Are Early Adopters rich?

[math09183]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

[BITCOIN4X]

I just wonder: are Early Adopters rich?

Obviously, they become very rich only if they still have bitcoin up to now which means they can still access their wallets. Price fluctuations have determined their fate and you can probably find a lot of information about anyone who got rich in the last decade because of bitcoin.

What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins,

They don't tell you how many bitcoins they have in their wallet, just speculating about them might not solve the problem you want to know about. But I can say that there are quite a number of traders and investors in this forum. They are rich because of bitcoin, but anyway we don't know how much.

[DooMAD]

It depends if they managed to resist the temptation to sell or spend.  It's conceivable that many of the people who got in super early when BTC was <$1 may have assumed $10 or even $100 would be the highest it could ever go and sold the lot.  If they held, then yes, they're pretty rich.

[Rruchi man]

I just wonder: are Early Adopters rich?

Whether they are rich or not now depends on the level of financial discipline and wisdom they have expressed and still have currently. More money doesn't ensure that someone becomes rich, as a matter of fact if one suddenly runs into huge money without financial wisdom and discipline, he/she is at the danger of running into debts from an unplanned lifestyle.

Early adopters have become rich if they still possess the bitcoins they purchased then when bitcoins was affordable to almost everyone.

[Bitstar_coin]

Some are and some are not, most of the early adopters who sold btc at very cheap prices never thought it will be this expensive, take the case of the pizza guy for example, see the amount of btc spent for a pizza! if he had held them for the long term he would be very rich. it all depends on the trust each one of them had towards the tech, those who held and were determined to see what will become of btc and were able to withstand the high volatility are probably rich now. Aside from being an early adopter, it takes a lot of trust, determination, and patience to actually become very rich as an early btc invsetor.

[m2017]

I just wonder: are Early Adopters rich?

I suppose that under a number of conditions (like sufficient patience and endurance) this is so. Here are 2 examples: Winklevoss brothers and Tim Draper. But it seems to me that they were no longer poor even before their interest in bitcoin

We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

It would be interesting to hear answers from them, but I think we will not wait for a response from those who still hold hundreds and thousands bitcoin or have made decent money from it in the past. Only those who sold bitcoin for cheap or lost access to them can share their stories. These are my guesses.

[franky1]

What about others?
...
well-known old users? Are they crazy rich living in their own castles or did they lost their coins,

still hoarding since 2012
im 'explorer rich'  (funds calculated to fiat via explorer view of funds) analogy: 'rich on paper'
but not had the desire or reason yet to sell the whole hoard, so not yet ready to buy castles

i have took some out to cover a comfortable life, travel and leisure, but not really much in the scheme of things

that said i have had many many years without the burden of trying to kiss some managers ass for a wage, or having to charm some employer to pay me to do their dirty work. so bitcoin has offered me many freedoms to be myself and do what i wanna do, which to me has been worth more than the small allotments i has played with along the years

 

[carlfebz2]

What about others?
...
well-known old users? Are they crazy rich living in their own castles or did they lost their coins,

still hoarding since 2012
im 'explorer rich'  (funds calculated to fiat via explorer view of funds) analogy: 'rich on paper'
but not had the desire or reason yet to sell the whole hoard, so not yet ready to buy castles

i have took some out to cover a comfortable life, travel and leisure, but not really much in the scheme of things

that said i have had many many years without the burden of trying to kiss some managers ass for a wage, or having to charm some employer to pay me to do their dirty work. so bitcoin has offered me many freedoms to be myself and do what i wanna do, which to me has been worth more than the small allotments i has played with along the years

 

What a great hold of your investments i would say and if i were on your foot then pretty sure i might already able to sell it all when the price hits up 65k+ and would be living a good life considering that USD value
is pretty  high in our country.It is really just amazing that there are people who had been those early adopters do still decides on holding their coins even if it would take a decade.
No one really loves on kissing managers asses but people arent really just too serious on finding ways for them to break out into that shackle and putting up to their minds that they dont have
any choice.Old users whether they had remembered out their coins or not and there's nothing we could able to know their condition or situation but definitely they are hell of a rich person
specially early adopters are holding good or significant numbers of coins into their wallets.

