Money Mail 76 - 365 days on from my first bitcoin buy

Published: Oct. 25, 2021, 12:57 a.m.

b'Today is exactly one year on since I made my first bitcoin purchase. The $3,300 is now worth $15,100. Pretty decent return, huh? An $11,800 unrealised gain. I haven\\u2019t sold it, so as you know, this is an \\u2018unrealised gain\\u2019. It would only become a realised gain if I were to sell & bank the profits (which I would pay tax on). It\\u2019s a great feeling. You probably think that it\\u2019s a great feeling due to the fact that I\\u2019ve made $11,800 on paper? Well, that\\u2019s great, but it\\u2019s not really about that. It\\u2019s more about trusting my instinct, research and then having the courage to do something about it...turning those thoughts into action.

Hey thanks for listening! Please take some form of action from this content, don\\u2019t just be a consumer, become a producer! Make sure you\\u2019re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let\\u2019s get on with it.

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