Bitcoin to $82,000 today? $BTC
If you put 2,000 US dollars into Micron $MU
in 2010, you would be rich today.
Here’s how...
Let’s run the scenario if, somehow, you did nothing and held it until now.
You would have about $3,250 in US dollars at the end of 2015
and do nothing
Then watch that $3,250 grow to about $13,200 at the peak in 2018
and still do nothing
Then watch that $13,200 crash down by almost half to about $7,300 in the late-2018 crash
and still do nothing
Then watch that $7,300 surge to about $21,400 at the peak in November 2021
and still do nothing
Then watch that $21,400 drop to about $11,600 at the lowest point in September 2022
and still do nothing
Then watch that $11,600 rocket to about $250k right now
and for some reason finally decide to do something...
So yes, $2,000 in Micron in 2010 would be worth about $250k today.
The lesson stays the same.
Everyone fantasizes about the final number.
Almost nobody can hold through the volatility to create that number...