Quote:
Originally Posted by jscott
Thanks a lot Paul 
it sure takes a unique type of person who bought back in $xx range and still hanging on today 
Completely agree  |
When you're right you're right!
Franck first and then you have been right, you where/are both completely and utterly adamant that this thing was a buy and hold. Even today I'm not 100% convinced of what it will become and prefer to trade it (which has made me less than if I just had of bought it and kept it.
In March/April 2013 I had $30,000 I was considering investing in Bitcoin, in the end I invested around $1000 and I lost it trading it on MtGox. I never ever ever would have had the conviction to buy it, put it in cold storage and just keep it long term.
Instead of loosing $1000, I could have lost $30,000
The great thing is though, it's never too late. In the past month doge coin has done a 10x (although it's clearly a shitcoin)
Some of the DeFi projects have done a 30x this year, Ethereum has done a 20x over the past 12 months.
Once the SEC case against Ripple/XRP is either dropped, settled or they pay their fine, it'll most likely do a 10x too in the next 3/6 months