Quote:
Originally Posted by offrdmania
Early adopters/miners of Bitcoin had an influence on the watch market because they bought/mined when Bitcoin was super cheap, when it was in the hundreds of dollars per coin or less and then sold at the top a few years ago when it hit 60K. Since that point, Bitcoin has been a bad investment because it has only come down and even this most recent spike has been minimal and unless you are dropping millions into it, your earnings will be small.
Those early adopters purchased luxury goods because at the time, this was the only category that would accept Bitcoin as a currency.
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Bitcoin is literally the best investment one could have made in our lifetime, and actually still is the best - arguably better than real-estate.