Since I was 17 I saved money working to buy bitcoin. I slaved at my job with closing shifts and put 80% of my money into ETH and BC. Now I am about to turn 20 and my 10,000$ I invested is worth 20,000$. Let’s just hope we’re all 5X richer by 2022 and I’m at 100,000$! Goodluck everyone :)
Edit: Thanks for my first Reddit gold!
What does this have to do with you? Everything. If you are fortunate enough to make a or have made a ton of money in Bitcoin, you need to understand why so many lottery winners end up broke. They have little to no idea on how to manage money.
Making a lot of money is not the same as managing a lot of money; People screaming about lambo's and how they want this and that, it's a stupid way to go about receiving the beautiful gift of bitcoin.
Avoid liabilities, gain assets.
If Bitcoin teaches you anything, be weary about spending tons of your money on things that can be replicated. Cars, clothes, tv's, computers. They won't make you happier.
During this journey everybody should be learning on how to gain, and hold onto wealth.
Edit: apparently the statistic isn't correct. Some some news spewing it around. Credit to u/itsnotlupus for pointing it out (Also happy cake day).
The point still stands though.
Am I the only one who has advocated for Bitcoin to their friends and family the past few years but have found their only interested now at an ATH? Lol
At $27,000 per BTC and $5/chicken, each Bitcoin is worth 5,400 chickens.
The global chicken market cap is 50 billion chickens times $5/chicken. That's $250 billion.
The Bitcoin market cap is twice that.
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