[ghaff]

When bitcoin was really cheap, purchasing was sketchy. And, as you say, any sane person would have dumped--and hopefully not been ripped off--as soon as the price climbed to a material level. It's not like you could just log onto your Fidelity account and buy and sell bitcoin. I know someone that, as I recall, their initial bitcoin purchase was almost like an in-person drug deal sort of thing.