The Crypto trader said the difficulty of buying the early bitcoin investor’s cryptocurrency when it cost only a few cents and to this day it is extremely low to keep these holdings to become a billionaire.
The trader, known as Tech Dev, shot the idea that many traders could hold BitCoin (BTC) from their opening days in an X -post on Tuesday, which has been viewed about 3.5 3.5 million times on the platform.
Most people will not be sure to hold
“If I put $ 100 in BitCoin in 2010, I will now have $ 2.8 billion. ‘ No, “Tech Def wrote.
This post has given a list of brutal reforms of Bitcoin in the last 15 years, which states that only one person may face only one bitcoin investment while seeing it beyond $ 1.7 million, then falling to 000 170,000, then to see Million to 110 million, only to see it only 18 million.
Although this has been argued before, the Tech Dio post gave rise to the crypto industry a few weeks after reached the height of Bitcoin on July 14 at a height of 3 123,100.
According to the crackdown data, in the last 13 years, BitCoin recorded the compound annual growth rate of 102.79 %.
Although many people claim that if they initially invested in Bitcoin, they will retire today, many crypto executives agreed with Tech Dev’s theory of reality that most of the long -term is not disciplined to keep long -term.
Known as “diamond hands”, people who do, a crypto -sleeping term for strong risk tolerance investors that remain through high volatility.
Bitcoin’s long -term holding “said easier than work”
Crypto Entrepreneur Anthony Pompeliano echoed similar emotions. “Everyone thinks they will have billions of dollars from money,” he said in an X post. “Easy to work.”
Many commentators at the Tech Dev’s post recalled to spend thousands or even millions of bitcoin on various purchases or to lose access to the old bitcoin wallet.
Related: Bitcoin price resonance 2024 pattern that saw the benefits of 50 % BTC: Trader
An investor has to choose “every day, every hour, every hour, year, not to sell,” said Eric Panos, head of the Economic System.
Other consumers argued that many of today’s Bitcoin billionaires were the ones who initially bought and forgot about their holding, only once the assets returned to their wallets after starting to adopt wider.
Magazine: How Ethereum Treasury Companies can give rise to ‘Defeat Summer 2.0’
This article does not have investment suggestions or recommendations. Each investment and trade initiatives include a threat, and readers should do their research when making a decision.