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Author Topic: Meet the Wealthiest People in Crypto  (Read 13968 times)
adam77 (OP)
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April 05, 2019, 08:20:11 AM
Last edit: December 28, 2019, 02:45:43 AM by adam77
 #1

Hello everyone,
Forbes recently released a listing of the arena’s richest individuals in phrases of cryptocurrency. There are presently 19 people inside the global who personal an equivalent of greater than $350 million in crypto assets. The top owners of cryptocurrency inside the global amassed their wealth in a diffusion of methods, however maximum are founders of large cryptocurrency initiatives and cryptocurrency exchange platforms. Others are both individual traders or a part of funding groups and a few have established very worthwhile cryptocurrency mining operations. the one factor that the richest in crypto have in commonplace is that they are all of the sorts to “HODL” (hold on for expensive existence), that means that they hold directly to their cryptocurrency thru any downturns inside the marketplace and aren’t short to make crypto-to-crypto or crypto-to-fiat trades.
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April 05, 2019, 09:03:32 AM
 #2

Hello everyone,
Forbes recently released a listing of the arena’s richest individuals in phrases of cryptocurrency. There are presently 19 people inside the global who personal an equivalent of greater than $350 million in crypto assets. The top owners of cryptocurrency inside the global amassed their wealth in a diffusion of methods, however maximum are founders of large cryptocurrency initiatives and cryptocurrency exchange platforms. Others are both individual traders or a part of funding groups and a few have established very worthwhile cryptocurrency mining operations. the one factor that the richest in crypto have in commonplace is that they are all of the sorts to “HODL” (hold on for expensive existence), that means that they hold directly to their cryptocurrency thru any downturns inside the marketplace and aren’t short to make crypto-to-crypto or crypto-to-fiat trades.
Thank you!


well, it might mean that they buy more crypto when its price drops. it doesn't mean that they made their wealth by hodling crypto only.
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April 05, 2019, 10:28:43 AM
 #3

We are talking here about people that we DO know. There are a lot of crypto billionaires we don't know about. And we never will. Take Satoshi as an example. He is a crypto billionaire and we will never know who he is...

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April 05, 2019, 10:50:22 AM
 #4

I'm not sure that these are really the wealthiest people. These are only those who agrred to reveal their identity, although I'm not sure how clever that is. But I beleive there are people with more cryptocurrencies but they remain anonimous. Also, the value of their wealth changes with the value of coins, so it's not stable category.

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April 05, 2019, 11:02:37 AM
 #5

For those who are wondering who are those 19 people as mentioned by OP, visit this link https://www.forbes.com/richest-in-cryptocurrency/#5f2622a61d49
As bitbunnny says, there might be richer people in phrases of crypto but they do not want to be known by the world. So maybe forbes should be add the word "revealed" or "known" on their article about this richest people.

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April 05, 2019, 11:26:50 AM
 #6

That is great this is the proof that you can do bitcoin as a full time work or full time business. I think all of that people who become the wealthiest people in crypto is the most brave people or business man that rake a risk to invest even if there is a big possibilty of loss. I think this is publish here in forum because we need to encourage and motivate us to do what they done.

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April 05, 2019, 11:31:05 AM
 #7

Hello everyone,
Forbes recently released a listing of the arena’s richest individuals in phrases of cryptocurrency. There are presently 19 people inside the global who personal an equivalent of greater than $350 million in crypto assets. The top owners of cryptocurrency inside the global amassed their wealth in a diffusion of methods, however maximum are founders of large cryptocurrency initiatives and cryptocurrency exchange platforms. Others are both individual traders or a part of funding groups and a few have established very worthwhile cryptocurrency mining operations. the one factor that the richest in crypto have in commonplace is that they are all of the sorts to “HODL” (hold on for expensive existence), that means that they hold directly to their cryptocurrency thru any downturns inside the marketplace and aren’t short to make crypto-to-crypto or crypto-to-fiat trades.
Thank you!


well, it might mean that they buy more crypto when its price drops. it doesn't mean that they made their wealth by hodling crypto only.
One who made use of the price drop as an opportunity to buy has profited good through the investment within certain time period. Apart from this the wealthiest people were the one who are the early adopters of Bitcoin. Being wealthy through cryptocurrency is possible and it require a lot of analysis and risk needs to be taken.

