My Bitcoin Story -- This is why you HODL

During the Christmas of 2012, we teamed up with Bitcoin Black Friday to be one of the first apparel companies to accept Bitcoin for purchases. We had no idea if anyone would actually buy anything with their bitcoin, but we were new and small and we were looking for ANY revenue streams. There were a couple of great processors that we knew we could convert back into dollars quickly and not lose too much money if the price of bitcoin went down (Laughing at this thought right now).

The price at that time for a bitcoin was around $13 each. We had more than 2000 coins come through the website that Christmas. We talked about holding them, but then bills and running a business got in the way. Today those 2000 coins would be worth $22 Million dollars. If only we had held on. Anyways, i do own Bitcoin today, but only a fraction of 1 bitcoin. The irony of that is so funny. Now I buy and hold, but holy cow what if! :)



Submitted August 21, 2020 at 01:25AM by rememberdan13 https://ift.tt/3l3DkO9

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