Bitcoin Investment Since 2013
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A story about Kendall Saville's early investment in Bitcoin and his philosophy on conviction investing.
"For me, I feel like you're gonna be right a couple times in your life, and if you think you're gonna be right, swing big. With Bitcoin, I saw it in 2013, I was super interested in it. I thought this could be really cool or it could go to 0, but I had this inclination that it could be way bigger.
It brings me back to my dad in the nineties - he was a computer programmer and he was telling our family domain names are gonna be big. I was like 'Oh that's cool dad,' and he was like 'No, they're gonna be big, every person or company is likely gonna want one.' He bought our last name savelle.com but didn't really buy anything else. He could have bought poker.com, home.com.
So when I was looking at Bitcoin, I was like this is my domain names moment. I started buying bitcoin at around $80-90 per bitcoin. I put in a couple hundred thousand dollars at that time. I just decided I'm gonna hold it and see what happens. I didn't want that 'I wish I didn't sell' regret. I'm still holding it today. For me, this is a long hold, and I might die with it."
Kendall Saville
I am a founder of SEO-driven companies, an investor in exciting ideas, and Board Member of AMRK and Milk Road.
Kendall co-founded the largest US online gambling network which sold to Catena Media (STO: CTM) in 2017 as their largest acquisition to date. He founded i15 Media in March 2020 and sold it to Catena Media (STO: CTM) in September 2021.