A Bitcoin address that had been inactive for almost three years suddenly moved - directly sending out 200 BTC, cashing out 18.35 million dollars. At first glance, it seems unremarkable, but you need to know the cost for this guy.
Looking back at the records, on April 1, 2023, when Bitcoin was still hovering around $28,000, this address withdrew 400 coins from a certain exchange. At that time, over $11 million was invested, and now just selling half would already yield a profit of $25 million. Return on investment? 223%.
To be honest, this operation taught a lesson to everyone who stayed up all night watching the market.
The ones who actually make big money are never the players who repeatedly enter and exit on the candlestick charts. Look at this guy, heavily invested at a low point, and then he just waits. For three years, he does nothing, just holding on without moving. He isn’t anxious when the market rises, nor is he afraid when it falls. In the end, he easily doubles his investment and sells.
What about most retail investors? They want to run as soon as the price rises a bit and cut losses as soon as it falls a bit. Their account assets feel like they're on an elevator; they’ve paid a lot in fees but haven’t made much money. Where does the problem lie? It’s not that the technology is lacking, nor that the information is insufficient, it’s simply that their mindset can't hold up.
The giant whale has told us over three years: real positioning is always counterintuitive. You have to endure loneliness and withstand fluctuations. Short-term ups and downs don't matter at all; long-term trends are the key.
Ask yourself: Can the chips in your hand withstand the test of three years? Are you betting on the future, or are you just trying to gamble for tomorrow?
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NFTRegretter
· 11-29 06:50
It's true, the most feared thing is becoming that kind of person who has to operate on every rise and fall.
This guy really made 25 million just by "doing nothing". In contrast, we are watching the market every day chasing the price and selling with bearish market, giving our fees to the exchange for free.
This mindset is truly the biggest enemy, more important than any Technical Analysis.
I am also trying to learn to hold on and see if I can have such gains in three years.
View OriginalReply0
SelfCustodyIssues
· 11-27 08:49
I just want to ask, is this guy really just lying flat? Or has he completely forgotten about this money...
It's been a month without checking the market, and I'm starting to feel uneasy. Three years? Impressive, really impressive.
223% wow, my transaction fees are all wasted.
To be honest, I’m the type who wants to run when it rises, and hearing this story makes me even more anxious, haha.
This is why Large Investors are making money while we are losing money, right?
This mentality thing is really easier said than done...
After the bull run comes, he can still be this calm. Amazing. I would have definitely cut loss and run away by now.
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DeFi_Dad_Jokes
· 11-27 08:49
You are absolutely right, I have been the kind of fool who cuts losses for the past three years...
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ProtocolRebel
· 11-27 08:43
It's this trap again, just hoard coins at low positions and lie flat for three years to win. How foolish are we who stare at the market every day, right?
Just detected an explosive event on-chain!
A Bitcoin address that had been inactive for almost three years suddenly moved - directly sending out 200 BTC, cashing out 18.35 million dollars. At first glance, it seems unremarkable, but you need to know the cost for this guy.
Looking back at the records, on April 1, 2023, when Bitcoin was still hovering around $28,000, this address withdrew 400 coins from a certain exchange. At that time, over $11 million was invested, and now just selling half would already yield a profit of $25 million. Return on investment? 223%.
To be honest, this operation taught a lesson to everyone who stayed up all night watching the market.
The ones who actually make big money are never the players who repeatedly enter and exit on the candlestick charts. Look at this guy, heavily invested at a low point, and then he just waits. For three years, he does nothing, just holding on without moving. He isn’t anxious when the market rises, nor is he afraid when it falls. In the end, he easily doubles his investment and sells.
What about most retail investors? They want to run as soon as the price rises a bit and cut losses as soon as it falls a bit. Their account assets feel like they're on an elevator; they’ve paid a lot in fees but haven’t made much money. Where does the problem lie? It’s not that the technology is lacking, nor that the information is insufficient, it’s simply that their mindset can't hold up.
The giant whale has told us over three years: real positioning is always counterintuitive. You have to endure loneliness and withstand fluctuations. Short-term ups and downs don't matter at all; long-term trends are the key.
Ask yourself: Can the chips in your hand withstand the test of three years? Are you betting on the future, or are you just trying to gamble for tomorrow?