It is now July 13, 2023, and ten years ago it was July 13, 2013. The Bitcoin price was right at the bottom of the bear market, around 440 yuan. The U.S. dollar price was $6.13 at the time. In July 2013, 10,000 yuan could buy 22.7 Bitcoins. Calculated at today’s 217,000 yuan, one Bitcoin is worth 4.926 million yuan. In a small and medium-sized city, you can probably only buy one apartment, which is not enough to completely change a person’s destiny.
The price of Bitcoin on the white paper day over the years:
November 1, 2010 - $0.2
November 1, 2011 - $3.2
November 1, 2012 - $11.0
November 1, 2013 - USD 203
November 1, 2014 - $338
November 1, 2015 - $312
November 1, 2016 - $697
November 1, 2017 - $6,441
November 1, 2018 - $6,318
November 1, 2019 - $9,190
November 1, 2020 - USD 13,790
November 1, 2021 - $60,456
November 1, 2022 - USD 20,686
Thirteen years ago, in 2010, when Bitcoin was worth $0.2, 10,000 yuan in 2010 could buy 8,156 Bitcoins. Today, one Bitcoin is worth RMB 217,000, which is worth RMB 1,769.85 million, or about RMB 1.7 billion. This level of wealth is enough to completely change a person's destiny.
Ten years ago in 2013, Changpeng Zhao learned about Bitcoin from a poker friend who was also a venture capitalist. The poker friend said: "Hey, Changpeng, if you invest 10% of your net worth in Bitcoin, if it rises 10 times, your wealth will double. Even if it doesn't, you will only lose 10 %." So, Changpeng Zhao soon began to get involved in different cryptocurrency projects. In 2014, he was very courageous and sold his house in Shanghai and invested $600 in Bitcoin.
In the more than 13 years since its birth, Bitcoin has been considered a Ponzi scheme, suppressed, banned, and died countless times. We have to go through the Mentougou Incident, the 94 Incident, the 312 Incident, the 519 Incident, and three rounds of bull and bear markets. It is very unlikely now.
There are only three possibilities for you to keep your original Bitcoin for ten years.
1. After buying 10,000 yuan in Bitcoin ten years ago, he was imprisoned for 13 years, with no reduction in sentence.
2. The previously lost wallet was found after ten years.
3. The knowledge is very high. I understood the principle of Bitcoin in 2010. He was like a god like Satoshi Nakamoto. He has held Bitcoin until now.
Most people have been dumped in the bull and bear markets and cannot persist until now. It is not because they have lost their private keys, lost all their money while speculating, been deceived, suffered a thunderstorm, made more than ten times their profits and sold out, etc., they have made it all the way to where they are now. There should be very few people who didn't leave.
The vast majority of people will not be able to wait until the number reaches 100 million or even greater. There are countless temptations that cannot be resisted by personal will. Of course, some people will sell and then buy later, but it is useless. Similarly, if they make a little money, they will sell again, or they will go out after a period of consolidation.
There is another situation, which is that you bought it and then completely forgot about it. Then a few years later, your original investment has become an astronomical figure. Of course, the problem is, if it is Bitcoin, you still You can't make a fortune because you will most likely forget all kinds of information and keys. Many programmers have keenly discovered Bitcoin, but in the end, after reaping hundreds of times profits on Bitcoin, they still end up regretting it for life because they threw it out midway.
It was not easy to know Bitcoin ten years ago. If you know Bitcoin, you may not understand its logic. If you understand its logic, you may not be willing to pay for it. If you pay for it, you may not dare to buy it with a full position. If you dare to buy it with a full position, you may not be able to keep up with the fluctuations. If you can hold on to it, you may not be able to sell it at a relatively high point if you can hold it in the fluctuations. After selling at a relatively high point and cashing out, there will be another investment, and you will have to face all the above problems again.
Don’t talk about what would have happened if you bought Bitcoin 10 years ago. It would have been good if you knew that Bitcoin existed 10 years ago. You also need to know how to buy it, where to buy it, who to buy it from, and how to store it. If you know these, you are an industry expert. .
All in all, if you invest in Bitcoin, long-term holding is a good return. I believe that after experiencing these bull and bear markets, investors will have a new understanding of Bitcoin.
There will be many fans in the group who will ask me, at the current price of Bitcoin, is it still suitable to buy it? Can it be held for a long time? The answer I give is: still yes. Not only can you buy it, but it is also worth planning for the long term and adding positions at dips. Compared with the returns in the stock market, you will be pleasantly surprised!
If you don’t believe it, try it now. If you buy 10,000 yuan of Bitcoin now, the coins you bought will still be there ten years later. If you are an ordinary person without much original capital, buying Bitcoin and Ethereum in the past would be enough to change your life many years after buying. If you buy now, the increase will be very small and it will only make your money easier.
If I had bought Bitcoin 13 years ago, it would have been enough to change my life, including a villa and a luxury car. I would also have used a small part of my funds to make altcoins and experience being a dog farm. a feeling of. Most Bitcoins will be stored in offline hardware chip wallets.
If I had bought Bitcoin ten years ago, I would have had less money, and most likely I would not have gone to work. Instead, I would have done self-media, traveling every day, writing travel guides, and at the same time researching the currency circle. Write some articles about the currency circle. You can live freely while making money and traveling. #荣耀时刻