When Apple's Charts Looked Like Bitcoin's & What You'd Be Worth Today If You Had HODLed A Small Investment Through The Fall: Must See Charts From History

in cryptocurrency •  2 months ago

I read this morning two stock market charts of rock bottoming numbers that looked very familiar for what we're going through right now in Crypto. Then I realized company 1 was Apple.

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The author writes, "Most investors would probably panic and sell both companies after seeing massive drops like these. They also would be making the biggest investment mistake of their lives."

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He goes on to say that most investors would have panic sold in 2000. But for those who held on for dear life...

"Apple investors in 2000 who didn’t panic-sell and saw the big picture would have turned every $1,000 into $23,747,800 today."

Say what??? Everyone needs to hear that...

The second company is Amazon. Their numbers are even more astounding.

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"On its way to becoming the second-largest publicly traded company in the world, the online retailer took a 96% nosedive during the 2000 tech wreck. But investors in 1999 who had foresight and held during the crash would have turned every $1,000 worth of Amazon stock into $31,488,939 today."

Here's the full article:

https://www.palmbeachgroup.com/content/palm-beach-daily/why-you-should-still-bet-on-cryptos/43452/

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Markets go up. Markets go down. The article reminds us that it's normal.
It's the best news I've read today. So I thought I'd share.

Here's my blog on how I made the most of the bear market: https://steemit.com/cryptocurrency/@angelfish/how-the-bear-market-turned-my-finances-around-for-the-better

Are you ready to HODL for the long-run?

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Very encouraging article. When prices fall that low in company with good product and good business plan it’s a good idea to HODL. I also like your reminder that you only lose when you sell.

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Thank you.

Great.... but I lose 1k usd in nexo token . I bought when price was 30 cents . Now you can see the price :-( right now I feel like every logic is useless.

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You only lose it if you cash out in the FUD. This article is saying hang in for the long term. Today's drop won't matter if it's worrh $10 in 5 years. Stay hopeful.

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Yes I read it even the youtuber telling me same thing before 6 month who recommend me about nexo well that's why still I didn't sale out .

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