Since the inception of Crypto and mostly the father of crypto which is Bitcoin, there has been no doubt a rollercoaster of emotions, price and many others.
The Inception of crypto seems not promising to a lot of people but as time went by, more and more people got interested in what was going on and wanted to be a part of something so great.
Bitcoin was created in around 2009, I'm not quite sure what the month and day is, but we know it came into existence at that time. In 2009 bitcoin was literally trading at $0.00099, with the current price of bitcoin I'm sure nobody would have believed there was great potential to it at the time.
Imagining owning about a dollar worth of bitcoin in 2009 without selling till now. The money would have increased to about 1,111 bitcoins which is equivalent to over 32 million US dollars, isn't that a fortune, hehe.
I doubt any business outside cryptocurrency can build a milestone as large as that in a little over a decade. From a dollar to 32 million dollars in ten years is a big and profound achievement. If it was calculated when bitcoin was at its all time high of over $60,000, I will leave that for you to calculate, hehe.
Back to our discussion on the rollercoaster of crypto. After its inception in 2009 it moved to a lot of prices, mostly going higher from its inception price. But at the same time getting higher or lower at any time.
It is without a doubt that crypto is a total rollercoaster and even now we are still experiencing it in prices and of course a rollercoaster in price is a rollercoaster in emotions.(Let me explain).
Since Bitcoin inception, investors of bitcoin have been on a rollercoaster of emotions as they invested into it, so when the price drops or get high, investors are on a roller coaster of bad or good emotions respectively.
Investors who saw the potentials of crypto a long time ago are the real beneficiaries of the crypto rollercoaster. An investor who invested even in 2015-2019 has still benefited a lot from crypto.
Why did no one pay attention to it at first? I would say people tend to ignore or pay less attention to what they aren't familiar with at that time but in the world of possibilities now, many do not waste info and updates of new things rather they pay more attention to it and try to find their way in it.
Though we might be in a phase of a bad rollercoaster of emotions now as we have experienced an all time high in 2020, I still believe a good rollercoaster of emotions are still coming because there is a bull run on its way.
I would love to hear about your days of roller coaster of emotions as I have had mine a lot times too.
There is no guarantee of having a steady emotion in the crypto space as price keeps changing every second, minute and day.
I can only wish we could sit back and enjoy the ride as there is little or nothing we can do about the price's ups and downs.
