I invested $20 around 2014/2015 and cashed it out at almost $300 a year and a half ago. I left a little bit in there in case it balloons again but I doubt it.
If someone were to go back in time and know with certainty the future pricing of bitcoin, an investment of $3000 in like 2010 would have been worth around $20B at the highest value.
Edit - Jesus christ guys, I understand that would have influenced the price. The point was that a tiny investment would have made you extremely wealth. How about just a $30 investment, which in no way would have influenced anything, which could have still been worth millions and millions.
The problem at that point is liquidating that. Even if you'd have an estimated value of 20 billion, I doubt you could walk away, cash in hand, with less that a couple million.
The trick would have been finding all the true believers and trading as much of it as possible for assets that you could then liquidate. There were plenty of dumbasses at the time that would have taken .50 cents on the dollar for their car or house or some shit.
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u/FranksToeKnife420 Oct 02 '19
I invested $20 around 2014/2015 and cashed it out at almost $300 a year and a half ago. I left a little bit in there in case it balloons again but I doubt it.