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by tobitornottobit 3211 days ago
I bought a dozen coins at $100 a coin. I eventually sold when they reached around $800 per coin. My rationale was that I was far too obsessive about it, I checked the price every day, I read and watched articles and videos and kept up with all the drama. The amount of brain time I was spending on it was just too much. I would have remained a holder if I wasn't obsessive.

The technology and ecosystem is very interesting in many ways, buying into it is probably a good way to kick start your interest -- nothing better than having your money on the line to keep you engaged -- but who knows where it's going to be in 10 years. Which would feel worse: buying Bitcoin now and having coins worth nothing in 10 years, or not buying Bitcoin now and in 10 years looking back and thinking "I had the perfect opportunity and I didn't take it, I'm an idiot!"? I imagine for most people they'd take the risk and buy in (hence the price growth) but for me personally it's too consuming and that's why I'm out.

1 comments

Thanks for chiming in. I feel I would have done the same, become obsessed with the price every day. Not worth it in the end.

Seems the only reasonable way to do it is with 'fuck money', pardon the term. You know, money you happened to have forgotten about or came about that you didn't budget for.