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

[darkangel11]

If he really did that it means he gambled with crazy high stakes. What I don't understand is why he said that he was selling his home for british pounds and then gave the profit in dollars. Any normal person would turn the money immediately to USD being scared of the market crashing but he decided to hold and sell with a huge profit. It's like going to a casino and putting 100k on black right away. He got lucky, things like that happen.

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[felicita]

hehe yes by a few people this worked and then many others started the same and lost even everything XD
Just becourse of this Storys others started to invest in false time everything XD



regards

[FastSlots]

He took a high risk, he could lose his everything. That man was too lucky that he made some huge money only by 6 to 18 Months! Sometimes people take a very high risk, that is not suggested. We can take risk what we can afford to lose. Taking a risk by selling a house or car is crazy! I don't support this, Sorry. Though He is a millionaire now but he could become poor too. Though we know Bitcoin is a safe investment. But Still, that man could see a very long bear market run. For his great luck, he only saw the bear market and that becomes him a millionaire.

[wyplashdea]

Be careful, often people believe their fortune its going to be different from the rest and be successful; nevertheless life its not like that, we fail where other failed before... I wouldnt sell one house and buy BTC, if i had 10 houses maybe one...? who knows, probably not.