[kaggie]

that said i have had many many years without the burden of trying to kiss some managers ass for a wage, or having to charm some employer to pay me to do their dirty work. so bitcoin has offered me many freedoms to be myself and do what i wanna do, which to me has been worth more than the small allotments i has played with along the years

What's your long term plan? You have enough for yourself, but there must be an idea for what you'll do beyond that?

[Jemzx00]

Obviously yes, even if they have sold early they'll be able to afford anything they want however it will depends on how early they were able to sold all their coins. However, it is highly unlikely for them to sold all of their coins especially if they are part of it (bitcoin).

Anyways, it is just as what franky have said above. Without cashing out or converting their coins into fiat, they are rich on paper which is the value of their assets (bitcoin) in fiat.

[DeathAngel]

Early adopters who didn’t sell much too early are fiat rich. There are many early adopters who sold too early & will forever live in regret. I have seen loads of broke early adopters even on this forum.

[bittraffic]

If they have hold on to their coins til this day they'd be rich. Some of them didn't, we have heard of stories of regrets and post on twitter that they've sold for $8 each thinking BTC is just a hype.

There may still be users who wil still be ich when MtGox coins will be returned. Sooner I guess we'll be seeing their posts here.

[Fivestar4everMVP]

Well, I, in my own opinion can say "yes" to OPs question, but I must also emphasize that not all the early adopters are rich, some, like the dogecoin founder, sold their bitcoins too early, squandered the money realized and today, they are so broke and too ashamed to show up on this forum.
Some others lost access to their coins out of negligence and lack of interest and concentration when they were creating their wallet, all because Bitcoin had no value back then and they never believed it would be this valuable today, some of this set of people are also ashamed to show up on this forum.
While the last set, who are those that believed and held their coins, today are Billionaires and trillionaires, some people in this set no longer show up on this forum too, because either they see no reason to still be here, or they now have lots of companies and businesses to manage, and no longer have time to show up here.

[darkangel11]

I don't know if I qualify as an early adopter, but I was buying when the price was 500 to 800 USD. I don't feel rich by any means. I live a normal life, comparable to the people around me. I just have more savings and of course my unrealized profit from bitcoin, but I'm not going to sell anything at this price.

I know of some bitcoin investors like the ones in the news. People who made bitcoin casinos before 2015 are doing pretty well and living in expensive houses. You probably know who I'm talking about.

[uneng]

There are very few early adopters from the initial years of bitcoin. We can't say exactly how many of them got rich and maintained a solid patrimony till today, because financial management isn't a common skill to every individuals. Several lottery jackpot's stories show us that: people who won huge sums of money, but ended bankrupted because they didn't use their money wisely.

The same might have happened to some bitcoin early adopters.

Moreover, I don't know about living in castles, but there are indeed early adopters enjoying very confortable and pleasant lives thanks to increasements in btc's price since the beginning.

[GiftedMAN]

still hoarding since 2012
im 'explorer rich'  (funds calculated to fiat via explorer view of funds) analogy: 'rich on paper'
but not had the desire or reason yet to sell the whole hoard, so not yet ready to buy castles
 

@Franky1, this is amazing, it's been 10 years now since 2012 and you never sold everything not even when the price of Bitcoin was higher than it is now, I believe OP and other new members like me will be encouraged not to give up no matter the current situation of the Bitcoin market after seeing your contribution here. Indeed Bitcoin is financial liberty and freedom for anyone who understands the importance of it will never be in a hurry to sell instead of holding and buying more during bear season like as it is now  so that when the price goes up (Bull run ) more profit will be made.

[dothebeats]

Perhaps only a little of them managed to become very rich due to obvious reasons. A lot of them probably sold even before bitcoin gained the traction that it needed in order to keep breaking records. Those who are considered as early adopters but aren't rich may have sold their coins along the way.

I was in the game when bitcoin was around $200. Bought some during those times and kinda forget that I have some bitcoin lying around on a mobile wallet and sold those at 2017. Until then I'm just rebuilding the stash but was tempted to sell at $65k and hoping to rebuild my stash again. Am I rich? Far from it. But one thing is for certain though: those bitcoin profits that I have had helped me settle in an extremely comfortable position for my personal finances. I can stop working right now and still be able to afford rent and some vacations here and there for the next 10 years, but of course I won't do it.

