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Author Topic: Meet the Wealthiest People in Crypto  (Read 24108 times)
Vishnu.Reang
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May 05, 2019, 01:04:49 PM
 #181

I really doubt whether this list can be accurate. If you own a huge amount in crypto, then for practical purposes you will try your level best to hide that fact from anyone. Admitting this may attract unwanted attention from the criminals. However, the anonymity will be lost once the holder try to convert his coins to fiat through the exchanges.

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May 05, 2019, 07:46:38 PM
 #182

The one thing that the richest in crypto have in common is that they are all the types to “HODL” (hold on for dear life), meaning that they hold on to their cryptocurrency through any downturns in the market and aren’t quick to make crypto-to-crypto or crypto-to-fiat trades.
It is easy to say that they have such a strategy, when they are in fact millionaires.In general, I think that they are billionaires, but for the public and tax services, they are millionaires.and the list of 19 people seems too small to me.In fact, there are many more millionaires in crypto.We can only guess at the actual number.

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May 05, 2019, 11:58:55 PM
 #183

That’s amazing, seeing them on the list of wealthiest people are make me so inspired to work hard on cryptocurrency  because anyone of us can make it on top, no one knows, some of us who writing on this thread will be on the toplist of wealthiest people on crypto in the future.

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May 06, 2019, 02:14:43 AM
 #184

First time I've seen a crypto rich list. Good resource.

I guess this list will just be for "known celebrities". One of the major points of having crypto is to be private so that banks or anyone won't be able to directly know how much you hold.
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May 06, 2019, 02:33:42 AM
 #185

I really doubt whether this list can be accurate. If you own a huge amount in crypto, then for practical purposes you will try your level best to hide that fact from anyone. Admitting this may attract unwanted attention from the criminals. However, the anonymity will be lost once the holder try to convert his coins to fiat through the exchanges.
Anonymous bitcoin is one of the advantages of crypto money where the owner can hide from the pursuit of the media or does not want to be published, so it is very difficult to find especially holding a press conference. It's very difficult to meet bitcoin millionaires.
But from the media it can be a source of inspiration to become a crypto investor who is always profitable in trading. There is no need to be a millionaire, but getting profit from crypto transactions is consistently a lot of money.
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May 06, 2019, 03:36:07 AM
 #186

I really doubt whether this list can be accurate. If you own a huge amount in crypto, then for practical purposes you will try your level best to hide that fact from anyone. Admitting this may attract unwanted attention from the criminals. However, the anonymity will be lost once the holder try to convert his coins to fiat through the exchanges.
Anonymous bitcoin is one of the advantages of crypto money where the owner can hide from the pursuit of the media or does not want to be published, so it is very difficult to find especially holding a press conference. It's very difficult to meet bitcoin millionaires.
But from the media it can be a source of inspiration to become a crypto investor who is always profitable in trading. There is no need to be a millionaire, but getting profit from crypto transactions is consistently a lot of money.

First of all, Bitcoin is not 100% anonymous. All the transactions are logged in the Blockchain. If the authorities want, they can trace your Bitcoin address back to you. In case you want to go for a 100% anonymous crypto-currency, then you should consider Monero, Zcash, Verge or Veil. Also, being anonymous is not that easy as well, if you make your investments in crypto. If the amount is large, then that needs to be shown in the tax returns and almost all the exchanges ask for the KYC information.
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May 06, 2019, 04:05:18 AM
 #187

That's pretty huge money in crypto. I hope there will be more identity revealed before this year ends for us to know who can we trust in terms of cryptocurrency. I think all those people in the list are still holding their cryptocurrency and still didn't sell any single coin in their wallet.

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May 06, 2019, 04:07:16 AM
 #188

That's pretty huge money in crypto. I hope there will be more identity revealed before this year ends for us to know who can we trust in terms of cryptocurrency. I think all those people in the list are still holding their cryptocurrency and still didn't sell any single coin in their wallet.

I also still do the same thing to sell some types of Altcoin for those who don't experience soaring price increases and there is no information on prices that will grow.

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May 07, 2019, 04:10:41 AM
 #189

It shows only that they really believe for investing in bitcoin. I think this is the good news to some other people that will follow and convince what they do. They give trusted too much and hold for a long time until they become rich and wait for the value will rise. After all maybe on the next the number of wealthiest people will increase in crypto.
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May 07, 2019, 04:39:52 AM
 #190

That's pretty huge money in crypto. I hope there will be more identity revealed before this year ends for us to know who can we trust in terms of cryptocurrency. I think all those people in the list are still holding their cryptocurrency and still didn't sell any single coin in their wallet.

