"I used 0.1 BTC to buy a pair of shoes, now that pair is worth $7,000"



At the peak of the 2017 bull market, I first encountered Bitcoin. At that time, BTC had just risen to $20k, and I thought "It's too high, it must fall." And it really did fall.

In 2020, I bought 0.5 BTC around $10k, planning to hold long-term. But in summer 2021, I sold 0.1 BTC—worth about $4,000 at the time—because I wanted to buy a limited-edition sneaker.

Today, that 0.1 BTC is worth $7,000. The shoes are worn out now, and on the secondhand market, they’re only worth 800 yuan.

This story isn’t about regret. It’s a reminder: selling Bitcoin for consumer goods is okay, but think carefully—are you trading today’s happiness for future regret, or do you really need it?

🍕 Reflections on Bitcoin Pizza Day:
Laszlo traded 10k BTC for two pizzas, and I don’t laugh at him, I understand him.
Because every purchase was a choice at the time. It’s just that Bitcoin’s rapid rise made all “early consumption” seem very expensive.

#GateSquarePizzaDay
BTC-1.06%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
MasterChuTheOldDemonMasterChu
· 17h ago
Just charge forward 👊
View OriginalReply0
GateUser-69ada6a3
· 05-15 14:42
World Cup Mascot Top Narrative! 0x7ce9f68b053da8c02c8ed0afb67b8ed9de8f4665
View OriginalReply0
  • Pinned