A big start in 2021

[KennyR]

For all the Bitcoiners 2021 gave a good and a big start with its growth. From the end of the year 2020 the growth got initiated, and the same got followed by the year 2021.

Here it was about a student and a redditer BitcoinHolderThankU who have got back his wallet recovered after 9 years. The earning he made out of watching videos, taking surveys and other stuffs during those days for the purpose of gaming with the currency have made him fortune. The wallet was found with 127 bitcoin and he has sold everything after finding the private key from his old computer. The net value for which he has sold is $4.2m and if he has kept hold for another few weeks he could've got more $1m.

Is he lucky, and this is the best start for a person in 2021

[milewilda]

People had started to find out their old computers if they do remember that they had some bitcoins wayback into those early years.Its really good to see that those people do able to recover those coins back after
almost a decade when it was lost.Good thing that he do able to recover those keys or else those coins would be lost forever. For those who do able to make money and specially this that do able to find millions 
does really have a good start on this year of 2021. He wouldnt mind to held up even more even if he misses that another 1M usd as long he do able to make some serious money then that what matter most.
For us that have entered the market a little bit late then we dont expect on the same scenario.

[1miau]

Is he lucky, and this is the best start for a person in 2021

Well, we will see later in 2021 if he was lucky.  

It's quite possible to see BTC rise even more. After 42k reached now, it would be surprising if a new ATH is just 2x from last time (20k), in case he assumes a new bear market is starting now. Nobody really knows but it's not very likely in my opinion.

Maybe it would have been better for him to sell every 2 weeks 5% of his Bitcoin, if he wants to sell all of it. Only time will tell but selling all BTC at once is very risky (to miss out possible profits).


*Personally, I won't sell it completely. Most of his cash won't be used (I don't know what he wants to purchase) but if he just deposits it into his bank account, it won't get more over time. He could have easily avoided to cash out more than he needs.

[iTradeChips]

I would be honest, I would say that he is a very lucky person that he was able to recover his bitcoins. I wish all the others who have old wallets be able to recover them and be able to get money out of it. As for me I just continue with my trading and was able to get good profits as well, whether bitcoin is very high or very low all that matters is that we get more than we invest in trade. And good luck again to all of us starting this year.

[Wenbing]

The net value for which he has sold is $4.2m and if he has kept hold for another few weeks he could've got more $1m.

One more week could be the different between his smiling and crying. we need to differentiate the difference between when holding is no longer patience but greed , and when patience is greed. I feel, what the guy did is a smart move.

so, here is the insight i want to draw from this.  Except your goal is to keep holding for the long term gain, if not sell when the profit you are making is satisfactory .

[aoluain]

Yes he is lucky in one sense that he found the keys to the lost wallet and has a very good start to 2021.
He is sorted for life with his $4.2 Million which he is thinking of investing in the S&P 500.
What we hear from the likes of Michael Saylor is that FIAT based investments are losing their value
compared to Bitcoin.

He is unlucky on the other hand because he sold the 127BTC at a price around $33k
and its now correcting back up and at $35k and going higher sooner or later.

I suspect he hasnt been keeping up to date with the progress of Bitcoin and the economy.
He should really as he states himself kept some Bitcoin

[Reatim]

The net value for which he has sold is $4.2m and if he has kept hold for another few weeks he could've got more $1m.

He already Made the right decision by Selling everything instantly and why Wait for another weeks when He already a multi Millionaire from His Past days ? when he don't even expect to gain a Thousand Bucks back then and not he has 4.2 million in His pocket .

Is he lucky, and this is the best start for a person in 2021

I don't Think it is Luck , because He surely Dig deeper to find that private Keys , and Surely He tried the same thing back in 2017 when the price of Bitcoin climbs up to 20,000 but Found nothing then .

[Wexnident]

I don't even think it's luck tbh. Even if he unlocked his wallet a few years back, he'd still be having quite a huge profit assuming his coins came from as he said, 8 maybe 9 years back, where BTC price was around what, single, double digits. It doesn't even matter how big his profits were, the point is he made it big, no matter what. Congratulations to him tbh, and Goodluck to others hoping to find the same luck as he did.

*Personally, I won't sell it completely. Most of his cash won't be used (I don't know what he wants to purchase) but if he just deposits it into his bank account, it won't get more over time. He could have easily avoided to cash out more than he needs.

Probably to avoid issues and to let it all be finished in one transaction. Issues may arise with his bank account plus the transaction itself, but hey, we're not the ones who sold it so idrk what he thought of when he did that.

[maxreish]

Nice, 127 bitcoin stucked in an old wallet and recovered today when the price boomed.  The time where he earned bitcoin by watching videos 9years ago when bitcoin's price wasn't that high value as of today makes him become millionare today.
 
 Well, enjoying his luck and fortune this 2021. Also an inspiration to those who still locked their bitcoin or forgot/misplace their passwords and seed phrase too.

[maydna]

He is one of the luckiest people who have to get his bitcoin recovered after 9 years. 127 bitcoin and make a profit of about $4.2m is enough for him than never because it was 9 years ago, and fortunately, he can get his wallet again. I can't believe that because I would be desperate to recover the wallet and give up after trying so long. He can feel happy to do that, and now, he gets the reward, a big reward for that. And now, I am sure he will enjoy his moment and celebrate it with his beloved one. No matter what bitcoin price now, he still the luckiest person, and he can buy more bitcoin with that money, especially if the price drops too deep.

[manfredmann]

Yes, but I was hoping tha bitcoin did not reach 40K$ because I was not able to earn or profit in it while bitcoin is cheap. I was not able to anticipate the bull run and I qas hoping that one day hopefully there should be another bullish trend in which I can earn too like what others did. Anyway, I am still thankful that I learn with the current trend of bitcoin.

