The core point of this issue is not what was bought or how much money was spent, but 10 years.
If you spend 10 years doing something, what do you think will happen?
If you spend 10 years learning cooking, you will be a top chef
If you spend 10 years studying photography, you will be a top photographer
If you spend 10 years learning to write, you will definitely publish several books.
If you spend 10 years specializing in one thing, you will definitely become an expert.
The difference between a great person and an ordinary person is 10 years of focus.
The fact that you can ask this question shows that you have roughly understood the value of time.
Many people knew about Bitcoin 10 years ago, and many people knew about it 5 or 3 years ago. But few people bought it.
There are even fewer people who have achieved what they have today. How many people in the crowd can use a long-term perspective? How many people spend 10 years honing their skills?
Time makes most people become mediocre, but allows very few people to gain compound interest-like benefits.
Being mediocre and lost in the crowd, living a sloppy life.
Those who have spent 10 years honing their skills have already reached the stage of being a master but not a master. In their eyes, everything is simple.
The biggest difference between people is that some people waste time and make a living by selling time. Some people use time as a means of production, produce continuously, and then sell products to make money. This product can be capital or craftsmanship. More importantly, this gap cannot be made up by intelligence. No matter how smart you are, can you compare with someone who has studied in an industry for ten years? If this is the case, then people with average IQs will not rule the world.
Because time is the ultimate and only means of production.
Don’t talk about what would happen if you bought Bitcoin 10 years ago. Even if you spend 10 years to do anything, you can become a skilled expert. Will you not make money?
If you buy Bitcoin now and hold it for 10 years, you will definitely not feel anything now, but in my opinion, you will become a rich man.
This wealth refers to the accumulated value of your current investment in the next 10 years.
Buying is easy, holding on is hard.
Of course, whether you can hold it or not depends on your choice.