Those saying it’s still early… I think they may be right

I’ve been in the market for 35 years (and have done very well) but one rule I follow is that I don’t put my money into anything I don’t understand.

Someone recommended Bitcoin years ago when it was at $13K. Researched a little and tried to learn, but with work and all I eventually moved on.

Now retired and watching the changes in the regulatory environment I felt the time was right. Decided I’d purchase 10 BTC and ignore it for 10, maybe 20 years, and then split it amongst my 2 daughters.

Started with 1 BTC (late Aug @ $58K), thinking the price was very high and hoped it would move down a bit and I’d buy 2 BTC at $50K and more if it went lower.

Watched it move up and up. Picked up another 1 BTC about 10 days ago @ $69K. Again, thought it was very high but I wanted to strengthen my position.

We all know where we are today.

I started an investment in AAPL 10-15 years ago. Bought some here and there as the market went up and down. After multiple splits, my average cost basis is ~$14. Looking back, it’s kinda irrelevant if I bought at $14 or twice that at $28. I’m starting to BELIEVE, as many have posted, that it is still early and 10 years from now buying today at $92K vs 2-1/2 months ago at $58k will be completely irrelevant.