Reflections on Bitcoin's Journey Since 2014

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GrimMinerSenior Member
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#1Mar 19, 2022, 08:02 AM
Back in 2014, Bitcoin was dubbed the worst investment ever after crashing by over 50%.
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atomicstackSenior Member
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#2Mar 19, 2022, 11:55 AM
If you had thrown in $10,000 in 2014 and held on tight, your investment would be worth $800k to $1M now. That's astonishing!
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wallet_vaultFull Member
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#3Mar 19, 2022, 01:04 PM
But honestly, I wonder how many folks actually held onto their coins through all that chaos for ten long years. The key is to just buy and hodl, no matter the market.
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samforkNewbie
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#4Mar 19, 2022, 05:55 PM
Just to throw a comparison out there, Netflix was only $6.50 a share in March 2014. After a couple of splits, that could have turned $10k into $8 million. Anyone can twist numbers to look good.
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WildWolfMember
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#5Mar 19, 2022, 08:40 PM
There's this saying in trading: past results don’t equal future gains. Lots of people bought then sold at a loss during downturns.
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davekingFull Member
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#6Mar 19, 2022, 09:52 PM
Everyone’s a self-proclaimed expert nowadays. If you take investment advice from random articles without doing your own research, good luck to you.
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gmfrensMember
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#7Mar 19, 2022, 11:16 PM
You gotta sell at some point to realize gains. It’s tough though. Hats off to those who held since 2014, and yeah, it sucks for those who lost their keys.
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Posts: 168 · Reputation: 182
#8Mar 20, 2022, 01:21 PM
Let’s not forget that Bitcoin holders also got bonuses from forks like Bitcoin Cash. Some stocks give dividends too, but people definitely underestimated Bitcoin back in the day.
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bull_defiSenior Member
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#9Mar 20, 2022, 03:34 PM
Did you jump on Bitcoin in 2014? If not, what are you doing now, knowing its current worth? Sure, it's dipped, but it bounces back!
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0xDefiFull Member
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#10Mar 20, 2022, 05:16 PM
These throwback posts usually focus on Bitcoin’s wins, but there are other profitable assets too. I used to wish I could go back and invest early.
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bull2011Member
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#11Mar 20, 2022, 10:13 PM
Your comparison really shows Bitcoin’s uniqueness. Stocks rise steadily with less volatility, while Bitcoin faces wild ups and downs. Surviving those rough patches really pays off.
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CalmMinerFull Member
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#12Mar 21, 2022, 07:41 AM
All the hodlers I know had decent jobs or other income. They managed to stick it through the tough times. It's hard not to sell if family finances are tight.
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max2017Senior Member
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#13Mar 21, 2022, 09:00 AM
Truth is, most people who bought in 2014 either sold for profits later or diversified their wallets. Not everyone is sitting pretty with the same coins.
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diamondhandsHero Member
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#14Mar 22, 2022, 02:45 PM
I feel you on the regret of selling. I started in 2017 and spent most of my BTC thinking I was clever... I wish I’d held on.
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planktonHero Member
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#15Mar 22, 2022, 08:40 PM
Just because people said it was a bad investment at one point doesn’t mean it always was. At that time, Bitcoin was still figuring itself out.
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0xRocketMember
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#16Mar 22, 2022, 11:41 PM
Investment crashes can feel like the end, but they often follow big peaks. Many who bought later in 2014 ended up just fine.
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quantumaltHero Member
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#17Mar 23, 2022, 03:45 AM
It’s usually the people who bought at the peak who end up bitter. Buying when hype is high is bad news.
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0xViperFull Member
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#18Mar 23, 2022, 09:54 AM
Investors from 2014 who still hold are definitely doing well. But losing access to your wallet? That's rough.
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r3al_ha5hNewbie
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#19Mar 23, 2022, 03:42 PM
There were many reasons people got into Bitcoin back in the day. I even had to spend some to cover daily costs.
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Posts: 227 · Reputation: 61
#20Mar 23, 2022, 03:54 PM
The past might make us think 'what if,' but we can still invest right now. Don’t dwell on the past.
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