I also still do the same thing to sell some types of Altcoin for those who don't experience soaring price increases and there is no information on prices that will grow.
That is why we need to give full trust on our.invested cryptocurrency

Selling in early time will not give us good profit instead we will only lose more chances

If we wanted to be like those wealthiest people here,then hold the coins until it last a long
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May 07, 2019, 01:48:59 PM
 #191

I really doubt whether this list can be accurate. If you own a huge amount in crypto, then for practical purposes you will try your level best to hide that fact from anyone. Admitting this may attract unwanted attention from the criminals. However, the anonymity will be lost once the holder try to convert his coins to fiat through the exchanges.
It is possible to hide that you are the owner but you cannot hide from the blockchain, the list is published by forbes and they will not publish something which is not accurate, the big companies will be filing for tax and so is the reason these data will become public, there might be people who will be holding a huge amount of money in cryptos, but if you are conducting business you have to reveal your source of income and the amount of coins you are holding to be on the right side of the law.
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May 07, 2019, 03:00:19 PM
 #192

They really are an inspiration to a lot of people who also earns from Cryptocurrency. They are very hardworking and should be known because of their hardships that earned them their current state in life. We should admire them in a way that we will also benefit from it. Some of the wealthiest people using cryptocurrency are the people who teaches it to others.

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May 08, 2019, 06:18:19 AM
 #193

Forbes recently released a list of the world’s richest individuals in terms of cryptocurrency. There are currently 19 people in the world who own an equivalent of more than $350 million in crypto assets. The top owners of cryptocurrency in the world amassed their wealth in a variety of ways, but most are founders of large cryptocurrency projects and cryptocurrency exchange platforms. Others are either individual investors or part of investment groups and some have established very profitable cryptocurrency mining operations. The one thing that the richest in crypto have in common is that they are all the types to “HODL” (hold on for dear life), meaning that they hold on to their cryptocurrency through any downturns in the market and aren’t quick to make crypto-to-crypto or crypto-to-fiat trades.

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Most of the wealthy peoples HODL and that's why they are wealthy. Earning and storing bitcoins for the future life can even make each of us wealthy as it has been having he most potential to rock the markets ahead. There is a vast scope in the field of cryptocurrencies and those owning multi-billion projects in the cryptocurrency field are the ones who own the most number of coins so it would be easy to count those peoples.

Also in this field we are, there are a number of opportunities to make immense profits as even there are such fields like mining, trading, etc where we can make profits in least work or time. The world will grow fastly with cryptocurrencies and the number of rich peoples will grow from 19 to 1900 soon if we all keep contributing towards the growth of cryptocurrencies.
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May 08, 2019, 07:01:00 AM
 #194

That's pretty huge money in crypto. I hope there will be more identity revealed before this year ends for us to know who can we trust in terms of cryptocurrency. I think all those people in the list are still holding their cryptocurrency and still didn't sell any single coin in their wallet.

I also still do the same thing to sell some types of Altcoin for those who don't experience soaring price increases and there is no information on prices that will grow.
That is why we need to give full trust on our.invested cryptocurrency

Selling in early time will not give us good profit instead we will only lose more chances

If we wanted to be like those wealthiest people here,then hold the coins until it last a long
There are a number of peoples including me who are HOLDING coins from the last peak that was in the mid 2017. The price for bitcoins then was on the ATH peak that made it much challenging for the peoples who bought at that price but those who did not sell in loss are the ones who might soon have sweet fruits for holding at such a bad time.

The price for bitcoins was almost above $15000 when I bought some coins amongst which are been in my hardware wallet and I would only sell them once I see the price for bitcoins going above my expected price. Peoples who panic sell their coins are the ones who are not yet successful in trading and have loss always. Try to be patient and hold until you start believing the profits.
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May 08, 2019, 09:19:11 AM
 #195

I really doubt whether this list can be accurate. If you own a huge amount in crypto, then for practical purposes you will try your level best to hide that fact from anyone. Admitting this may attract unwanted attention from the criminals. However, the anonymity will be lost once the holder try to convert his coins to fiat through the exchanges.
Absolutely right. Rich people managed to become rich as they were not shouting about their wealth everywhere. They were simply working and gathering their Bitcoins. We might not know their names ever.
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May 08, 2019, 03:26:36 PM
Last edit: May 09, 2019, 03:34:48 PM by GelaiThePom
 #196

To be honest I envy those people, not because for what they are now or how many money they have now, but because of their perseverance that they've made the right decision of adopting early and hold onto it. On the early days of bitcoin, I'm just using it as an internet money to buy foods, things etc. whereas now I use it to play some games because there's a chance that i can win unlike just spending it.
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May 14, 2019, 09:12:30 AM
 #197

This is truly the definition of the "the rich gets richer". They will always have an advantage to grow their money because just even 10% of their wealth thrown into btc, it is still going to give them many times the roi. While us poor is just trying to find where we can find some money that we can invest in btc.
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May 14, 2019, 09:20:47 AM
 #198

Surviving in all conditions can give them enormous gains. And I am interested in seeing who they are and may be able to motivate to continue trading crypto coins. I think there are still many rich people who are out of the list.  And that list will continue to grow because cryptocurrencies are also growing.

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