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Author Topic: The Winklevoss twins worth $3bn Each for buying Bitcoin @ $8 with confidence  (Read 463 times)
palle11
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May 24, 2021, 08:52:21 AM
 #41

10M$ really? OMG, they had positively expecting bitcoin to be like this which really came to the point. Imagine what would went through for their 10M$ in those times where bitcoin market goes up and down that could eventually took their money if they got no patience over to it.


This kind of feeling is same to what is happening cuiat the market with blood spill everywhere  Grin and some are cashing out in fear while others are hodling. I think what matters is our plans to the investment we make.

A longtime determined investment is different from those who are in for the short time and gains. For the short time, a little pump will be considered a good business but that won't be considered as such for the long time who probably is looking at 10 years and also for a particular price range. This could have been the winning for those investors.

And just so we understand it that currently now, some coins that are very low in price today won't remain low in future. The choiywe make today will determine how we are also going to feel in future and how others will celebrate, talk and write about us too whether here on the forum or in real life.
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May 24, 2021, 10:12:26 AM
 #42

This is a very perfect example of how buying and hodling bitcoin can make one rich. I came across a thread on this forum recently where the OPs argument was that bitcoin was not made to make one rich. While he may be right, I strongly believe that those who got rich by it didn't do anything wrong.
It is noteworthy to know that these guys bought when it was as low as $8 and hodl till it is over $60k. One cannot but wonder why didn't they sell earlier. Of course, they'd have made quite a lot of profits too.

Crypto and bitcoin has made many millionaires and those who just believed in it and even bought in few thousands of dollars today would have made a good fortune for themselves. And buying at lower price is the best thing and now with the rates at 35k what a lucrative deal we have in front and buying in tranches is what I have started to build around and own some of it. Lets us ensure we do not miss this opportunity and end up retiring rich with crypto.

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May 25, 2021, 02:50:32 PM
 #43

I think they did a huge gamble that paid off and kudos to them for it. However we should also realize that they didn't do it from a poor point of view, they were very rich.

I understand that there were tons of rich people who could have done the same thing and didn't so they are definitely one of the best at their own league there is no doubt about that, but there are 7+ billion people who do not have remotely the same amount of money they have, we are talking about people who were born rich and had always been rich from the start, went to Harvard, had a dad that allowed them to do whatever they loved, got a huge money for something they couldn't even built so they just took money from the person who could build, and spent that money (not even all of it) on something they just saw future in because they would still be rich if it failed. So, they were comfortable doing it, unlike most of us who were scared to buy at the time.

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May 26, 2021, 05:45:34 AM
 #44

At the time in 2011, very few people knew about Bitcoin and I don't think anyone would dare to buy 10 million USD of Bitcoin and hold it for such a long time. I really admire these two, they are the veteran holders we know. They have been patient and have preserved their assets scientifically to be able to use their money up to this point. Many people have lost their password or account recovery phrase in the past. Perhaps because they keep too little Bitcoin in their wallet at the time of ownership, they are subjective and forget what their recovery information is.
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May 26, 2021, 06:16:59 AM
 #45

They really has huge balls, in 2011 many people including me will find it hard to see how bitcoin could grow this much, you know it's like they know that bitcoin will be such a big thing in the future and that's right
I guess the saying that said only risk taker can grow their money is true, it's also the reason why i'm holding hard all of my coins, I couldn't imagine being the next winklevoss
but I could imagine to have better financial condition that i'm currently in and I will try to repeat the same feat that they have experienced if I can.

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June 06, 2021, 05:41:30 PM
 #46

If I discovered bitcoin earlier like most of these people that came across it then, I am very sure that I would have invested in it without any delay, because the time I discovered bitcoin I never wasted anytime in investing in it. When I discovered bitcoin I was searching through Google, and I picked interest because to me it’s a really cool invention and I was ready to take the risk and also because I can use it for transactions.

My motivation didn’t come from anyone, but from myself, because it wasn’t even popular around me then. So I pushed for it. But it’s never too late for those that wishes to reach a level like this, because Bitcoin still has a long way to go and it’s going to reach there.

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TheEconomists
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July 25, 2021, 08:34:32 PM
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 #47

If I discovered bitcoin earlier like most of these people that came across it then, I am very sure that I would have invested in it without any delay, because the time I discovered bitcoin I never wasted anytime in investing in it. When I discovered bitcoin I was searching through Google, and I picked interest because to me it’s a really cool invention and I was ready to take the risk and also because I can use it for transactions.

You are just saying this mainly because Bitcoin price has gone so high and had it been you were aware of Bitcoin in 2009 or 2010 you would have not believe in it future value for you to invest. Am sure you were aware of Etherium, Coins like BNB and others when their market value were very little? How much did you invest? if I may ask, I hate when people are lamenting of something that even if they have the opportunity they wouldn't have invested because they don't know what will happen the next hour or day.

Edit:
Your account was registered in 2013 and you still here complaining of not aware of Bitcoin earlier except if you are not the original owner of the account. Bitcoin market value was less than $500 as at 2013.
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July 26, 2021, 06:11:08 AM
 #48

At the time in 2011, very few people knew about Bitcoin and I don't think anyone would dare to buy 10 million USD of Bitcoin and hold it for such a long time. I really admire these two, they are the veteran holders we know. They have been patient and have preserved their assets scientifically to be able to use their money up to this point. Many people have lost their password or account recovery phrase in the past. Perhaps because they keep too little Bitcoin in their wallet at the time of ownership, they are subjective and forget what their recovery information is.

2011 was the year when Wikileaks started accepting Bitcoin. There was widespread coverage in mainstream media (although the portrayal of Bitcoin was mostly negative). The hype lasted for 1-2 months and helped the Bitcoin exchange rates to jump from $3 per coin to around $30 per coin. But from what I have heard, the Winklevii accumulated most of their BTC in 2012 and 2013, and not in 2011. Their purchase was not made in one go, but spread out over many months. So the purchase price also varies a lot, depending on the date.
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July 26, 2021, 06:27:15 AM
 #49

They really has huge balls, in 2011 many people including me will find it hard to see how bitcoin could grow this much, you know it's like they know that bitcoin will be such a big thing in the future and that's right
I guess the saying that said only risk taker can grow their money is true, it's also the reason why i'm holding hard all of my coins, I couldn't imagine being the next winklevoss
but I could imagine to have better financial condition that i'm currently in and I will try to repeat the same feat that they have experienced if I can.
That's because we don't have the same background as the twins, I mean how can they get that amount of money if they don't have a safety net in place, they are rich in the first place so they can afford to buy that amount of bitcoin without batting an eye, us common people and the twins are completely different, that's why you have doubts in the early days of bitcoin, you value money and you want to prevent any loss as much as possible like any other people that doesn't have a rich background.

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