Chinese Investor bought 10,000 bitcoin during the dip!

[ballerin and giroud]

Good news from china, although a few days back a lot of circulating about the Chinese government will crackdown bitcoin users, but now there is someone who bought bitcoin with the amount of 10,000 btc will be a good trend in the next few days. But now the price of bitcoin and almost all altcoin decreased sharply, I do not know the exact cause.

[qoivenmera]

This a very good sign that Btc will still be attractive to more people. The investment he puts is a high one, means He have faith in Btc.

[ETHtotheMOON1]

this is how you do it. Everyone is panic selling, you take an advantage of that and buy the dip. This is what mature investor would do, benefiting from noobs and their emotional fud based sales...

[tlqewcwf]

China has never been short of big players, but it has been influenced by China's domestic policies for bitcoin. Many people haven't joined the market for a while. Many Chinese exchanges have now moved to neighboring countries.

[cryptodreem]

very good article i would say, because we want to see more and more positive news like this. just wait for a while, like this all the people including entrepreneurs will get to see the positiveness of bitcoin, and invest more.

[1993jochico]

This is a good news for crypto world the news trend will also raise the price rate for sure because many other interested investor will have the confidence to invest in bitcoin.

[Radio-Active]

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.

lol, it was either he was lucky, or he was betting all out when he bought it.
now bitcoin price $9k, you can now calculate how many profit he will got when he sell his bitcoin.

[boksoon]

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.

You know rich person have a potential to Buy bitcoins so it's not big deal that's they are doing daily waiting for a good chances to get big profit from their trading so for the situation  of Bitcoin become low price they take advantage to buy a volume of Bitcoin for the big profit.

[easybtcearn2017]

Big investors won’t just invest a big amount in something without any certain possibility. There’s a difference between risk taking and throwing money to some uncertain sector. I bet people like him are calculated risk takers. So, obviously it’s a good sign for general users. Another sign that tells BTC has brighter future.

[Icey47]

Big investors won’t just invest a big amount in something without any certain possibility. There’s a difference between risk taking and throwing money to some uncertain sector. I bet people like him are calculated risk takers. So, obviously it’s a good sign for general users. Another sign that tells BTC has brighter future.

While this is a good sign, it doesn't guarantee that the price of Bitcoin will significantly increase. We could see another pump and dump by big investors so they can sell to suckers at the top...

[pat4cryptoreal]

This man actually believe in bitcoin to buy such quantity during the deep. While some people were busy spreading FUD he was wise enough to purchase. That is a great news.

[GrandBcn]

This is another confirmation of the rumors about long correction was artificially created to all large investors managed to buy enough.
It also confirms the fact that any prohibitions on the level of state power are just nonentity. And it cannot bring any real threat.
Who wants that will always find a way and possibilities.
Rich & cool dude, what I can say.

[bling-bling]

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.

Now that is a staggering $60M!!! This move would most likely tell us something...that Bitcoin is not a joke! People like this are usually credible in the business world. So if Mr. Cai made a major investment in any venture, then that investment would most likely succeed.

[1kings]

It was an easy time for money bags to come in. The future of BTC is bright and it's the gold standard for cryptos and it might replace gold itself.

[Lehbane]

It was all over crypto to news, I was amazed how they gathered this big amount of Bitcoin from all the panic sellers during the dip, now they have the biggest opportunity to become rich and control the Bitcoin price when the price of BTC went to the moon again.

[satecream]

that investor are very good news, that was a great when still many people are trying to support bitcoin bytheway, neither as an investor or trader also a user who wanted to pay with bitcoin

[@Hakermania@]

These are good news for us too, because if there are investors like this in the current bear market, perhaps there are good prospects for re-launching. Let us remember that wealthy investors always have more information than outsiders.

[Haunebu]

wow I guess that is was "normal" for some investors to buy some bitcoin during that correction, and I tried to accumulate as much bitcoin as I could, and I'm still trying to do it, but buying 10k BTC is just amazing. I mean, it's not like 1 BTC as $6k is cheap, and the guy decided to buy 10.000 bitcoin at an average price of $6k?

Of course that I'm impressed with the money he invested, but I'm assuming he didn't went all in, so maybe this was a "normal" investment for him. It definitely shows that successful investors are interested in bitcoin. I'm sure he was not the only one, so I guess that more will follow, and BTC price will have to keep increasing. Money attracts money, so if this guy sees something interesting in BTC, I'm sure many more will to.

I agree with you. 10k BTC is not a joke and that is some serious money right there. 10 BTC itself seems like a big amount to me which is why I am genuinely impressed by this particular investor and it is good to see such whales entering this vast crypto market. As time passes, more and more whales will continue to invest into this market due to the possibility of earning big money which is why I feel that Bitcoin can reach $50k by the end of this year and it has the potential to reach $100k in the next couple of years. Feels great to be a part of this crypto world at this moment.

[Allan Ramanda]

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.

it is true, he can encourage everyone to believe in bitcoin. Last year I heard Chinese banned bitcoin in his country, but with the news you mentioned now, the government can not stop bitcoin, because investors are the ones in power, because everyone believes in bitcoin.

[Zeeks]

Damn that is one hell of an amount! I would feel kind of iffy having to deal with huge transactions like that myself
This must be someone who either knows something, or someone who never in his life has to worry about money.