Credit: Original article published by The Capital.

A short story for beginners who didn’t practice the art of patience

Yesterday Bitcoin crossed its all-time high goes up to $50K. Whenever these types of events happen, the first thing that came to my mind was that “If there was a chance for me to buy Bitcoin 10 years ago, the world would be a better place for me than it is right now .”

Well, at least we now know the power of cryptos so we can apply its principles, but what about those who buy it when bitcoin was not much popular and still spend it very soon just because they want to buy something to eat or something to flex upon. (Well, today, Bitcoin is the Real Flex Shit, Bro!!!)

So let me tell you guys a real-life incident. On 22 May 2010, A Guy named Laszlo Hanyecz had 10,000 bitcoins. Yeah, that’s right, he has 10,000 Bitcoin at that time, but very early, he spends all of his Bitcoin making the first real-world transaction from bitcoin by buying two pizzas from Jacksonville, Florida.

He spends all of his 10,000 Bitcoin, an amount that would be nearly $750K, if he held it up to March 2013. Today 1 bitcoin is worth more than $50K, and if someone has 10,000 bitcoin right now, then… You Guys Can Do the Math, and I’ll just go somewhere and try to kill myself.

So what I am trying to highlight is, the most underrated skill that everyone ignores is “PATIENCE,” as I’ve elaborated above very clearly and not only for crypto but in every aspect of your life. Patience is something that creates a huge difference.

“PATIENCE IS THE ABILITY YOU COUNT DOWN BEFORE YOU BLAST OFF”

Pro Tip: Those who don’t know, Elon Musk had already put #Bitcoin in his Twitter bio, Tesla now accepts payments through Bitcoin, and Elon Musk is the Richest Man on Earth. Try to Decode the Chronology… 🙂

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Patience: The Key Element In Crypto World was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.

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#Bitcoin #Crypto #Cryptocurrency

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