Quote:
Originally Posted by Rainger99
There are reports that an anonymous person who made a $7,800 investment in bitcoin in 2011 has just touched their wallet for the first time in 14 years…He’s now worth $1.1 BILLION. At the start of 2011, a bitcoin was only $.30 and only reached the dollar mark in February 2011!! It is $109,000 today. I wish I had put $10 in bitcoin back then. And can anyone explain it??
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Sounds apocryphal to me: bought at the beginning; cashed out at the all-time-high. Any time an "investment" performs well there are reports of the few who, supposedly, made millions, but no mention of the many who bought high and sold low. Or the 99% of high-risk investments that disappear, worthless.
Stick with what you know, and sleep easy at night.