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Strategies & Market Trends : ahhaha's ahs

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From: GraceZ5/16/2017 3:31:15 PM
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Every time some asset class goes into a speculative frenzy you see articles where the author mentions how much an investment back in the beginning would have made, had you invested $10,000 in the beginning. Its sooooo easy to make money in hindsight.

Headlines like this:

Simply WOW: $10,000 Bitcoin Investment in 2010 Now Worth $200 Million, Gold $9,900

You can tell the author never thought about how ridiculously difficult it would be for an ordinary individual to hold such an investment unless they went into a coma shortly after they bought the coin and only emerged recently. Only very wealthy people, people completely indifferent to money, could hold something that goes from $10k to $200 million in seven years, especially considering that nothing goes straight up and BTC is no exception.
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