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.

[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.

[AVE5]

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

I can't begin to draw this market to know what $10,000 worth of bitcoin would cost today after 12 year's of holding.
Investors that hold since then til now should had met a 3 times market cycle should multiplication of values won't just be minor but a huge one.
It's also good to see bitcoin value surpassing event major S&P 500 asset list which is also a tendency to prove it worth.
Bitcoin also is a store of value which is potential to return huge profits unpredictable but long term of such 12 years range is such an profitable investment planning long time plans.

[Obari]

Most times when I see post like this, I do think it is more of regrets about missing out from the past but what's the essence of regrets when we can't even learn from it ?
Bitcoin has done over $120k + and if today the price is at $60k which means it has gone 50% below is previous All time high price which is another great opportunity for us as investors to buy and share the privilege of holding

[atookz]

Most times when I see post like this, I do think it is more of regrets about missing out from the past but what's the essence of regrets when we can't even learn from it ?
Bitcoin has done over $120k + and if today the price is at $60k which means it has gone 50% below is previous All time high price which is another great opportunity for us as investors to buy and share the privilege of holding

That regret will always be there and remain and I experience it. Going back to 2014 when I believed that the price of Bitcoin would not be that big, the possibility of being hacked is high, and it was not that strong, had I known that it would get this high today, then I definitely would have not frivolously wasted it. At that moment, each time I had a Bitcoin, I always sold it right away, on the assumption that the price would not increase so significantly, and it is better to redeem my gains. But it did, and there is no use remorse over it. I have always thought that the price of Bitcoin was going to keep increasing since that time, and I have been seizing every chance to make money on it.

[davis196]

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

The 2014 price drop was nothing for Bitcoin compared to the 2013 price crash, when the BTC price dropped from 1300 to 200(if I remember this correctly), this is way more than a 50% price drop. Who called Bitcoin "the worst investment of the year" back in 2014? Do you have any link to the source of information? I think that nobody from the mainstream media was paying any serious attention to Bitcoin back in 2014. Most people were viewing Bitcoin as some kind of internet scam back then. I have doubts that anyone would've made any comparisons between Bitcoin and Apple or BTC and S&P 500 12 years ago.

[BlackBoss_]

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

The 2014 price drop was nothing for Bitcoin compared to the 2013 price crash, when the BTC price dropped from 1300 to 200(if I remember this correctly), this is way more than a 50% price drop. Who called Bitcoin "the worst investment of the year" back in 2014? Do you have any link to the source of information? I think that nobody from the mainstream media was paying any serious attention to Bitcoin back in 2014. Most people were viewing Bitcoin as some kind of internet scam back then. I have doubts that anyone would've made any comparisons between Bitcoin and Apple or BTC and S&P 500 12 years ago.

In many years, Bitcoin is the best asset in ROI but Bitcoin has its market cycle with bullish years and bearish years. It's not strange to have any year that Bitcoin does not have good ROI compares to other assets.

These articles and resources with charts, table are helpful to prove these points.
The Bitcoin Crash of 2021 Compared to Past Sell-Offs
Bitcoin bull market correction drawdown history.
Visualized: Bitcoin Returns vs. Major Asset Classes.

[JaanusRaim]

You can always pick and choose times and amounts to make things look the way you want them too.

Yes I buy and hold BTC
Does not mean it has been my best investment.

I would just add that there is a well-known saying in the markets: ‘Past performance is no guarantee of future results.’

In same cases we can even say that past good performance indicates future bad performance - the price has risen above its equilibrium (fundamentals determined) value.

[Lucius]

The 2014 price drop was nothing for Bitcoin compared to the 2013 price crash, when the BTC price dropped from 1300 to 200(if I remember this correctly), this is way more than a 50% price drop. Who called Bitcoin "the worst investment of the year" back in 2014? Do you have any link to the source of information? I think that nobody from the mainstream media was paying any serious attention to Bitcoin back in 2014. Most people were viewing Bitcoin as some kind of internet scam back then. I have doubts that anyone would've made any comparisons between Bitcoin and Apple or BTC and S&P 500 12 years ago.

You don't have a good memory, and you obviously don't even like search engines, because otherwise you would, say, find the information :

Warren Buffett is no fan of bitcoin.
“Stay away from it. It’s a mirage, basically,” he said on CNBC’s “Squawk Box” on Friday.

or maybe Tim Draper famous speculation that came true.

There were people back then who, if nothing else, realized that you could make a lot of money on Bitcoin.

[Zoomic]

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

Op wants to remind you to be faithful with bitcoin. Incase you have forgotten, the long term players on bitcoin are always the winners. Besides, we need this type of posts in this beer market that we are experiencing.

[pawanjain]

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

Bitcoin is quite a promising asset to hold for long term as it provides too good returns.
Doesn't mean everyone has the capability to hold that long. In fact, many people sell too quickly.
We need strong conviction to hold for a long term and besides that, sometimes there might come some need where we have to sell our coins.
I have been holding most of my coins since the beginning but on 2 occasions I had to sell some of my coins and so I did.
I never regret it because selling those coins made me meet my needs and that's what bitcoin is for.