Quote:
Originally Posted by opendoor
The funny thing is, you'd be way ahead if you'd pivoted to more "boring" investments a few years ago. If you have 11 Bitcoin, that's worth $580K CAD today. If you had sold that on the big run up 3 years ago at ~$70K CAD and simply bought an S&P 500 ETF, you'd have about $1.1M CAD right now.
Hell, even someone who sold for ~$20K 6 years ago in the 2017/18 peak and put that money into the NASDAQ would be in exactly the same spot today in CAD.
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I have 10 and as I have said the BTC cycle is something I think the price will more or less follow. BTC is still "cheap" IMO. This is a LONG TERM play for me. You say "big run up" like it will be the all time high forever, I see 200k-300k in the not too distant future.
I have also said no matter how strong you feel don't have all your eggs in one basket...I do own other assets. I was an early buyer of all big tech, apple, google, Tesla (sold), Nvidia, ect. and Oil/gas The thing that is not for me is huge market funds with hundreds of stocks, too many dogs for me.
Also a day trader of Crypto, which has allowed me to "retire" in my early 40s though I suppose posting on CP and market analysis is a bit of a job.
Honestly we know where everyone stands...not point in fighting over the same points. Lets see the price in may, 2025, 2030 ect. Then we will see who did what. I mean with hindsight it's easy to lay out the perfect plan that would have made more money...we would all be billionaires if it was that easy. I called my shot in this thread and have actually done it...so maybe I am up 500k and not 1M