Bought my first Bitcoin

in #thanks4 years ago (edited)

Exciting times for 1337bill! I've just taken the plunge into the world of cryptocurrency and have purchased my first bitcoin among other assets. Here's a breakdown of what I've bought and my reasoning for it. Hopefully, you get a kick out of a complete novices logic for buying bitcoin.

Bitcoin - Everyone says it going to the Moon! Max Kaiser reckons it's going to be $220,000 by the end of the year so fingers crossed. I bought at about $36k so that will be a very nice return for a years investing

Etherum - I noticed a few people on reddit thought etherum was better a better technology than bitcoin, but bitcoin was just more popular. Here's hoping one day that better technology results in a higher price. I bought in about 1.2k and heard it might be going to 20k

Chainlink - Although i know nothing about this coin I read, on reddit again, that this coin was tipped for greatness. Never one not to jump on a bandwagon, I thought I'd take a few slices of Chainlink to see what happens. I bought it at $17 and it seems to be doing the best so far.

Stellar Lumens - This one had a cool name and was very cheap. I thought it'd be nice to own a few 100 of a cryptocurrency in the hope that it reaches bitcoin levels in 10 years. I bought it at £0.2086 so was able to stock up on plenty.

So there you have it. Feel free to laugh and make fun of the stupid decisions I made, or for buying bitcoin close to it's highest ever price! And don't worry everyone, if there's one thing i've learnt in my short time trading, it's that you need to HODL!