Billion or 27 doesn't matter anymore. You can afford everything

A letter from Dan Morehead, head of Pantera Capital, dated 2013

In 2013, Dan Morehead wrote a letter expressing his desire to purchase 30,000 BTC at a price of $65.

Looking back, in May 2013, it was possible to buy about 156,000 BTC for $20 million, and a couple of months later, even 308,000 BTC, as the price had significantly dropped.

This drop caught Morehead's attention, and he decided to invest in Bitcoin, which turned out to be an extremely successful decision, as his holdings increased by 1000 times.

However, he could have earned much more because if he had sold his Bitcoins at peak values, his net worth would have been $27 billion, whereas by 2023, Morehead's capital is valued at less than $1 billion.

Unrealized profits can be very tempting, and even professionals sometimes struggle with their emotions. This shows how difficult it is to remain calm and rational when such large sums of money are at stake.