Crypto Quantum Leap

 The new Bitcoin technology was keeping its promise. Unless it got hacked or someone would find a fatal vulnerability in its software code it would probably continue to do well.So I took the plunge and bought a small amount of bitcoin at around $2-3.Bitcoin kept rising higher and by March 2013 I decided to take some first profits and sold 180 bitcoin at $37. It seemed like a prudent move at the time.After all, the price of bitcoin was up over 1,000% from where I bought it and had risen a crazy amount from its early days in 2009/2010.I was also still worried that the Bitcoin network might get hacked.So I pocketed a few thousand dollars only to watch Bitcoin shoot up to $181.

 Meanwhile, the average person hearing about Bitcoin thought they had missed the boat too! They looked at Bitcoin and saw a strange new form of money that went from mere pennies to well over a hundred dollars.Clearly the big money had already been made. It’s too late to get in now... or so they thought.That same year Bitcoin continued its relentless rise breaking $1,000. In those early days I always thought of a thousand dollars per bitcoin as a magic round number and probably a good time to take some more profits of the table. That’s why I sold another 148 bitcoin from my stash for close to one thousand dollars each.And that was...

My first six figure crypto payday:And once again, the average person thought they had already missed the boat because bitcoin came from nothing and was now valued at over $1,000.This spectacular rise to over one thousand dollars turned out to be too much too fast.Bitcoin crashed over 80% all the way back down to $200.Proof! For the average person... Bitcoin was done.

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