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Author Topic: Man sells house. Earns $20,000,000 from Bitcoins  (Read 1927 times)
caballero12
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August 04, 2018, 09:33:14 AM
 #121

Just for last year I have friends of mine who bought Bitcoin for $14,000.00 who would have thought that it will sky rocket @ $19,978.60. Had they decided to sell it @ even $18,000.00 that's a whopping $4,000.00 per Bitcoin. But now at it's current price of $7,438.30 they have decided to take the risk now need to bear with it a little longer.

Bitcoin at $6000, if people earn 100% profit, that will a miracle. Gone are the days of 500% or 1000% profits from Bitcoin.

We may not be as brave like what this guy did. We would agree that we need to be more focused and attentive in the next coming possibilities.
swaggerkeme
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August 04, 2018, 09:36:24 AM
 #122

That was a good gamble, he must be lucky. To make it big in the world of crypto, you need to take risks in order to maximise profits. That is exactly what the man did.
truongtheanhc3
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August 04, 2018, 09:37:22 AM
 #123

It was a blessing, God smiled at him. I got used to some people, they have lost everything because of bitcoin, nothing is certain, With the investment, it is risky
Tamboran
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August 04, 2018, 09:42:41 AM
 #124

Only few people that will take big risk for that as we know back to 4-5 years ago Bitcoin price still not much soar like now, at that time many people buy and using Bitcoin for transaction buy stuff online or sending money to colleague over the world, but I won't hesitate to give a thumbs up for that person who believes in the future of Bitcoin. At now, be honestly, are you ready enough to sell your house/property and spend all of your money to buy Bitcoin at now price for long hold?
maxilopez
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August 04, 2018, 09:44:23 AM
 #125

this is an incredible deal is not it? definitely it was not his last money because how to risk it is unlikely that someone has become

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quocsi
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August 04, 2018, 09:53:50 AM
 #126

admire him. He received a huge profit from Bitcoin following his venture capital decision. For me, I really want to invest heavily in it every time it drops to a low level because I'm sure it will increase rapidly. But I'm still a student and I can not do that. I hope the bitcoin investors like me will be more confident when deciding to invest in bitcoin whenever the opportunity comes to them.

crossabdd
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August 04, 2018, 10:21:33 AM
 #127

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he is selling his house and buying £450,000 worth of bitcoins

After 6 months to 18 months, he posted there, he has earned some $20,000,000 from Bitcoins.   Shocked

that is normal in the crypto world. because he has bought bitcoin at a low price. anyone can do that, but they must have great patience. because long-term investment is not seeing the daily price. the person has invested and is right to buy bitcoin. because this year bitcoin is very expensive. if he sells today, he will get more profit. maybe it can be $ 200,000,000
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August 04, 2018, 10:43:17 AM
 #128

Its a "game of chance". Lucky for those who somehow foresee and trusting the power of bitcoin at that time. The possibility that those people are just not really sure what will bitcoin will give them in return, but fully trusted their gut feeling and they won. With these kind of stories, people are attracted to invest in bitcoin and having this hope that they will have the same fate as to those people. But you see, we all have different fate so the result will always different.
colvis
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August 04, 2018, 10:46:54 AM
 #129

wow that is an incredible news to hear but the luck of one can not be the luck for the other, those who bought BTC when the price was very low is now jubilating. in time coming I will be the next person to announce my own good news. because if the price drop again to 5,000$ i will sell most of my properties and invest 85% of the money on BTC.
Mariela
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August 04, 2018, 11:25:19 AM
 #130

All I can say is wow! A big WOW!!
His decision is very smart eventhough it is very risky to invest all your money to bitcoin but he got all his wanted to be. That's what we called success. So I think we also need to believe and have faith to attain his endeavours.
Pujangga
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August 04, 2018, 11:43:55 AM
 #131

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he is selling his house and buying £450,000 worth of bitcoins

After 6 months to 18 months, he posted there, he has earned some $20,000,000 from Bitcoins.   Shocked


Many stories like this, when bitcoin prices are not more than $ 100 many big investors who dare to take risks so that they sell anything to buy bitcoin, now they are a new rich people. I think the opportunity to get big profits is still open because someday the price of bitcoin can reach hundreds of times than now.
yoshua27
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August 04, 2018, 11:45:52 AM
 #132

When did it happen ? I think if this happens recently I don't think it's possible because the bitcoin situation is now weakened because many countries prohibit the use of bitcoin as an asset or as an investment
First77 (OP)
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August 04, 2018, 01:09:57 PM
 #133

When did it happen ? I think if this happens recently I don't think it's possible because the bitcoin situation is now weakened because many countries prohibit the use of bitcoin as an asset or as an investment

I read that in 2013. Correction for my first post.
RolandoBTC
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August 04, 2018, 01:20:46 PM
 #134

No one is impossible in bitcoin everything is happen for a reason, i mean if you invest more than what you think to gain more profit if it succeed, so try and learn to face the risk of this business everything is possible..
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August 04, 2018, 01:26:03 PM
 #135

When did it happen ? I think if this happens recently I don't think it's possible because the bitcoin situation is now weakened because many countries prohibit the use of bitcoin as an asset or as an investment

I read that in 2013. Correction for my first post.

Just as i though lol. Things aren't moving at the right pace to have that kind of earning nowadays. But imagine a guy who sold his house for btc back in 2013. It's a big risk that probably got the person a much bigger reward.

 
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Dudeperfect
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August 04, 2018, 01:31:07 PM
 #136

It is not the surprise as we all know that Bitcoin has given the exponential returns down the road and most of the early adopters have earned massive returns from this price rally/growth. However, it is not assured that Bitcoin will give the same returns in the future too and hence it is recommended not to invest more than the loss-bearing capacity of the investor. I am optimistic about the growth of Bitcoin and crypto sector but that doesn't mean that I should invest my entire capital there.
Gaurav11kb
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August 04, 2018, 01:34:04 PM
 #137

He believed in the tech and he believed in the potential of Bitcoin and he got rewarded for that. Obviously he didn't make all the money overnight and it needs guts to put all your money in an investment and wait for it grow knowing that it can also go to zero too. Fortune favors the bold.
First77 (OP)
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August 04, 2018, 05:47:34 PM
 #138

Just as i though lol. Things aren't moving at the right pace to have that kind of earning nowadays. But imagine a guy who sold his house for btc back in 2013. It's a big risk that probably got the person a much bigger reward.

The Chinese investor bought 100,000 Bitcoins at $12000 and the price fell to $6000.
cryptoJJJ
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August 04, 2018, 05:52:54 PM
 #139

Just as i though lol. Things aren't moving at the right pace to have that kind of earning nowadays. But imagine a guy who sold his house for btc back in 2013. It's a big risk that probably got the person a much bigger reward.

The Chinese investor bought 100,000 Bitcoins at $12000 and the price fell to $6000.


Not everyone can be a winner in crypto, at least in the short run; in a few years that Chinese investor might have done a very good deal.
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August 04, 2018, 06:12:45 PM
 #140

It was a great news to hear, now it is best time to take risk and buy BTC what british guy had done
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