Haha. I wish. I remember a mail in my GMX account back in 2010: it roughly said: „you can buy and mine token now.“

I asked: „token? For what game?“

Connecting games via the internet was a new strategy back then. It was the birth of new ingame business models at a different scale. Players could buy token to convert it in ingame items.

Since the answer was it wasn’t for a game. I didn’t look into it.

In 2013 I heard about BTC millionaires, discussed it with friends. Conclusion: if it is a threat to the money printing monopoly of governments they’ll shut it down. Also Warren buffet didn’t like it. Price collapsed. We were happy. We felt right.

Besides this „you need to store it on a physical device and remember an insanely long key, don’t write it down, memorize it, exchanges are not safe“ notion - it seemed too complicated to me.

In 2017 I purchased the first time - and guess what? Right at the top of the bubble. Buying was hard. Commissions were insane. I had a few ICO offers and thought: „who would be so dumb buying coins with no equity in the company?“ The entrepreneurs grinned.

Bubble burst. Price collapsed. I bought more in 2020 before the next halving.

That’s why I wrote this article.

We could all potentially be millionaires for just 42 dollars back in 2010. but - the majority didn‘t do it - herd mentality.

Buying at the top of a bubble and throwing it away close to the bottom of the „to be expected reversal to the mean“

And that hinders all success on the public markets and is the one thing people need to unlearn and re-learn in my opinion to make it on the market.