A Crypto trader said that after buying a cryptocurrency, the possibilities of an early bitcoin investor were only a few cents and till date are very few to become a billionaire to maintain those holdings.
Trader, known as TechDev, shot Under the notion that many traders could hold on Bitcoin (BTC) from their early days in an X post on Tuesday, which has been seen about 3.5 million times on the stage.
Most people will not be punished for catching
“If I put $ 100 in bitcoin in 2010, I will now have $ 2.8 billion.” No, “Techdev wrote.
The Post listed the brutal reforms of bitcoin over the last 15 years, saying that only a person with extreme decorating can be held on bitcoin investment, while it grows from $ 1.7 million, only then falls to $ 170,000, then to get $ 110 million, only to get it again to $ 18 million.
Although this argument has been done earlier, Techodev’s post triggers reactions in the crypto industry a few weeks after bitcoin on 14 July.
In the last 13 years, Bitcoin has recorded an annual growth rate of 102.79%, According For curv data.
While many people claim that they would be retired today. If they had invested early in bitcoin, many Crypto officials agreed with Techdev’s perspective on reality that most would not have discipline to organize long -term events.
Those who are known as “Diamond Hands” are strong risk tolerance with a crypto slang term for investors that hold through high volatility.
Bitcoin caught long -term “easier than” was “easier”
Crypto entrepreneur Anthony Pampino echoed a similar emotion. “everyone thinks Said In an X post. “easier said than done.”
Many of the commentators on Techdev’s post recalled that now it cost to procure thousands or even millions of bitcoins or lose access to old bitcoin wallets.
Connected: Bitcoin price echo 2024 pattern in which 50% BTC profit was seen: traders
Nibiru Chain Head of Ecosystem Eric Pinos Said An investor will have to make an option for years, not to sell every day, every hour, not to sell. ”
Other users argued that many of today’s bitcoin billionaires were those who bought early and forgot about their holdings, returning to their purse only once the property was widely adopted.
magazine: How Etharium Treasury Companies can spark ‘Defane Summer 2.0’
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
