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The price of Bitcoin in 2015 was ~$350. To have significant losses after buying at that price point would have taken very serious skill.
by icelancer 3y ago
The price of Bitcoin in 2015 was ~$350. To have significant losses after buying at that price point would have taken very serious skill.
- beefield 3y agoCould you elaborate a bit the "very serious skill" needed to store your bitcoin in e.g. Bitfinex or CuadrigaCX?
- read_if_gay_ 3y agoSince it's apparently not obvious, long term holding your coins in a centralized exchange misses the entire point of crypto. Not understanding that takes some skill indeed.
- the_gastropod 3y agoOh, neat. So misplacing your hardware wallet also requires lots of skill. Gotta love that rugged libertarian individualism that turns bad luck into stupidity and good luck into galaxy brains.
- read_if_gay_ 3y agoYou mean to say you didn't make any backups?
- rightbyte 3y agoEach time it doubled you would have been a fool not to sell it. Holding is about the same thing as buying but with no transaction cost.