Bitcoin value seems to be on the very heavy rise!
In essence, I never fully understood bitcoins until very recently. And I wish I had understood them right from when they began in 2008 or 2009. Because then I would be able to buy lots of them when their value was very low, and when their value jumped to the $2300 per bitcoin value it sits at today, I’d be able to set myself for life by selling them all! Here is my explanation for why that is.
Back when I turned 18…
The year was 2012 on Day 6 of the month May. And the value of Bitcoins was inching its way from $2 per bitcoin to $13 per bitcoin. Given that I got plenty of American dollars as birthday presents back then, I suspect with what I got I could have bought perhaps 50 bitcoins over the course of the year of 2012.
Then Bitcoins became worth on average $168 each in 2013, and rose through 2014 to now!
So as I graduated High School, I got enough congratulations money to be able to buy 5 or 6 more bitcoins, based on just this average.
Next in 2014 bitcoins were worth about $670 each on average. This is when I got my grocer job in October of that year. Making about $90 a week net pay meant that on annual pay meant I could afford 6 or 7 bitcoins in 2014.
Then 2015 came along, and indeed the value dropped to $377 per bitcoin on year’s average! What a treat this would have been for me to act on, too! For I was making about $160 weekly net pay. Times 52 weeks for a year that means I could have bought 22 more bitcoins in 2015!
Naturally, 2016 for me was the year that came off obsessed on making my luck vary, slightly more often in positive ways, all year! Because my adamant backing of REAL 45th American President Austin Petersen (I wish he was!) all year had tons of payoff until the general election day when an inept bleach blond haired clementine defeated Austin. Also, for a truly relevant example to this topic, I was making enough that I could have spent on 17 more bitcoins.
What would I have now if I then sold my bitcoins right now after years of buying them up?
Frankly, these numbers of bitcoins would add up to, in total, 100 bitcoins. I could have then sold them for, given current bitcoin value, a total sum of $230,000! However, I would not instantly blow it all onto a high life. Instead I would likely budget it for a simple life (apartment, road bike, internet, my drawing stuff, my Bfme2 modding stuff, college) on an annual basis for a decade-long term.
How I will attain mass wealth early on instead.
Basically I am considering opening up a Patreon account for each of my different entertainment projects: my Battle for Middle-earth 2 (Bfme2) mod, my unique medieval-like fantasy mythology, and my multi-topic show on Vidme. And yes, I promise I will do a kind of ‘sequel’ to this post where I tell about what the Vidme show is about and also what it’s hosting site is about. Thanks!