I've been in Bitcoin since $400 a Coin!

👋GM Valued Readers,

We posted a video late last night on YouTube as a short. A quick 13 seconds where Troy and I talk about how on my social medias, he was going back to 2014-time frame and saw a bunch of posts I was making about Bitcoins price. During that time frame it was the depths of the bear market. I’m so extremely grateful that my foray into the space was during a bear market and NOT a bull one.

The time frame referenced in this video, saw Bitcoin around the $400-$500 range. So, anyone (me included) stacking Satoshi’s at that price point, would still be up 80x or so, on their initial investment. Now holding for long time frames is EXTREMLEY difficult, and I myself have taken some profits along the way. However, since my first Bitcoin buy, I have NEVER owned ZERO Bitcoin ever again.

I don’t think the person that commented intended for me to love this comment as much as I do, but I am actually very grateful that this was said. It highlights the predominate investor mindset, and it’s what holds people back from accumulating wealth. Imagine if someone said the same thing about Tesla stock, the stock that made the richest person in world…..the richest person in the world. On December 31, 2014, it closed at $14.83, yesterday the closing price was $185. However, the all-time high for the stock was $407 at one point.

If you're looking for and EXPECTING to perfectly time tops and perfectly time bottoms in ANY market, investing may not be for you. Our advice is ALWAYS, find the things that you believe in, stack them up, and hold them for the LONG term. Taking some profits along the way is ideal as well. But this mindset of PERFECT investing, is silly and it’s holding you back.

If logging onto the computer and bashing others that have made good investments is your thing, cool, everyone has their things. If you want to actually make money in markets, start to actually study how they work and what ROIs are, how to achieve them, and make some wealth for yourself.

Sincerely,

Don Ranalli

Defion Productions

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