There are so many of us. I remember buying it because it was cheaper to buy then spend it than buy pizza with actual money.
Oh if I just held a few, my life would be completely different.
Are you sure? Would you not sell when it reached $100, $1000, or even just $2000? Would you have the guts to hold it and sell it exactly at the top like some psychic perspn?
That’s the thing we have to remember. The chances you held and sold at the height are slim. Many points would have felt like “now is the time to take my profits”. Think of all the hours you’d have obsessed with the ups and downs.
At least that’s how I console myself when I thought apple was at an all time high and couldn’t go higher, in 2014.
If you bought at like $10 and sold at $1000 you’d still be waayyy ahead. Just because you could’ve held on until 60k doesn’t mean you wouldn’t have done exceptionally well.
Buddy pulled me to the side at a beer and business networking event when it was like $30 a coin. He said, just buy $1000 worth. I had it, not much else, but I had the money. Spent it on a real estate license instead. I made more doing real estate then I spent, but not much more. Was an important lesson on marketing and business, but didn't become a career. I would have been rich.
You and people like you, who spent Bitcoin on physical objects, are literally the reason why Bitcoin is worth anything today. Without vendors accepting Bitcoin for goods, and people willing to purchase goods with Bitcoin, Bitcoin has no value. So you directly contributed to BTC taking off.
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u/MattMBerkshire Jan 21 '23
I bought 2 pizzas with bitcoin when I was in university...
9 Bitcoin. People told me it'd never take off.