19-Year-Old Ukrainian Politician Owns 185,000 Monero (XMR), Bought In 2015

[safari88]

i wish i have the same courage as him when i wanted to invest into new projects. right now he's a millionaire i wish i bough monero too last 2015 i thought it wouldn't last but right now it's one of the known coins

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[Paycoinzzz]

Ukrainian Kramatorsk Rostislav Solod, 19-year-old a member of the city council in the town of Kramatorsk, in eastern Ukraine, has reported owning 185.000 Monero (XMR).
How does he have so much money?
Because:
His parents, Yuri Solod and Natalia Korolevska, are members of the national parliament of Ukraine.

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html

Also, I think the number of XMR he has was bought by his parents, but it's all labeled by Rostislav Solod who bought it.

I have not mentioned his knowledge, but when 19 years old has such a high position, there is a high chance that his parents are using power unjustly. Besides, their family also borrowed the title of their son Solod to facilitate money laundering, because Monero is a privacy coin and no one can access the real information of the trader.

In my country there are also such families in the political apparatus, after the children do not have enough experience to take on the high position usually will not help the country.

[Ucy]

It's really interesting how many crypto Users/Enthusiasts/Investors are going into politics... This young one is more surprising to me.  Maybe they believe they can run the countries better than how they are currently run?
I wonder if he's a strong fan of all the good Ideals/Principles of true Cryptocurrency.  I believe the Ideals coupled with good rules can help make alot of countries to be run better and more honestly.

[jacafbiz]

 I have told people that to make real money in this space you just need one major win and that settles it, he made the right bet and pays off. People need to stop looking for short win in the space and look for good long term winners. He can run a presidential campaign now

[sana54210]

The sentence "19 year old politician" gives me hope and also scares me at the same time. In many nations (don't know how it is in Ukraine" in order for you to be a politician you need to get in good graces with your party, and when you are 19 years old you do not have that much time nor experience to actually be a great politician, people spend decades navigating through politics to get to a higher office.

However in some other places people just vote for the best candidate and I hope this was the case here as well. We need younger people in politics, the younger the better because they can see today's problems whereas older politicians know few decades of issues and move from there. It is not a surprise that a younger person would be capable of buying crypto early on, it is heavily supported in the younger demographic.

[meldrio1]

If I am rich like this guy I would definitely to buy a coin and store in hard wallet for many years. Lucky for him his parents were already rich and he just spent $74,000 at the age of 14, oh wow. Imagine in that age you had $74,000? your life will be so easy. Now he earned $24 million wtf.. what a lucky guy.

[lionheart78]

The story don't have any appeal to me.  I have read many of this kind, some are true and some are just made up.  If the guy is 19 years old today then, he is 14 years old during that time.  How would a 14 years old kid hold that huge amount of money?  How he is able to transfer the fund without the consent of an adult?  If it is true then good for him, but I doubt that he is alone in that venture. or he did it by himself. 

[pealr12]

If I am rich like this guy I would definitely to buy a coin and store in hard wallet for many years. Lucky for him his parents were already rich and he just spent $74,000 at the age of 14, oh wow. Imagine in that age you had $74,000? your life will be so easy. Now he earned $24 million wtf.. what a lucky guy.

When you see stories like this you would realise it pays to hold a good coin, even if it takes a long time the end result is always pleasant, imagine since when he invested and how many years he was holding it,
Am most certainly very happy for him, it is not easy to hold for a year talk more for 4-5 years.

[Yatsan]

He was very lucky to be born with a golden spoon for he have such a lot of money to buy a bunch of Monero even it was already 5 years ago. To think that he was very young at that time, you can already have an insight that he is an intelligent kid and he is up on taking risk for the sake of investment on which he have done a right decision because compared to the price of Monero by that time and as of now, he have already earned the fruit of his patience owning such great amount of Monero (XMR) ever since 2015. It is not just the wealth of his family that have been a great factor for him to have it but of course his intellectual capacity as a kid to think at a young age to take the risk on buying such amount of Monero (XMR) and have made a good decision even after 5 years ever since he have bought them for he is already seeing the fruit of his patience and good decision.

[DarkDays]

This is the true power of holding. The thing is that for some new crypto coins, specially the DeFi ones there's a similar potential. Now the only problem is uncovering them 

This is the thread those people posting around in this forum how crypto is nothing but a scam. This will be a lesson learnt that if they don't start educating themselves they'll be missing out greatly.

[iamaruf]

He is so lucky and smart that's why he bought Monero 2015. He is now millionaier.There lots of politicians hold crypto currency from the beginning. But they don't tell anyone, also investing 100k money is not a big deal for them.

[gurunanakji777]

Amazing, I believe his parents bought a huge amount of Monero for him when Monero value was between 0.40$-1$ price range and now Kramatorsk is a millionaire. If he will continue to hold the chance will be of more profit.  He is a lucky guy who got the jackpot by holding Monero. The Crypto market has a lot of potentials where one can make good money with long-term planning.

[bitbollo]

i wish i have the same courage as him when i wanted to invest into new projects. right now he's a millionaire i wish i bough monero too last 2015 i thought it wouldn't last but right now it's one of the known coins

with this amount you are close to buy... an apartment!!!
 so it's really needed a lot of courage since price are always volatile in cryptocurrencies and there is not "dividend" or passive revenue...
BTW it's very easy made these type of of investment when someone is already rich  and young (without family or other expenses to pay!!!)

[kaya11]

If i also had that money I would definitely do the same, well in his case he has his parents back up and ncluding his position he was able to buy at that time. The question is if what did he do to the xmr at this moment of time? He could be living more luxurious than he was before.

[Tash]

19-Year-Old Ukrainian Politician Owns 185,000 Monero (XMR), Bought In 2015

Privace coin, and the whole word knows how many he has. How much cash have i in my wallet?

Bullcrap an multiple fronts he is only 19 now, back then his parents would have to sign up on exchanges and such.

[tvplus006]

...There lots of politicians hold crypto currency from the beginning. But they don't tell anyone, also investing 100k money is not a big deal for them.

Now everything is not happening as you write. Politicians are interested to indicate in the declaration that they own bitcoins or other cryptocurrencies, even if they do not actually have it. Because in this way they can legalize their money, which was previously earned by criminal means. Therefore, today we see that according to the declarations, they own a large amount of cryptocurrency, which was bought earlier literally for cents.

[masterrex]

Ukrainian Kramatorsk Rostislav Solod, 19-year-old a member of the city council in the town of Kramatorsk, in eastern Ukraine, has reported owning 185.000 Monero (XMR).
How does he have so much money?
Because:
His parents, Yuri Solod and Natalia Korolevska, are members of the national parliament of Ukraine.

Source: https://azcoinnews.com/rostislav-solod-19-year-old-ukrainian-politician-owns-185000-monero-xmr-bought-in-2015.html

If he was 19 years old today, it means he was just 14 years old at that time when he bought the 185,000 Monero in 2015 that 185K Monero was already expensive so no doubt he was a rich-kid and become much richer with the current price of Monero $128/Monero it was a huge sum of $23,706,048 today that was easy money, In short, the rich was hit the jackpot.

[LogitechMouse]

I'm not generalizing all of the politicians around the world but most of them are already rich when they first joined politics so this kid is already rich enough to buy 185,000 XMR.

This is just a proof that crypto in long term is profitable. Not all of the altcoins though have the capability to give profits like this in the long run since there are some who just goes down and down within the past years. Lucky for this kid to bought some XMR back in 2015. Well like they are always saying. The rich are getting richer .