Man sells house. Earns $20,000,000 from Bitcoins

[Tashi]

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he sold his house and invested the money in Bitcoins.

After 1 or 2 years, he posted there, he has earned some $20,000,000 from Bitcoins.   

I think this proves that some decisions in investing in Bitcoin may be risky but totally worth it, not all people have the guts to risk things that are very important to them. In the crypto world, in order to success, you must risky profit or things. Good luck to this guy!

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[First77]

Damn! He took a very daring and smart move for sure, hopefully, we will brag about our stories after 2025 that how we bought btc when it was under $3000

The Chinese investor bought 100,000 bitcoins at $12,000 and the price fell to $6000

[lzby2000]

If he started investing in Bitcoin in 2011, he could get so much money whether he sold his house or borrowed money to invest. I think at this stage there should be less dissemination of this news, which will put investors now entering the market at great risk.

[sasdaryl1995]

This is the risk that every bitcoiner is talking about. The more the risk the more earnings you get.

[vonnyaries]

damn, its a high risk invetment, he sold their house in 2011? where they lived until they got some money? its a high risk investment but it will makes you a high profit when the investment programs is success, like him, they got $20000000 from selling their bitcoin after 2 years invest in bitcoin

[bryant.coleman]

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he sold his house and invested the money in Bitcoins.

After 1 or 2 years, he posted there, he has earned some $20,000,000 from Bitcoins.   

Back then, the exchange rates were like $0.1 per coin. Within 3 years, it increased by 10,000x. But then the Mt Gox scandal happened and the prices tumbled down once again. Anyway, in case the ETF proposal gets approved, then we may find ourselves in five-digit very soon.

[Deepa18dec]

Lucky were the ones who believed in Bitcoin/Blockchain in the starting and started mining Bitcoin way back in 2009-2010 and brave were the ones who invested their hard earned money in it because it was not popular, they did not know whether they'll even get their investment amount back, but they invested anyway. So big rewards are for those who think big and take big risks. Fortune favors the bold.

[JSRAW]

Damn! He took a very daring and smart move for sure, hopefully, we will brag about our stories after 2025 that how we bought btc when it was under $3000

The Chinese investor bought 100,000 bitcoins at $12,000 and the price fell to $6000

Its shitty situation for sure! but I doubt that its true event. but I do feel sad for those people who get in during bull run and bought ATH. at the same time, I sold at ATH so I am happy for myself (that kinda makes me a hypocrite)

[Cidolfusorlandeau]

damnn,I mean when I read it im kinda so jealous .

[bitfocus]

Love reading such inspiring stories about Bitcoin

[ajiswaggs]

Wow...... He must be really a lucky Man.

[Ava Duvall]

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he sold his house and invested the money in Bitcoins.

After 1 or 2 years, he posted there, he has earned some $20,000,000 from Bitcoins.   

that is massive sum.but i well planned out investment that payed out in the long run! we could learn from him

[SushiMonster]

It's an amazing story but I can't see any resources that fit your story. I just saw this https://www.independent.co.uk/news/world/europe/man-sells-everything-for-bitcoin-moves-family-to-campsite-a7994751.html . Not sure if the same person that you are talking about but still it is one hell of a gamble to do and if you can take that risk, you are awesome.

[First77]

Its shitty situation for sure! but I doubt that its true event. but I do feel sad for those people who get in during bull run and bought ATH. at the same time, I sold at ATH so I am happy for myself (that kinda makes me a hypocrite)

Bitcoin $12000 and bitcoin $100 is a huge difference. Moral of this topic.  

[iamMhew]

Provide a link in this story, or it will be a imaginary story that came from your head to create a shitposts to pollute our forum? Come on guys, way back then, if you invest in bitcoin last 3 years of course you are rich now. So dont be pathethic and lets face the future. There are more good things awaits us,

[Sexie]

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he sold his house and invested the money in Bitcoins.

After 1 or 2 years, he posted there, he has earned some $20,000,000 from Bitcoins.   

I think it was real good story of man earned some 20,000,000 only from Bitcoin investment. He was then had the courage to do it, when He sold his house for investing Bitcoin. He knew that at the time he bought Bitcoin as his investment , the value Will be  getting higher for a long period of time. As He bought it a lower price  and when the Year came , that all currencies been with great value including Bitcoin He was then lucky  of having them. Selling at peak price as what is happening for these days.

[iotarocket]

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he sold his house and invested the money in Bitcoins.

After 1 or 2 years, he posted there, he has earned some $20,000,000 from Bitcoins.   

Good for him. But hindsight is 20/20, and though we all wish we could have done something similar, he actually took a big risk and did something most experts would not have recommended. In his case, it turned out well. I believe there is more potential for big gains among those who buy and hold with patience.

[kriptosan797]

Very risky move, but it paid off. What to say, a brave man and well done that he could earn.Respect!

[Kakmakr]

It's an amazing story but I can't see any resources that fit your story. I just saw this https://www.independent.co.uk/news/world/europe/man-sells-everything-for-bitcoin-moves-family-to-campsite-a7994751.html . Not sure if the same person that you are talking about but still it is one hell of a gamble to do and if you can take that risk, you are awesome.

Yes, I also saw this. It is just a pity that there are no followup story on what happened with them after that and if they are still living on a campsite. OP's story sounds a bit far fetched, because  there is no evidence to back up his story and it would have been a huge risk back then, because bitcoins was "enemy #1" in those days and nobody in their right mind, would have done that with the lack of regulations.

Source or it did not happen. 

[xilense]

i cant imagine his situation, maybe he live alone? any link for this story?
i wont sell my house to invest with bitcoin, its the way too risky haha

but respect for him, he got the big prize