Confessions:
I once bought 3,000 dollars of a shit coin…
I held it for a year and sold it for a total of 4,000 USD.
I moved the money to bitcoin and have no regrets….
The shitcoin then pumped such that my 3k investment was worth over 1 million dollars (with plenty of liquidity)
The mistake was buying it in the first place.
De verdad te paso eso? Uf 😯 🫣
It’s a slippery slope. That’s what draws people back to it and ultimately to wasting their time and money on betting with no interest in the underlying. Wise move by you 🤙
In 1999 I bought 1,000 shares of Apple stock for less then $1,000
Apple stock split 2-for-1 in the year 2000, so I then held 2,000 shares of AAPL
Sold all my AAPL stock around 2005 for $2.50 per share, just before a stock split 🤦🏻♂️
I’ve now had two decades of regret.
If I had held steadfast in my original investment…
bought 1,000 shares AAPL (1999)
(2000) 2-for-1 split = 2,000 AAPL
(2005) 2-for-1 split = 4,000 AAPL
(2014) 7-for-1 split = 28,000 AAPL
(2020) 4-for-1 split = 112,000 AAPL
112,000 shares of AAPL in todays value are worth… $19,600,000 🤯
🫂
2017 was the year of "10x" trades. You could realistically put in $1k and come out with $1m in 3-4 trades. Except when it all crashed and you were left with nothing lol.