[jakelyson]

I can't say that I am an early adopter but I was around when bitcoin was still at $200. I sold out in 2017. Made so many bad decisions trading but still able to survive. I can't say I am rich but I am better financially now that I am in crypto than before.

I know some of my peers are also better off now because of their bitcoins. They are not castle owning rich but at least financially free. And they don't own tons of bitcoin. I believe the real believer and diamond hand holders at least made a fortune in the last bull run. But I doubt they will come out here and proclaim how much they made or if they own a castle now.

[n0ne]

Early adopters who kept hold of the bitcoin's were rich. Other than this users who forgot about buying bitcoins in the past and remembered it after years and finding the wallet have turned rich. I believe one out of ten early adopters might be rich, because during the early days very few believed in its potential and kept hold whereas the majority sold whenever there is small rise in the market.

[KingsDen]

It is so subjective.
Not all early adopters believed in bitcoin. Some thought it was a bubble and maybe the latest ponzi scheme, so they were so smart to discover the scheme early, and when bitcoin made the first early moves, they sold off.

The remaining faithfuls might have fallen off after the phase bug crash of btc to $315, they might have regreated and didn't follow the second sail.

No doubt, there are few who are super rich now and it is those who understood the nature and potentials of bitcoin and decided to hodl. And also people who were already rich that they could leave their bitcoin investment for years and still live comfortably.

[Cryptopher]

Some will be, many will still be holding at least the bulk of their coin.

There are so many variables, but actually those who got rich according to cold, hard dollars are most likely those who took successfully advantage of trading patterns and trends. Basically squeezing the noobs who thought they could get rich quick of their precious investment.

[Imran232]

<..................>

If we analyze the past, then BTC already proved that early adopters are not only rich right now, they are also the bitcoin whales on the market too. They are future top billionaires or might be trillionaires. So yeah, in a simple sentence, early adopters are obviously rich. Though we may be a little earlier in Bitcoin, we are not much earlier than people in 2010. So yeah, if we can grab bitcoin right now, we will get benefits in the future. Not now, but in the near future, you can also be rich. If crypto can give me financial freedom, then obviously you can too.

[hatshepsut93]

It depends on:

a) how many coins they have

b) how many coins they sold/donated/lost

c) costs of living in their country

For some having a few millions of dollars already counts as rich, for others that would count as regular life savings for a middle-class person. So the answer is - it depends. Not all early adopters are rich, even if they have hundreds of coins.

[EdenHazard]

If they found out their bitcoin purchases back in 2011 or earlier then cashed the money out in 2020 -2021 they are an obvious super luck early adopter , but if you found out the coins & cash the coins out in 2015 to 2019 and then buy the coins back in 2020 where the ATH reached ... then idk what to say.

You might not as rich as you should be , but the buying point would be much more higher in value and that's still a win tho.

[GeorgeJohn]

On my opinion I suggest that those investors who invested into  cryptocurrency, especially Bitcoin have made it if actually they hold someone here cryptocurrency they bought in 2009. But if those Bitcoin they have during the Creation of cryptocurrency till date is not longer in their custody, that means that their no way to be attest that they rich. Bobby Rich is basically known through a budget and plans.

[franky1]

still hoarding since 2012
im 'explorer rich'  (funds calculated to fiat via explorer view of funds) analogy: 'rich on paper'
but not had the desire or reason yet to sell the whole hoard, so not yet ready to buy castles
 

@Franky1, this is amazing, it's been 10 years now since 2012 and you never sold everything not even when the price of Bitcoin was higher than it is now,

having acquired coin at the $6 range

you get to a point where you are no longer checking daily what your total net worth is on the daily.
in like 2013 at the first $1200 ATH . i reached that point where i just stopped looking
i just worked out as long as bitcoin was worth more then X  im all good with life so dont need to check total net value
it became like a retirement fund where you dont check whats inside your retirement amount daily you just know by the time X years have gone by you know it will cover your destined plans for life in the future

i dont check the net value and i probably would get shocked if i did work out what it converts to.
but i just use logic, EG
why buy a house now which only appreciates to 2x value in 1.5 decades wheres as value in bitcoin would appreciate by 1.5x much sooner.

it was also tactics on day trading where i would only day play with 1% then 0.1% amount and so on when bitcoin appreciated in value over the years. and so i just dont look, worry concern self with the hoard. i just play with small decimal amounts as and when needed to cover daily costs with the profits of day trading the small allotments

funny part is even when we had the 2020-2020 hype and correction. i put another ~$6k(£5k) into bitcoin after the correction as i saw bitcoin was back in the cheap zone so thought i dont need to sell and a great time to be a buyer so i might aswell throw some disposible income into bitcoin and ride the next cycle for a lil bonus without the risk

[nullama]

As others have said, it depends a lot on many variables, so some of them would be very well off, others not so much, and others in between. Some have also sadly passed away as well.

