This thing called Bitcoin has really been on a roller coaster ride since it was born.
Just take the three years from 2011 to 2013—there were three roller coaster rides in that period alone. The first time it shot up 100x, the second time 10x, and the third time 7x. Exciting enough for you?
The saying "a day in crypto is like a year in the stock market" isn't just made up. Think it's exaggerated? I suggest you take a look at the candlestick charts of digital currencies over the years—you'll realize this statement is actually pretty conservative.
Back when Bitcoin first started, it was $0.0025 each—anyone could buy it if they wanted. And what happened? In December 2017, it shot straight up to $20,000. How many times did it multiply? 8 million times. That's right, you read that number correctly.
After that peak moment, the price started to go down. As I'm writing this, Bitcoin is hovering around $7,200. Even at this price, it's still gone up over 3 million times from the very beginning.
What does 3 million times mean? 1 dollar becomes 3 million, 10 dollars becomes 30 million, 100 dollars turns directly into 300 million.
This isn't just upgrading from a bicycle to a motorcycle—this is like a bicycle blasting off and turning into a spaceship!
Do you get it now? The only thing separating you from those early players who are now worth hundreds of millions might have just been a $100 ticket to get in. So never underestimate investing—seriously.
3 million times in ten years—those who got in early are probably still waking up with a smile every day. Speaking of familiar names...
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0xOverleveraged
· 12-10 00:53
If only I had bought some Bitcoin in 2011. It's too late to regret it now.
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SmartContractPlumber
· 12-09 21:41
These numbers might impress retail investors, but to be honest, a 3 million times growth curve like this inherently contains access control vulnerabilities—there were no security checks in the early stages, and anyone could participate.
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rugged_again
· 12-09 21:37
If only I had bought 100 bucks back then, I’d be a millionaire now. Too bad I was still playing on the NES at that time.
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BearMarketHustler
· 12-09 21:31
If only I had gone all in back in 2011, I wouldn't have to grind for a living now.
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NotFinancialAdviser
· 12-09 21:27
If only I had gone all in back in 2011, I wouldn't have to work now, haha.
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PretendingSerious
· 12-09 21:26
I should have sold everything I had to buy crypto back then. Now I regret it so much, haha.
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LiquidityWizard
· 12-09 21:12
actually the math here is statistically significant but... theoretically speaking, survivorship bias is doing *heavy* lifting in this narrative. like yeah 8M multiples sound great until you run the correlation analysis on all the coins that literally went to zero, you know?
This thing called Bitcoin has really been on a roller coaster ride since it was born.
Just take the three years from 2011 to 2013—there were three roller coaster rides in that period alone. The first time it shot up 100x, the second time 10x, and the third time 7x. Exciting enough for you?
The saying "a day in crypto is like a year in the stock market" isn't just made up. Think it's exaggerated? I suggest you take a look at the candlestick charts of digital currencies over the years—you'll realize this statement is actually pretty conservative.
Back when Bitcoin first started, it was $0.0025 each—anyone could buy it if they wanted. And what happened? In December 2017, it shot straight up to $20,000. How many times did it multiply? 8 million times. That's right, you read that number correctly.
After that peak moment, the price started to go down. As I'm writing this, Bitcoin is hovering around $7,200. Even at this price, it's still gone up over 3 million times from the very beginning.
What does 3 million times mean?
1 dollar becomes 3 million, 10 dollars becomes 30 million, 100 dollars turns directly into 300 million.
This isn't just upgrading from a bicycle to a motorcycle—this is like a bicycle blasting off and turning into a spaceship!
Do you get it now? The only thing separating you from those early players who are now worth hundreds of millions might have just been a $100 ticket to get in. So never underestimate investing—seriously.
3 million times in ten years—those who got in early are probably still waking up with a smile every day. Speaking of familiar names...