You buy 5 bitcoins for $450 each in 2016. It’s what you can afford. You sell them for $10,000 each in 2018, timing it decently just before a bigger drop.
Congrats on your $48k.
Comment on bold words
Contextual_Idiot@sh.itjust.works 8 hours ago
Mine Bitcoin. Hold.
Serinus@lemmy.world 7 hours ago
Contextual_Idiot@sh.itjust.works 5 hours ago
Look at this youngin, turning 18 in 2016. Enjoy your knees and shoulders while you can.
2009-2010, you hear about this “Bitcoin” thing for the first time. You remember some old fart telling you about it years ago, but you had no idea what they were talking about and assumed they had mental problems. You decide to download it and start mining it, it doesn’t hurt anything. It just uses your CPU to mine them. You let it run and quickly forget about it. Eventually, you get tired of it slowing your computer down. You have a few thousand coins by now, so you shut the miner down and put your wallet somewhere safe. Then you forget all about it, until about 2021…
HeyJoe@lemmy.world 4 hours ago
That was me. Around 2009 I remember first hearing about it and trying to buy it and quickly realizing it wasnt that easy and seemed sketcky so i just said whatever… i wonder what I would have done if I did.
My 18 was also way before (2000) this so i hope i remember it for that long. And honestly life was good up until 2009 so i wouldnt really change any of that anyway. 2009 on could have used some improvements…
Clent@lemmy.dbzer0.com 5 hours ago
Bitcoin. 120k. 2025.