You would have sold them the second they hit $1.00. The only people I know who got rich off BTC are those who found an old wallet on an old drive in their garage.
You would have sold them the second they hit $1.00. The only people I know who got rich off BTC are those who found an old wallet on an old drive in their garage.
"I wish I had kept my 1,700 BTC @ $0.06 instead of selling them at $0.30, now that they're $8.00!"
https://twitter.com/gregschoen/status/70261648811761665?lang...
Had he held on to his until the very peak, he'd be sitting on $30 million. That's rich.
With BTC, 20x isn't that crazy. I'm talking about 50,000x if you dig up an old enough wallet.
If you had done so, you would have made money, but it was a "bad" bet. It wasn't a company, you had no real information to go off of. No earnings reports, no statements, nothing. It was as blind a bet as you can get. If you were technically knowledgeable in the area I guess you could have "predicated" that it would be used to buy drugs and thus go up in value, but to this day we have highly technically competent people saying "this is fucking stupid, this is overvalued, this is useless." It's a religious debate at this point.
Throwing .1% of your investment portfolio at it, whatever, why not. I do that with derpy shit stocks all the time (looking at you, HMNY, what a fun ride). But I don't think anybody should be salty about "missing the boat" on Bitcoin or other coins. If you wanna be a millionaire, do drop shipping or something. Stream. Flip houses. There's way less risk averse, proven ways to make extra money. Bitcoin just seems "so easy." Get rich quick.