Why I don't panic during crypto price swings.

 If you haven't heard my story on how I own 400 Bitcoin at one point please listen to my podcast. The clifnotes are in 2009/2010 I own 400 bitcoin, dbled my money and moved on to other things. It wasn't until late 2011 when I bought Litecoin till I got back in. 



Morning Mountain Chat Podcast: Crypto

BitCoin History:
 
05.10.2009
official exchange rate was the following: $1 = ฿1,309,03 (so ฿1 = $0,00076). Satoshi weren't a thing. (one-hundred-millionth of a bitcoin); mining was something you did for he love of the blockchain not for the profit. Hardware and electricity bills were expensive.

Mid 2010:
$0.08 = ฿1

Late 2010:
$0.5 = ฿1

2011:
09.02.2011 - $1 = ฿1
02.06.2011 - $10 = ฿1
09.06.2011 - $31.911 = ฿1
12 June 2011 -  $10 = ฿1 (First major correction)

Late 2011:
$10 = ฿1

2012relative stability in the $8 range.

2013:
28.02.2013 - $31.92 = ฿1
22.03.2013 - $74.90 = ฿1 — a noticeable growth:
10.04.2013 - $266 = ฿1 — another noticeable growth:
02.10.2013 - $109.71 = ฿1— a steep decline to: (Correction Again)
06.11.2013  - $269 = ฿1— a rapid rise to:
17.11.2013 -  $503.1 = ฿1— another rapid rise to:


Late November 2013:
another rise to $1,242 for ฿1!
Then Bitcoin became really jerky:
02.12.2013 — a steep decline to $1,000 for ฿1,
17.12.2013 — a two-fold decline to less than $600 for ฿1! (Correction)
(No to dissimilar as 2017)

2014:
A meh! year for Bitcoin. 
1–5 January when Bitcoin rose from $770 to $950, then
February, it fell back to $700  
steady decline — by the end of December, it lost the foothold and fell as low as $310, 
that is, three times its highest (at that time) rate!

2015:
In mid-January, the rate had reached a new low of $177. 

3 March it gradually rose to $281. 
The growth continued until October 2017 and exceeded $500
but went down a little bit in December to the $355 range.

16 December, 2015, Bitcoin's exchange rate grew to $455.99

2016:
Bitcoin started with $500 in January;
by 15 June it reached $768

2017:
Bitcoin volatility has been shown in all its glory! Judge for yourself:
02.01.2017 ฿1 = $1,017
12.01.2017 ฿1 = $810
04.03.2017 ฿1 = $1,264 (Reaches above it's alltime high from 2013)
11.05.2017 ฿1 = $1,819
24.05.2017 ฿1 = $2,445
27.05.2017 ฿1 = $2,052
11.06.2017 ฿1 = $2,973
15.06.2017 ฿1 = $2,442
20.06.2017 ฿1 = $2,754
16.07.2017 ฿1 = $1,914
20.07.2017 ฿1 = $2,866
26.07.2017 ฿1 = $2,559
14.08.2017 ฿1 = $4,327
21.08.2017 ฿1 = $4,005
01.09.2017 ฿1 = $4,921
14.09.2017 ฿1 = $3,243
18.09.2017 ฿1 = $4,100
22.09.2017 ฿1 = $3,617
20.10.2017 ฿1 = $5,993
24.10.2017 ฿1 = $5,513
08.11.2017 ฿1 = $7,444
12.11.2017 ฿1 = $5,848
17.11.2017 ฿1 = $8,040
29.11.2017 ฿1 = $10,831
07.12.2017 ฿1 = $15,009
17.12.2017 ฿1 = $20,001
21.12.2017 ฿1 = $13,134


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