Bitcoin Investment: A Shift from Inevitable to Unavoidable
The author, a finance professional, initially dismissed Bitcoin as a scam in 2018, but after conducting research, they understood its potential and invested in it by 2020. They bought a small amount of Bitcoin as a side investment, and by 2025, they had sold some of their shares to buy a house, but they held on to their Bitcoin, which had increased in value by six times. The author realized that they had a vested interest in Bitcoin through their ETFs, managed funds, superannuation, and individually picked stocks, which all had Bitcoin in their ledgers.
Key points about the author's investment journey:
* Initially thought Bitcoin was a scam in 2018
* Conducted research and invested in Bitcoin by 2020
* Sold some shares to buy a house, but held on to Bitcoin
* Realized they had a vested interest in Bitcoin through other investments
The author's situation changed from thinking Bitcoin was inevitable to realizing it is unavoidable, as institutional investors add it to their ledgers. They decided to sell their other investments and become a Bitcoin maxi, and they encourage traditional investors to consider owning Bitcoin directly.
Benefits of owning Bitcoin directly:
* Having control over one's investment
* Not relying on institutional investors
* Potential for long-term growth
The author's experience shows that Bitcoin is becoming increasingly integrated into traditional investment portfolios, and it may be beneficial for investors to consider owning it directly.
Images/ Links: https://www.reddit.com/r/Bitcoin/comments/1j38gyw/unavoidable_inevitable/
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