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April 05, 2019, 11:40:35 AM
 #8

Hello everyone,
Forbes recently released a listing of the arena’s richest individuals in phrases of cryptocurrency. There are presently 19 people inside the global who personal an equivalent of greater than $350 million in crypto assets. The top owners of cryptocurrency inside the global amassed their wealth in a diffusion of methods, however maximum are founders of large cryptocurrency initiatives and cryptocurrency exchange platforms. Others are both individual traders or a part of funding groups and a few have established very worthwhile cryptocurrency mining operations. the one factor that the richest in crypto have in commonplace is that they are all of the sorts to “HODL” (hold on for expensive existence), that means that they hold directly to their cryptocurrency thru any downturns inside the marketplace and aren’t short to make crypto-to-crypto or crypto-to-fiat trades.
Thank you!


well, it might mean that they buy more crypto when its price drops. it doesn't mean that they made their wealth by hodling crypto only.
One who made use of the price drop as an opportunity to buy has profited good through the investment within certain time period. Apart from this the wealthiest people were the one who are the early adopters of Bitcoin. Being wealthy through cryptocurrency is possible and it require a lot of analysis and risk needs to be taken.
Let me correct you there. It is possible to earn big amounts through cryptocurrencies without any sort of risk whatsoever. Providing some examples:

2017 bull run = Oyster Pearl signature campaign(0 investment) = The participants earned big amounts(If they HODLED until the ATH = $4.2)

2017 bull run = DeepOnion airdrop(0 investment) = Participants earned big amounts(If they HODLED until the ATH = $19)

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April 05, 2019, 11:40:52 AM
 #9

They are the known 'Entity'. But we all know that crypto is psuedo anonymous, there might be someone out there who doesn't want to reveal themselves in the public that has more crypto than most in the list. In the list @Bitinity gave though, someone already past away, Matthew Mellon:

https://www.theguardian.com/us-news/2018/apr/17/matthew-mellon-billionaire-banking-heir-dies-aged-54









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April 05, 2019, 12:04:36 PM
 #10

I have come to the realization that panic buyers/sellers don't make good fortunes from Cryptocurrency and they that run from one HYIP coin to another may end up being disappointed. For one to really be rich in Cryptocurrency and make it big, one must practice a very important factor which is patient and eschew greediness.
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April 05, 2019, 12:17:02 PM
 #11

For one to really be rich in Cryptocurrency and make it big, one must practice a very important factor which is patient and eschew greediness.

You also need to know when to enter and to exit your investment. For example, if you exit in the top of 2017 bull run, you can further increase your portfolio if you buy this year bottom. That's definitely going to increase your fortune in the long run. Patiently waiting is good but if you combine with asset management, it could be better.

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April 05, 2019, 12:17:35 PM
 #12

It is interesting to seen how the amounts are flowing in the top wallets and where its ending up and for how long.
Im sure the most individuals that are in the top100 wont let the world know they own the private key.

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April 05, 2019, 12:39:07 PM
 #13

I'm not sure that these are really the wealthiest people. These are only those who agrred to reveal their identity, although I'm not sure how clever that is. But I beleive there are people with more cryptocurrencies but they remain anonimous. Also, the value of their wealth changes with the value of coins, so it's not stable category.

There are a lot of people who are concealing their selves from such list for security purposes of course. Although the coin value, do change a lot but with the volume that they have, it will still make them the wealthiest among the others.
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April 05, 2019, 12:41:57 PM
 #14

For those who are wondering who are those 19 people as mentioned by OP, visit this link https://www.forbes.com/richest-in-cryptocurrency/#5f2622a61d49
As bitbunnny says, there might be richer people in phrases of crypto but they do not want to be known by the world. So maybe forbes should be add the word "revealed" or "known" on their article about this richest people.

Thanks for the link, I was wondering who this 19 people are since OP is too excited sharing the news that he forgot the source of the news.  Grin



Quote
This is an opportunity to be a trillionaire—someone who is positively impacting a trillion living things on this planet.

by Broke Pierce stated on the said article on the link.  I do believe with what he said.  There are lots of people in cryptocurrency that are once in a status of poverty and now a multi-million figure.  Many enthusiast lives were elevated byt cryptocurrency.  Lucky we are still in an adoption stage so it is not too late to aspire to be one of those millionaires if not one of the weathiest people in crypto.  Just learn, learn and learn then apply what we have learned in this past decade of cryptocurrency existence.