I remember reading in reddit that the two people involved in the first BTC-pizzas exchange, laszlo and jercos, are now both not-rich and not-poor. Just comfortably in the middle.

[NotATether]

I know of some bitcoin investors like the ones in the news. People who made bitcoin casinos before 2015 are doing pretty well and living in expensive houses. You probably know who I'm talking about.

In other words, to be rich, you must do something ahead of the swarm.

It also applies with businesses: In the 1980s it was ridiculously easy to manufacture computers and OS'es and get some kind of market share and wealth - today you must have a lot of skill and determination to repeat that kind of feat.

[Mpamaegbu]

What about others? Bitcoin Core developers? Forum admins or well-known old users?

Perhaps, we could get sirius to talk on this. Dude was one of those who came close to exchanging ideas and correspondence with the famed Bitcoin maverick and creator, Satoshi Nakamoto in its early days. Sadly though, sirius was last active here in 2018. I've thought of this myself about early adopters being wealthy from their discovery of Bitcoin but then I realized that none of those early adopters truly knew the actual potential of Bitcoin. It was a gamble of investment they took and once they saw little profit, most of them would've cashed out. Those who are really reaping from Bitcoin now must be those who bought back or the "second phase" of adopters.

[KaliLinux]

Maybe a few, just saying though, because as we know most people who were not really core Bitcoiners then didn't take Bitcoin seriously whether it came to them by way of winnings from Games played like in this case and spending what all of us now see as outrageous now.

Sziky on the bitcoins won at the 2011 Starcraft tournament: “I didn’t take them, I asked them to pay me $ 40” – Games

Bitcoin Pizza Day

So for those that for some reason were able to hodl what they had from the early days of Bitcoin, of cause I should believe so.

[BlockchainMentors]

Yes, it is true that there are many investors here who have become rich from bitcoin, but no one tells that even Tesla company did not tell how many bitcoins they have, no one would like to tell if you have it, you also do not tell. Would you like and the one who started investing long ago has become rich today.

[Issa56]

I don't really think all of them are rich, but am sure some of them are very rich currently, some of them lost access to thier wallet address which happens to lot's of people. A friend of mine bought some bitcon when it was still very low around 2015, he was trading bitcoin and making some little money because most people don't still trust bitcon at that moment, he later bought some certain amount and left it in a wallet on his phone without backing up his private key, later the phone crashed and all his bitcon was gone, all the effort to retrieve the coin was in vain, he keeps on telling about the bitcoin, he always tell me if he knows bitcoin will be like this, he will have secure the private key and by now he will be very rich. Some of the people that adopted bitcoin early lost access to their wallet address.

[glendall]

they should be billionaires, but with a record they hold their btc, until now even though they have sold it at 60k $ yesterday and bought it back at 20k $ still get double profits.

[lucates]

It depends if they managed to resist the temptation to sell or spend.  It's conceivable that many of the people who got in super early when BTC was <$1 may have assumed $10 or even $100 would be the highest it could ever go and sold the lot.  If they held, then yes, they're pretty rich.

It depends, early adaptation is always a good opportunity for all, but keeping the opportunity matters. Not everyone is an early adaptor, but many still make a good profit. So, whether you are early adapters or not, keep your opportunity. Later is better than never.

[DU18]

As others have said, it depends a lot on many variables, so some of them would be very well off, others not so much, and others in between. Some have also sadly passed away as well.

I remember reading in reddit that the two people involved in the first BTC-pizzas exchange, laszlo and jercos, are now both not-rich and not-poor. Just comfortably in the middle.

