It wasn't exactly "overnight", they had to have mined/bought and held for long enough without selling. So many people sold everything they had when bitcoin hit $10 cents, $1, $10, $100, $1000, and $10,000, only to buy back in at a fraction of what they originally held.
Totally true. It sounds easy to say that that people just became millionaire overnight... IT took them years and holding for long a very clear vision of what they thought the outcome will be even when the nobody believed in it.
I disagree, people who held and forgot about it made a fortune, it was definitely not overnight. Some people doubled their money and then didn't come back in.
It wasn't exactly "overnight", they had to have mined/bought and held for long enough without selling. So many people sold everything they had when bitcoin hit $10 cents, $1, $10, $100, $1000, and $10,000, only to buy back in at a fraction of what they originally held.
Totally true. It sounds easy to say that that people just became millionaire overnight... IT took them years and holding for long a very clear vision of what they thought the outcome will be even when the nobody believed in it.
Yep I had hard drive fail (no backup of btc wallet) then purchased then sold. Then purchased then sold. If I held then I would have my lambo now.
damn... I believe something similar might happen with Steemits some years down the line... fingers crossed.
Well Said!
:)
I disagree, people who held and forgot about it made a fortune, it was definitely not overnight. Some people doubled their money and then didn't come back in.
Indeed, I wrote down the same here... It's not as easy as it sounds.
years ago yes, but nothing but losses since last December, crypto market is dead currently