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jonplackett
52 days ago
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Show HN: Quantifying opportunity cost with a delib...
I was gonna buy $1000 of bitcoin in 2016 but I couldn’t find my passport to verify my identity with Coinbase and then forgot about it. Ah well.
rkomorn
52 days ago
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Would you have $100k now or would you have sold it when it tripled to $3000 because that would've felt like a really good return already, though?
jonplackett
52 days ago
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Yeah this is the story I tell myself to make me feel better. I may well have even more regret! Or thought I was an investment genius and invested loads more and then sold it at a bad time.
b0bbi
52 days ago
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yeah as Warren Buffett once said: "Our favorite holding period is forever".
rkomorn
52 days ago
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That is basically my strategy. Everything I buy is with the intent of selling in a couple of decades when retirement comes, at the earliest.
b0bbi
52 days ago
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It's a great strategy as long as there's agreement between people and that the "S&P500" (paste your) means something :)
andirk
47 days ago
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I did find my passport at that same time and threw a lot more USD at it. It's nice.
b0bbi
52 days ago
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would you keep it till today?
jonplackett
51 days ago
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Probably would have sold it when it doubled and felt like a genius… and then an idiot.
b0bbi
51 days ago
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yeh, that's true :) btw, I'm sure many did just that
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