 2014 Bitcoin experience felt like being part of a tiny, experimental internet subculture. After the collapse of Mt.Gox during the Mt.Gox Collapse, prices crashed and many people thought Bitcoin might die, but the remaining community became even more ideological about decentralization and self - custody. Most users were developers, libertarians, or tech nerds running nodes, mining, and talking on forums like Bitcointalk. There were very few institutional investors, almost no mainstream media support, and buying BTC often meant using early exchanges like Coinbase or meeting someone locally. Looking back, it felt chaotic and uncertain - but also like discovering a new financial system before the world noticed 🚀

[rodskee]

Often times when I see posts like this, I ask how many people who bought bitcoin in 2014 manage to hodl their coins for more than a decade of volatile history. The best thing anyone in the crypto space can do for themselves is to buy bitcoin and hodl regardless of the time period.

Those that bought bitcoin as early as 2014, what do we call them? Looking for the proper word, genius? They're so lucky and opportune to meet bitcoin at that cheap price and bagger more pieces of bitcoin. This is it, bitcoin is major project in cryptocurrency. But on the records, it'd not easy to hold bitcoin from 2014 till now because the market is just filled with volatility.

i'd call them risk takers. don't know if some knew exactly what they were entering into or were they just lucky? regardless, they all still took the risk that we all wish we did. genius or not, sometimes you just need a little bit of faith and bravery.

[HajiBagi]

Often times when I see posts like this, I ask how many people who bought bitcoin in 2014 manage to hodl their coins for more than a decade of volatile history. The best thing anyone in the crypto space can do for themselves is to buy bitcoin and hodl regardless of the time period.

I don’t think there are people who bought bitcoin in 2014 and will still be holding by this time, even if there are people who invest back they will not be much, we are talking about one of the investment that people think it will not get to anywhere, out of 100% people that know about bitcoin now, 90% of people did not believe in bitcoin back then, there was a certain time that people who buy bitcoin decided to sell because the price was going down, those who truly believe in bitcoin back then and ready to take the risk are people who are enjoying their investment now because they sacrifice their time for what they believe and they enjoy it at the end.