Bitcoin’s Wild Ride: Why Only the Strongest Hands Survived
Bitcoin’s Wild Ride – A viral X (formerly Twitter) post by popular crypto trader Techdev has reignited a debate across the crypto world. Could you really have held Bitcoin from pennies to billions? Spoiler alert: probably not.
The post, viewed over 3.5 million times, dismantles the fantasy that simply investing 100 dollars in Bitcoin in 2010 would guarantee billionaire status today. According to Techdev, the journey would have required not just luck but extreme conviction to survive Bitcoin’s jaw-dropping volatility.
Bitcoin’s Brutal Price History Revealed
Techdev listed BTC’s roller coaster corrections over the years. From 1.7 million dollars down to 170 thousand, back up to 110 million, and crashing again to 18 million. Few could stomach such volatility without hitting the sell button.
The idea that someone could comfortably watch these swings and hold on is, according to Techdev, wishful thinking. Most people wouldn’t have the conviction to hold, he emphasized.
Crypto Industry Backs the Harsh Reality
Top voices in crypto agreed. Anthony Pompliano, a well-known BTC bull, said everyone thinks they would have held BTC from pennies to billions. Easier said than done.
Erick Pinos, head of ecosystem at Nibiru Chain, added that holding isn’t a one time decision. It’s a daily choice. You make a choice every day, every hour, not to sell, for years.
Interestingly, some early adopters who did strike it rich weren’t active holders. They simply forgot about their BTC wallets and returned years later to find unexpected fortunes.
