Quote:
Originally Posted by dino7c
Current Bitcoin Price
25,446.76 CAD
Remember when I told you all to buy because it would be over 20k by the end of the year and was mocked by many...something about Pepperidge farm. Page 29 is an especially good read
countin' these rocks bitch!
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I looked back through the articles and I the February 2020 you were advocating buying at 8 cause it was going to 20 so 200% return if you choose to sell.
If you cashed out of the Index at the start of Covid and bought the bottom you could have made over 50%. That one was easy to catch part of the wave.
Amazon is up 80% and Facebook are up 50% this year.
And if you had invested in Etsy you could have made 234%
So yes if you pick well as you did a single item and put a large portion of your portfolio in a single item you can have crazy returns. You just accept a large amount of volatility in exchange for the potential return. You just have to pick correctly. I don’t think you ever mentioned how much of your portfolio you put in Bitcoin.
Congrats on being correct though. Do you cash out now?