Chinese Investor bought 10,000 bitcoin during the dip!

[drachman]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

Not much to say except that he did an incredible business, he got those coins for a very good price and since he invested such a huge amount of money it is very likely that he has all the confidence in the world that he can hold his coins for the long term and probably become a relevant figure in the future when the price of bitcoin skyrockets.

[Phlaser]

Chinese government is encouraging investments in gold and silver since year 2012. Looks like Bitcoin is going to $6,000 after all the bans worldwide.

I quite doubt it... Even if it's anything to go by, Bitcoin will definitely rally and hot new threshold. Cryptocurrency isn't rocket science, with good patience and endurance, anyone will always be happy been an investor.

[masterchief001]

I have little faith in China. Probably because I have a prejudice with respect to this country. China bought 10,000 bitcoin during the price drop. I think this is a trick of China. Initially the country banned the bitcoin for bitcoin prices and then bought bitcoin at low prices to make a profit. This is a pre-calculation.

[simpleholmes]

this really gives confidence into other investors and can make us to think that a bullish season may be apporaching where lots of other people would be included into btc and crypto

[justine11]

wow this person has a guts to buy bitcoin despite the ban on china andvthe risk of getilting arrested because of holding illegal cryptocurrency in their country anyways good thing he bought bitcoin and he will never get disappointed since his efforts paid off the price is rising now he has profited more or 30% from his investment god job.

[kristinasm]

Cool news, I think I'm gonna go buy some bitcoins, too, before the rally starts. Thanks for the heads-up, man.

[XpanderaX]

China forbids Bitcoin, but this guy buys Bitcoin in abundance. whether at the time the price dropped yesterday was just a game only ?! I do not know, but clearly this is good news. hopefully more investors who buy Bitcoin, so later Bitcoin supply is reduced and the higher the price.

[uszaty43]

Well, if he bought when the price was less than $6000.. then he is gonna be on a x2 in a few months from now as soon as everything recovers back to its all time high (just like it used to be before)

[Doge dealer]

this is a very good example of one of the benefits of the volatility of bitcoins , he would have bought all these bitcoins when the price had fallen (when prices fall its an opportunity to buy)and now that the prices has risen he can resell at the higher price now where he is set to make millions if he chooses to sell now or he might hold further as the prices are expected to rise even more. we should always view a fall in the price of bitcoins as an opportunity to buy some coins.

[ladydark]

That's really a considerable amount of bitcoin and now with such a huge price rise,he has made a greater profit.

[September11Myth]

This is a quite impressive news. In fact, he may have been able all alone to revert the market. 10,000 bitcoins is not a joke and of course it would really scare bears.

[pitiflin]

The article seemed pretty cool. He is a little transparent but the last part of the article wasn't a good thing to conclude with. China has blocked off-shore exchanges using firewall/s. That is a little too much,even for china. I get it,they are trying to make a point but still. Ah screw it,let the chinese investor gain something atleast in the name of other chinese investors(even though it doesn't make any sense).

[Bit_Bull82]

The game is on!
There are a lot of this cases going around the financial sector at the moment. I mean 10K BTC is huge, but investors are starting to look at BTC as very good drive for profit .Keep HODLING and BTFD!

[granchio]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

I think 10000 btc is a really big amount. In my opinion, bear period is a really good chance to have some bitcoin and many different coins. I hope this buying will has a positive effect on the price of bitcoin.

[khaled0111]

It was a courageous decision, he already made more than 30% profit because he knew where and when to invest his money.
Now he has more money to improve his application
People like him prove that Bitcoin has a bright future and that this is just the beginning of a new financial era where cryptocurrencies will dominate.

[pooya87]

there are a bunch of interesting points in this.
first the fact that despite all the crap in the media about how "China has banned bitcoin" and all the FUD like it, the Chinese are still buying bitcoin as much as they can. and the volumes are also quite high there.
second is the fact that there are a lot of people (big players and small) who have been silently buying the dips and accumulating more and more bitcoin without letting anyone know. this dip was the 2015 all over again where prices were low and everyone was FUDing to get a better deal and newbies were panicking while the "wise money" was coming in silently.

[juiceannabel]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

if this is really true, then that chinese was buy bitcoin with amount about $65mil.
and now if they sell it, will gain about 50% of profits of the investment.
for a big gain, you need a big amount of money too.

[thrylos]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

There will be another story like this when btc will take its rest from soaring, and by that time investors like this will become double or maybe more than a half, because btc is always enjoying as the conquer crypto among all, and as if btc's duty is to make rich the investors and never put to shame.

[Kotone]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

With regards to this, well we all know that if we have the money and the resources to do so we would also be buying a lot of bitcoins when there is a dip. But hampered with money or the courage to do this, it would be inadmissible to do so. That is why we should always be smart at how we manage our own bitcoj. Because even if the small bitcoin is all we have we can still be able to earn more than we can think if we do and use our minds

[Atang Sulaeman]

it seems like the game has started, initially banning bitcoin price down and buying
it at a price still below, apparently after the price is even higher the possibility of it being legal,
hopefully this is good news for bitcoin prices.
and of course the investors are very lucky to buy bitcoin at a low price and
now almost 30% for its profit in investing in bitcoin