"If I put $100 in Bitcoin in 2010, I'd have $730 million now."
No.
If you bought $100 of Bitcoin in 2010 and watched it go to:
$1k → $40k → $290K
and did nothing
Then watched $290K go to $26.3K
and still did nothing
Then watched $26.3K go to $2.5M
and still did nothing
Then watched $2.5M → $744K → $12.57M
and still did nothing
Then watched $12.57M deteriorate to $2.28M
Then watched $2.28M climb to $222M
and still did nothing
Then watched $222M shrink to $36.8M
and still did nothing
Then watched $36.8M surge to $730 million
and then for some reason finally decided to do something…
Then yes, $100 in 2010 would be worth $730 million today.
I invested in crypto, it crashed.
So I switched to stocks, thinking they were safer. Nope, they crashed too.
I ran to gold and silver as the are safe havens right ?…They crashed.
Cashed out everything into dollars for stability…then the US dollar started tanking.
Finally the dollar calmed down a bit, so I put it into a fixed deposit at the bank.
Then the fucking banks started crashing.
Where the hell are we supposed to go?
Met a guy today.
Age: 24
Portfolio: $2 Million
Started investing a year ago.
Goal: To retire at 30.
I asked him how he has managed to build $2 Million at this age. He said he worked hard & convinced his dad to give him $10 Million and invested it all into crypto.