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I remember my freshman year of college 8 years ago watching bitcoin go from under $10 to $60 and back and forth. I never invested in it but I remember being in
by wyre 6y ago
I remember my freshman year of college 8 years ago watching bitcoin go from under $10 to $60 and back and forth. I never invested in it but I remember being in awe of watching its price skyrocket within the course of a day and come crashing down the next. Obviously I wish I invested in it but I blame naïveté. I wonder what would have happened if I read the whitepaper.
Last year while I was gaining unemployment money and had extra funds I chose to buy myself things instead of investing in crypto.
I finally got around to investing a couple hundred dollars tonight. Took me long enough. I sure wish that I invested any amount in bitcoin at any point I have known about it in the past 8 years.
Bitcoin is a fantastic way to hold value as long as it as viewed as valuable and its valuableness is being cemented further and further everyday. Bitcoin might be a bubble but with the shrinking of the middle class and a growing lack of faith in government, bitcoin is becoming a fantastic way to hold wealth and the demand is going to go up as the availability of new bitcoins goes down.
At this point I’m not convinced the price of bitcoin will ever be stable, but that’s okay.