I find it amusing that people always refer to the all time high when speaking of bitcoin. They never use the same nomenclature that is used for any other asset.
Since I bought my first group in 2013, its had an average annual compound return of 36%. I bought my first group for $88 apiece. I still own them. I would think that a price of $27k 10 years later is a pretty good return.
Telsa’s all time his was $409. It’s $257 as I type. But the stock folks usually only refer to a 52 week high.
I would never suggest anyone buy any asset as everyone’s plans and tolerance for swings is different. And, boy…there are swings in bitcoin. It was “fun money” in 2013 and I’ve harvested enough (and paid the taxes) so that it remains fun money.
But, keep an eye on it. It is likely to move significantly in 2024.
I bought my first group for $88 apiece. I still own them. I would think that a price of $27k 10 years later is a pretty good return.
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That was a great buy, it doesn’t get any better.
Well done👍