
Ten years ago, in 2010, oneBitcoinThe price is only 0.0025 US dollars, which is less than a dime when converted into RMB. And in 2020, the price of Bitcoin exceeded 200,000 yuan. What is this concept? If you had spent $100 on Bitcoin ten years ago, today your assets would be as high as 1.3 billion, with an ROI of more than 13 million times! Doesn't that sound tempting? But the question is,If you really bought Bitcoin ten years ago, can you really make that money today?
Let's take a look at how Bitcoin has evolved over the past decade, see what it's been through, and why most people don't necessarily make a lot of money even if they buy Bitcoin.
Bitcoin's 10-year rollercoaster
2009-2010: The birth of Bitcoin and its first pricing
In 2009, Bitcoin's "founding block" was born, marking this brand newDigital currencyOfficially launched. In 2010, Bitcoin had its first real transaction, when a programmer bought two pizzas for 10,000 bitcoins. At the price of pizza at the time, the unit price of Bitcoin was set at $0.0025. A few months later, the price of Bitcoin rose to $0.08.
2011-2013: from $1 to $1242
In 2011, the price of Bitcoin topped $1 for the first time, and then gradually gained acceptance around the world. In 2013, the price of bitcoin soared to $1,242, surpassing even the price of gold at that time. However, with the introduction of regulatory policies by the People's Bank of China and other institutions, the price of Bitcoin quickly retreated, falling as low as below $500.
2014-2016: Hacking and market turmoil
In 2014, a Japanese bitcoin exchange was hacked, causing losses of up to $460 million, and the price of bitcoin plummeted by 20%. In 2015, the price of bitcoin fell to $152 at one point, but then began to slowly recover. In 2016, Bitcoin ushered in its second "halving", and the reward per block was reduced from 25 to 12.5, which paved the way for subsequent price increases.
2017-2018: From skyrocketing to plummeting
In 2017, the price of Bitcoin soared from around $1,000 at the beginning of the year to $20,000 at the end of the year, hitting an all-time high. However, 2018 saw a sharp turn for the worse, with the price of Bitcoin plummeting to $3,211 and many investors losing money.
2019-2020: From trough to new high
In 2019, the price of Bitcoin rebounded again, briefly exceeding $10,000. In 2020, the price of Bitcoin soared from $7,200 at the beginning of the year to over $29,000 at the end of the year, setting a new all-time record.
From 2016 to 2020, bitcoin has fallen by more than 20% 10 times, by more than 30% 7 times, and by half the price 4 times. This means thatIf you invest your own money in Bitcoin, at least 4 times you will lose money to the point of doubt。
To make matters worse, many investors do not invest their own money, but borrow money or even increase leverageCoin speculation。 For these people,It only takes one 20% drop to force them out and even go into debt。 Even if the price of bitcoin rises sharply in the future, it has nothing to do with them.
Go back ten years and can you really make money?
You might say, "If I bought Bitcoin 10 years ago and held it until now, wouldn't I have made a lot of money?" But is it really that simple?
The Weakness of Human Nature: Can You Withstand Fluctuations?
In 2013, when the price of Bitcoin rose to $1,000, could you really resist selling it? In 2015, when the price of Bitcoin fell to $152, you really wouldn't panic sell? The price of Bitcoin fluctuates so dramatically,Your mindset and decision-making ability are the key to determining whether you can make money or not。
The system determines destiny: changing the mind can change the outcome
Even if you go back to ten years ago and buy 100 yuan of Bitcoin, you may not be able to make 1.3 billion. BecauseYour mindset and life system determine your actions。 If you don't have enough awareness and patience, you can lose it in volatility even if you seize the opportunity.
It's like the crime rate problem in New York 40 years ago, even if you know all the criminal records, you can't fundamentally change the crime rate because it's a whole system problem. equallyThe fate of your wealth is also determined by your thinking system。 Only by changing the mindset can you really change the outcome.
Summary: How to:Currency circleReally making money?
The story of Bitcoin tells us thatInvesting is not only about seizing opportunities, but also about controlling risks and maintaining a stable mindset。 If you don't have enough awareness and patience, you may miss out on an opportunity even if it presents itself.
So, instead of fantasizing about "going back to buying bitcoin ten years ago", let's start now,Improve your cognitive level and establish the right investment mindset。 Only then will you be able to really make money in your future opportunities.
Finally, I wish every friend who reads this article can go more steadily and further on the road of investment!
Statement:The content of the article does not represent the views and positions of this site, and does not constitute any investment advice on this platform. The content of this article is for reference only and is at your own risk! Keywords: Bitcoin