 | In mid-2022, I bought 11 BTC at ~$20.5K for $225,000. A few days ago, I sold my entire portfolio for $1,002,000. The transfer from Coinbase to my BofA account hit today, so I decided to make this post. Do I think Bitcoin will hit $100K this year? Yes. Do I think it will continue its run in 2025? Yes. But am I gonna try to time the top? No. I'd much rather secure a guaranteed $1 million at this age than risk losing it by trying to time the market. I sold when BTC was $91K, and as I'm writing this it's sitting at $93K. So far I have missed out on \some** gains... and I'm sure I'll miss out on much more as the months go by. And that's okay with me. I hope everyone reading this KILLS IT during this bull market! P.S. For those who will inevitably ask "So how'd you get $225K at 22 years old then? Daddy's money?" The answer is no. I've been trying to launch dozens of businesses since I was 14. Some worked, most failed. So that money was basically my life savings from 14-22 haha. [link] [comments] |
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