[johnnathanexo]

A big thing to start in 2021 is to invest in cryptocurrencies. There are lots of websites who do fake and spam. But I was using Exocrow from last month and in this platform users can earn monthly interest around 12% month.

[Lordhermes]

The earning he made out of watching videos, taking surveys and other stuffs during those days

Way back getting 127 Bitcoin by just watching videos? I was just anxious to getting to know what exactly could give out that amount of Bitcoin from just performing some simple tasks, although I can say that those days airdrop were even paying higher amount unlike faucet and nowadays that pays worthless fund,.
This 2021 could be a year of starting big for the early investors likewise the miners, although some investors investors lost their keys and can never access their wallets, however the big start may occur to late investors maybe in 2027.

[pooya87]

The wallet was found with 127 bitcoin and he has sold everything after finding the private key from his old computer. The net value for which he has sold is $4.2m

This seems like a stupid move to me! How much money does one need anyways? Why not just cash out $1 million and enjoy life while keeping the rest. That sounds like a no-brainer to me, since even if price dropped a lot the rest would still be worth a lot and you still have that $1 million but since the chance of the price going up A LOT more is so much higher holding on to the rest (which would be about 100 bitcoin) seems like the only logical move to me.

Anyways, good for the rest of us that he sold

[BlackHatCoiner]

Imagine knowing that you have 127 bitcoins that cannot be recovered. Torture. 
2020 is gone for good for that guy.

I would be honest, I would say that he is a very lucky person that he was able to recover his bitcoins. I wish all the others who have old wallets be able to recover them and be able to get money out of it. As for me I just continue with my trading and was able to get good profits as well, whether bitcoin is very high or very low all that matters is that we get more than we invest in trade. And good luck again to all of us starting this year.

If someone finds so many bitcoins, then it slightly affects the market. You shouldn't be happy if someone finds lost bitcoins. Imagine if something like that was true. There would be dips coming...

This seems like a stupid move to me! How much money does one need anyways? Why not just cash out $1 million and enjoy life while keeping the rest.

True, one million dollars are fine by me! I would keep the rest bitcoins for x,y reasons. Having 90-100 bitcoins in 2040-2050 may be so huge wealth.

[yohananaomi]

It was the luck he had. Luckily his old computer wasn't lost or damaged so he was able to recover his bitcoins. And he has taken the right decision to sell everything because, in the near future, there will definitely be a correction which will give rise to a bear market.

in a situation like this it would not be wise to do it quickly to sell bitcoin because bitcoin will continue to move up this year and will reach fantastic value which will happen and will make ATH renewable again.

This year is also the year where altcoins will increase sharply and there will be a new ATH for top-ranking altcoins, of course this will excite the bounty because there will be new altoin with prices that will increase as well as in 2017.

so keep holding your bitcoins and if possible there is a decrease in the of time to buy and hold and sell quickly because bitcoin has become a short term. also don't miss the altcoins that are about to rise sharply.

[passwordnow]

He's lucky indeed. He don't mind if bitcoin will still go up at the end of this year and for the next years to come. It's like the best money that he got freely for the entire year for which made him welcome this year with millions of dollars.

He is unlucky on the other hand because he sold the 127BTC at a price around $33k
and its now correcting back up and at $35k and going higher sooner or later.

He's still lucky having that millions of dollar. I understand that he don't care if it rises to $40k again or $35k or any higher price. What matters to him is that he has the money ready and it's $4.2m which is enough for him to live well off for the rest of his life.

[samputin]

Nice, 127 bitcoin stucked in an old wallet and recovered today when the price boomed.  The time where he earned bitcoin by watching videos 9years ago when bitcoin's price wasn't that high value as of today makes him become millionare today. .

That's totally true. I can't imagine what he's feeling right now. But I've read from another post that he will not buy anything luxurious or whatsoever. That's so humble of him even he got such a huge amount. Guess the saying those who humble themselves are lifted is real. Bless him.

Well, enjoying his luck and fortune this 2021. Also an inspiration to those who still locked their bitcoin or forgot/misplace their passwords and seed phrase too

I don't know about that. I mean, not all have same experience. He may retrieve his bitcoins but others might not. I'm not being a buzz kill but I also don't want others to have false hopes. Just saying though. Still hoping for the best for them.

[irixo10]

In my own opinion, I think this goes beyond more than being lucky, it is as well about trust and believe in an innovation like Bitcoin, that is, he believed in Bitcoin for him to carryout those tasks and so on, not only that he also accepted the form of payment even though there was not much about Bitcoin. The good thing is, those who believed in Bitcoin at the onset are reaping the good reward today, thus it means that once you come across any innovative technology with good potentials, at least give it a trial for the future. Actually, yes, it is the best way to start his year and this also goes as far as showing to the world that Bitcoin is really the most secured and the future as well, because it stayed for 9 years without being tampered or hacked or stolen. And to be frank, everyone who have had something of any kind to do with Bitcoin will be on the lookout for their old computers, harddrive etc in order to recover their Bitcoins, and we might be seeing news like this soon as well as other heartbreaking news for those who couldn't recover theirs thus seeking for help of any kind.

[traderethereum]

Yes, he is lucky. He really makes a lot of money from bitcoin, and now he can buy anything he wants without trouble.
Having 127 bitcoin now means a lot to him, especially after discovering his wallet after 9 years.
Fortunately, he can found his lost wallet and change his life to be better than before.
I am sure that this year is a big start for him, and he becomes a billionaire with that money.
Congratulations to him.