Hello dear reader, today I will tell you the story of Yash Sharma, a 19-year-old who thanks to Bitcoin 5 years ago bought his first 150 cryptocurrencies.
What happened back then? I’ll tell you the story now.
Yash says that he liked the bitcoin fashion and everything it brought with him.
In addition to that, he also liked video games a lot and used his first bitcoin to buy video games.
Luckily, says Yash, the stores gave him back the money and he kept his coins in his wallet.
Using his father’s debit card, I can acquire his first cryptocurrencies. A day like today for Bitcoin 5 years ago?
Bitcoin had a value of $ 4 USD approximately so the young Yash spent $ 600 dollars in total.
He also comments that if he had more money he could have bought more, but unfortunately he was a minor.
5 years back i purchased 180 bitcoins from a website called “BTCChina” at approx 4$ only because back then i didn’t had a debit card or credit card to purchase so i used to purchase bitcoins from my dad’s card and then shop for few gadgets from online stores which used to accept bitcoin !
¿A day like today for Bitcoin 5 years ago?
At some point i recieved a refund for some of my orders and it summed up to 150 bitcoins which i never had a look for 3–4 years after one fine day i realise i had balance in my oldest wallet and as soon as i saw the prices its still the same and as a kid i had my investments which made me a millionare today. I still hold those bitcoins with the greed that they grow to a million dollars each ! But now i store them in my TREZOR wallet safely.
When is the right time to invest in Bitcoin?
According to Yash, the best time to buy is when the market breaks or goes down.
Which, casually, happens every 3 months. When all cryptocurrencies fall by 20 to 40% it is the best time to acquire Bitcoin or altcoins.
In my opinion the right time to buy bitcoins is when the market crashes which usually happens twice in 3 months ! Where all cryptos fall more than 20% that is the time you buy and when the market cover ups you end up getting 20–40% straight gain dont be greedy and just sell out and wait for the next crash and then book your profit again ! Or exchange your crypto into some stable currency and then while the crash you can covert them again ! Try this technique and you will definately thank me in future for this.
These are the most important announcements in the 2018 consensus. You can also review our Consensus 2018 day 1 and Consensus 2018 day 2 reports.