A few months ago, I was a little hesitant to invest in BTC and was looking for the price to go below 5000 USD again. That was my intention. I thought I missed all the opportunities when the price was below 5000 USD and even 10000 USD for that matter. I got this feeling only after seeing the price pumping over 15k USD.
I was having some BTC holdings with me before 5 months. I wish I held that forever. I swapped them for Hive on Bittrex and wanted to invest more in Hive. That is how I was able to quickly grow my account from 10,000 HP to over 15k HP now. I did make some by posting articles and earning from author and curation rewards but a huge share came by purchasing Hive from the market.
I was thinking that it was a great price to purchase the Hive at 22 cents. I made a few purchases at around 25 cents, then 22 cents, and then 19 cents. Beyond 19 cents I did not make any purchase. The main reason was also that I did not have any BTC holding with me. Now after seeing the price pumping and the FOMO that is being created about BTC in general, I have started saving up even a little BTC I get. There are a few sources from which we can get BTC.
Faucets can be a slow thing but at least it is good to keep them safe. In 10 years down the line, even 1000 Satoshi can be highly valuable. We are just in the starting stage of cryptocurrencies. When things start gaining speed, there is a high possibility that more whales would start investing and the first coin people would always focus on investing in BTC. One main reason is that most of the exchanges use BTC as their trading pair for all other coins as well. That helps in containing the value of BTC as well.
I have started accumulating all the BTC that I get from faucets and other earning opportunities. This time for a change this mBTC that I have been gaining is going to directly go into my BTC wallet instead of any exchange wallet. I'm going to slowly try and increase my holdings until I reach at least a minimum of 0.5 BTC. I know it is a big dream but still doable if I target 5 to 10 years for the same.
I'm not going to do any rapid investment into BTC to increase my holdings as the price right now is not very attractive to purchase and hold. Considering 10 years, it can be a good deal but I still feel that BTC will again hit 15k or 10k providing another opportunity for the investors to start investing in BTC.
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