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Topic: Exactly 1 year ago, 1 Bitcoin was worth +/- $125 (Read 1003 times)

legendary
Activity: 2124
Merit: 1013
K-ing®
September 29, 2014, 02:03:33 AM
#4
I'm holding my coins till time when i will buy beer in my localstore with BTC
legendary
Activity: 3512
Merit: 4557
Bitcoin is much bigger than last year too, reading Coindesk, Reddit, Blockchain for info whats going on at the background clearly tells me that Bitcoin is going to stay and will explode again.

After the next bull run are you able to buy a full 1 coin? ~$2k-$7k?  Well, not me anymore, im holding my coins for a long time Tongue


sr. member
Activity: 280
Merit: 250
Past performance is not blah blah bleh
hero member
Activity: 717
Merit: 501
Today, 1 Bitcoin is worth around $400.

So if you bought 10 BTC exactly 1 year ago, and told yourself: ''I won't look at the price or exchanges, I'll come back and see if my investment paid off 1 year from now.''

You would've been a happy man. $2,750 profit, no headache, no doubts, nothing.

I know, I know. The opposite would be the case for someone who bought it at $800 exactly 1 year ago (but we're not there yet).

Bitcoin did crash (1100-400), but if you look at it long-term, we're still waaay up.

Don't think about short term gains. Buy and don't think about it. Bitcoin will be between $7k and $10k within 4 years.

http://bitcoincharts.com/charts/bitstampUSD#rg730zigDailyztgSzm1g10zm2g25zv
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