I've been lurking here for ages, and looking back, I probably should have just stuck with holding BTC since I joined all those years back.
I've been trading like crazy over the last ten years, but now I'm just taking it easy, regardless of what happens in the market in the short to mid-term. Feels good to be back on this forum where it all started for me and probably for a lot of others too.
Emotions run high in this space, whether it's about the markets or friendships (shoutout to those degen friendships lol).
So something pretty wild happened today I got to chat with Mark Karpelès in a stream. You can really do some cool stuff in this industry. Not sure if I'm allowed to drop the link here, but just check out his X for the latest stream. It’s quite a story.
Anyway, WAGMI.
Welcome back.
For everything that did not work, we have the same retrospective justifications . Everything that worked out perfectly is totally another story haha.
You are right about short term trading though, it is just gambling on random noise.
Going back to where it all started, youre certainly not too late to do that.
I dont think its that bad to have experienced the other side of what it feels like to invest in altcoins, in a way, it builds your confidence in Bitcoin after all your odds have being broken and the one thing that stays consistent is Bitcoin.
The idea of trying out altcoins always stems from the fact that, we feel the opportunity of investing in Bitcoin is lost and the price has gone too high but, we often come to realize that, we were better off investing in Bitcoin and holding than trying to find this opportunities in altcoins.
Not late by any stretch, we are still in the beginning. Last block gets mined around the year 2140, maybe a few years earlier than that, if mining power becomes unpredictably stronger/advancements are less constant. Corn project is built with the future in mind, thankfully.
It's never too late to join Bitcoin market because Bitcoin still has very huge space for further development, adoption and growth from market mature to legality changes but surely I disagree with you that we are still at the beginning.
The majority of Bitcoin total supply was already mined by Bitcoin miners since 2009, so "still at the beginning" is no longer true. I agree that opportunities are still here, and big enough for people who no longer hesitate to invest money in bitcoin, and are able to hold their coins a long time towards the far future.
How is the 21M bitcoin cap defined and enforced?
The chart does not show that we're still at the beginning.
https://blog.lopp.net/content/images/size/w1140/2022/01/bitcoin-inflation-chart-1.png