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I had and sold at $1k/BTC. Thought I made out like a bandit considering what I paid for BTC/had mined it using free resources. But my point stands: the idea th
by IgorPartola 5y ago
I had and sold at $1k/BTC. Thought I made out like a bandit considering what I paid for BTC/had mined it using free resources.
But my point stands: the idea that just because you had BTC at some point doesn’t really negate the fact that you had no prior knowledge. If you did, I bet you would have spent all your money and took out huge loans to buy more BTC at $2 or even $0.20. It’s a fallacy to think that just because you actually converted $ to BTC that somehow makes your lost opportunity cost more special than if you just held/spent $.