Posts

Showing posts with the label bitcoin technical analysis

Definitive Guide to Trading Bitcoin and Ethereum (new breakout alert!)

Image
If you invested in Bitcoin in 2015 at $300 and sold at the peak in 2021 at $64000 in April 2021, you would have made 200x your initial investment! Which is amazing. And it was only 8 cents in 2010 had you got in even earlier. That means had you just invested $10, you could have had $8 million dollars! I was thinking of buying some at this price back then, but passed on it, not knowing what bitcoin would eventually be worth. I regret it in hindsight, but nobody knew it would be worth so much. It was also a pain to buy them back then, and the process seemed very shady. The market where you could use bitcoins to buy things was associated with the black market and eventually got taken down by authorities, rendering bitcoins useless. People just threw away their bitcoins. We’ve got to keep in mind that it was never easy money for early bitcoin owners. Many of the people who got into bitcoin early lost all their money from hacker attacks. Others sold it early, or spent it to buy cheap it...