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April 05, 2019, 01:42:32 PM
 #15

Hello everyone,
Forbes recently released a listing of the arena’s richest individuals in phrases of cryptocurrency. There are presently 19 people inside the global who personal an equivalent of greater than $350 million in crypto assets. The top owners of cryptocurrency inside the global amassed their wealth in a diffusion of methods, however maximum are founders of large cryptocurrency initiatives and cryptocurrency exchange platforms. Others are both individual traders or a part of funding groups and a few have established very worthwhile cryptocurrency mining operations. the one factor that the richest in crypto have in commonplace is that they are all of the sorts to “HODL” (hold on for expensive existence), that means that they hold directly to their cryptocurrency thru any downturns inside the marketplace and aren’t short to make crypto-to-crypto or crypto-to-fiat trades.
Thank you!

We are aware on the millionaires last 2017 but because of the sudden price drop, i assume that their assets got down also and its just normal. If you want to be like them then why not buy more bitcoins and wait for another moon. Who knows, maybe your name will be put on that list after.

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aioc
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April 05, 2019, 02:53:09 PM
 #16

Hello everyone,
Forbes recently released a listing of the arena’s richest individuals in phrases of cryptocurrency. There are presently 19 people inside the global who personal an equivalent of greater than $350 million in crypto assets. The top owners of cryptocurrency inside the global amassed their wealth in a diffusion of methods, however maximum are founders of large cryptocurrency initiatives and cryptocurrency exchange platforms. Others are both individual traders or a part of funding groups and a few have established very worthwhile cryptocurrency mining operations. the one factor that the richest in crypto have in commonplace is that they are all of the sorts to “HODL” (hold on for expensive existence), that means that they hold directly to their cryptocurrency thru any downturns inside the marketplace and aren’t short to make crypto-to-crypto or crypto-to-fiat trades.
Thank you!


well, it might mean that they buy more crypto when its price drops. it doesn't mean that they made their wealth by hodling crypto only.

They have the means to do that, hodling and buying from the dip is only two ways to make it to the top and of course they should already rich to be able to do that, compared to us we sometimes need to sell some of our coins because of our daily needs or emergency needs.

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April 05, 2019, 02:53:59 PM
 #17

I am sure that more people who are involved in the crypto will be the next richer person and I think Forbes needs to add them in their list. But I think the very richer person from crypto is the person who can sell the asset in 2017 including selling bitcoin in a large amount. That person will be the very richest person in the worlds because he/she can make a lot of money from crypto.
But I don't surprise if the wealthiest people in crypto come from the owner of the exchanges, founder of the project because they can easily to make money from crypto.

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April 05, 2019, 03:16:55 PM
 #18

For those who are wondering who are those 19 people as mentioned by OP, visit this link https://www.forbes.com/richest-in-cryptocurrency/#5f2622a61d49
As bitbunnny says, there might be richer people in phrases of crypto but they do not want to be known by the world. So maybe forbes should be add the word "revealed" or "known" on their article about this richest people.

I've noticed that among the 19 crypto millionaires/billionaires included in the list, there is only one that I see different which is Matthew Mellon. All of them are CEOs of famous crypto in the market and founders of companies while on the other hand Matthew is just an individual investor. It is so amazing to know that someone became super rich by believing in a once called shitcoin (I'm sure everybody does especialy from its beginning days). I am amused to his courage to take the risk of losing money and going home with nothing, fortunately good things happened. He absolutely made the right decision Cheesy.

Anyway, I guess making on the list has a disadvantage somehow. Imagine, yeah! You've got the fame but there are consequences such as being prone from robbery incidents and there are now tendecies of paying taxes, not mentioning the fact that you're privacy will never the same anymore. So if I will be a crypto millionaires, I'll just be quiet to keep the essence of anonymity.
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April 05, 2019, 03:57:15 PM
 #19

I understand what the OP says, actually there are quite a lot of rich people in the world of cryptocurrency, including satoshi nakamoto who have never been published, but the people referred to by OP in my opinion are the richest cryptocurrency people in the world who have $ 350 million in crypto assets .
 Smiley

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April 05, 2019, 04:13:12 PM
 #20

They have hodl coins or investing in companies that on AtH and on the bottom have showed to be projects with a future. There is a big difference if you invested on Eth and hodl and if you invested on a Hyip token that could eventually be worth zero.

You should only hodl if you really believe in the project and on the people that are working there.
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