Reflections on a Bitcoin Journey: From $3 to $100,000 Back in 2012, I made my first Bitcoin purchase on Mt. Gox for $3 per coin. It felt like a big risk, but I believed in the potential. Not long after, Mt. Gox collapsed, and I lost everything. Despite the setback, I continued to invest methodically over the years, even at prices that seemed daunting – $2,000, $5,000, and beyond. It wasn’t easy, especially during moments like the 90% crash from $1,000 to $100 or from $19,800 to $3,200. Each dip tested my conviction, but steady, long-term investment proved its worth. Along the way, I had the privilege to build and contribute to this exciting industry through three ventures: • ATOMIC, a blockchain infrastructure startup that, despite its efforts, ultimately didn’t survive.. • Silver Castle, a digital asset investment house. • Altshuler Shaham Horizon, delivering institutional-grade crypto solutions. This journey has taught me that success is rarely immediate. It demands patience, persistence, and the courage to keep going – even when the path seems uncertain. As Bitcoin nears $100,000, I’m grateful for the lessons and opportunities this space has given me. Here’s to the future of innovation and perseverance. 🚀
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🚀 Dogecoin vs Bitcoin: Which is Better? Dive into this comprehensive guide to discover the unique strengths, investment potential, and community-driven aspects of both Bitcoin and Dogecoin. Whether you're drawn to Bitcoin's established value as "digital gold" or Dogecoin's vibrant community, this article provides insights to help you decide which might be the better choice for you. #CryptoInvestment #Dogecoin #Bitcoin #Blockchain https://lnkd.in/dpRHjthZ
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Are you thinking of considering cryptocurrency for your investment portfolio? Then this post is for you! ↳ With the increasing prominence of digital finance, cryptocurrencies have become an intriguing asset class for many investors. ↳ However, as with any investment, weighing the potential benefits against the inherent risks is essential. 💡Advantages of investing in Cryptocurrency ↳ High Returns: Cryptocurrencies like Bitcoin and Ethereum have demonstrated significant growth, with early adopters seeing substantial returns. ↳ Diversification: Including cryptocurrencies can diversify your portfolio, reducing overall risk by spreading investments across different asset classes. ↳ Innovation and Technology: Cryptocurrencies are underpinned by blockchain technology, offering transparency, security, and the potential for future technological advancements. 💡Disadvantages of investing in Cryptocurrency ↳ Volatility: Cryptocurrencies are notoriously volatile. Prices can fluctuate dramatically within short periods, leading to potential losses. ↳ Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving. Changes in regulations can impact the value and legality of certain assets. ↳ Security Risks: Despite blockchain’s security, the broader ecosystem, including exchanges and wallets, can be susceptible to hacks and fraud. 💡Suggestions to invest in Cryptocurrencies ↳ Research Thoroughly: Understand the technology, market trends, and the specific cryptocurrencies you’re interested in. Knowledge is your best tool in navigating this complex market. ↳ Assess your Risk Tolerance: Only invest what you can afford to lose. Cryptocurrencies should be a small part of a diversified portfolio. ↳ Stay Informed: The cryptocurrency market moves quickly. Keep up with news, regulatory developments, and market trends to make informed decisions. ↳ Use Reputable Platforms: Choose well-known and secure exchanges and wallets to buy, sell, and store your cryptocurrencies. 💡Pro Tip If you finally decide to invest in cryptocurrencies, don't invest more than 10% of your portfolio value :) Follow Sujay U for more simplified content around finance. REPOST if you find it helpful 🔁 Stay Tuned & Happy Learning!! #investing #cryptocurrency #diversification #blockchain #linkedin LinkedIn, LinkedIn Guide to Creating
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We are definitely at a precipice and todays trading is reminiscent of 2021 in parts. For many the penny is dropping. There are only 21 million BTC coins and almost 20 million are already out there. With only 2% of the worlds population owning Digital wallets currently, what will the demand for BTC be when just 5% of the population owns a wallet!! Still think it's overbought? #cryptotrader #cryptocurrency #wealthmanagement https://lnkd.in/epQZHCNd
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