I applaud all of you who took a risk on this stuff and had it pay off for you. I could have bought it back when it was around $50.00 per, but the fundamentals looked to me then the same as they look to me now.
Other similar crypto-currencies came out subsequently, and who could say which one of these magic currencies would succeed and which would fail?
Congratulations to all who have ridden this thing successfully! :)
Fundamentals….you said fundamentals. LOL. There ARE no fundamentals with this.
Seriously, I took a flyer with $2800 I had laying around. I bought it one day for $110 apiece, and it dropped to under $100 the next day. I sold them. Then a week or so later I bought them back at $88…and just let them alone.
I never expected it to go this high.
In my “real life” I never talk about this with my friends because they would think I was nuts.
It makes going into retirement a little easier.
I was lucky and shrewd. That hasn’t happened a lot, so I recognize it and I am grateful.