I doubt if anyone has held bitcoin since the early days of bitcoin, because in my opinion bitcoin was not very popular at that time and people didn't think that bitcoin could reach the price it is today, maybe in early 2014 many people started trying to hold bitcoin because they starting to know if the price of bitcoin is increasing, in my opinion 2014 is the starting point for the rise of bitcoin so has become a phenomenon as an investment until now. looking at the current bitcoin price, there may be regrets for miners who sold bitcoin at a fairly cheap price in the past, especially for those who bought two pizzas at a price of 10K bitcoin.

[KingsDen]

that said i have had many many years without the burden of trying to kiss some managers ass for a wage, or having to charm some employer to pay me to do their dirty work.

I already knew that there are some reasons why you chose not to wear promotional signature and avatar. I had wanted to ask, but I am not good at sending PMs, I feel like it disturbs people's peace. Now that I have known some of the reasons, I have to say;
1. You make quality posts and as such, you do not need to kiss a managers ass in order to be hired. Infact, managers should be grateful having you to promote their campaign. I have seen some managers like Icopress invite some users personally to their campaign, this is an indication that quality posters doesn't struggle or kiss asses to join campaign.

2. Are all projects in this forum dirty? Could it be that the one you would have loved to promote is dirty?

3. I think there is nothing wrong with getting paid while doing your passion.

[wxa7115]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

As you may guess there is not a general answer for that, there are some early adopters which are in fact very rich as they got their coins for almost nothing and they still hold their coins to this day.

However there are many people that were interested in bitcoin back in the day that got no benefits out of it, and there are many reasons for that, they may have lost their coins long time ago, sold them for a low price, actually used their bitcoins to buy some stuff they needed or they simply gave up on bitcoin and did not believe it would reach the heights it has reached.

[OgNasty]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

I don't think that Hal Finney's Bitcoin stash is the norm for early adopters.  He was THE man.  There can only be one...

That being said, I discovered Bitcoin in the summer of 2011 and have been pretty active since then in everything crypto I could learn about.  I am not living in a castle, but I also am not having to work 7-15 every day to pay debt.  In fact, I'm still living in the same house that I owned before discovering Bitcoin and driving the same car since back then (although I am on the Cybertruck waiting list).  For me, Bitcoin was always about freedom and security, not fancy clothes and foreign cars.  I do wish that I had stashed away 1,000 BTC when I was considering it in 2012 though.  Maybe then I'd be flying private jets to my castles, but more likely I'd be the same cheap guy who still doesn't pay extra to put cheese on my takeout sandwiches when I have cheese slices at home.  

[dark1234]

I don't really think all of them are rich, but am sure some of them are very rich currently, some of them lost access to thier wallet address which happens to lot's of people. A friend of mine bought some bitcon when it was still very low around 2015, he was trading bitcoin and making some little money because most people don't still trust bitcon at that moment, he later bought some certain amount and left it in a wallet on his phone without backing up his private key, later the phone crashed and all his bitcon was gone, all the effort to retrieve the coin was in vain, he keeps on telling about the bitcoin, he always tell me if he knows bitcoin will be like this, he will have secure the private key and by now he will be very rich. Some of the people that adopted bitcoin early lost access to their wallet address.

they lost access to a bitcoin wallet a lot because they didn't think bitcoin would provide the value it is today so they didn't secure the wallet key properly and this is understandable considering the value of BTC at that time was very cheap and maybe some thought it was priceless, and for early users it would be rich if holding it until now but i still haven't heard about it....

[GeorgeJohn]

Yes, it is true that there are many investors here who have become rich from bitcoin, but no one tells that even Tesla company did not tell how many bitcoins they have, no one would like to tell if you have it, you also do not tell. Would you like and the one who started investing long ago has become rich today.

Actually in a normal circumstances you don't have to review your investment plan to your neighborhood until you become successful in the business. Bitcoin investment is the kind of you will have and you can only speak out when you achieve positivity into the investment. I believe that bitcoin is a personal kind of investment that get someone rich depends on the how amount you purchase and how long it stays during the time of holding. Long holding cryptocurrency investment do give people the short cut of becoming rich.

[Issa56]

they lost access to a bitcoin wallet a lot because they didn't think bitcoin would provide the value it is today so they didn't secure the wallet key properly and this is understandable considering the value of BTC at that time was very cheap and maybe some thought it was priceless, and for early users it would be rich if holding it until now but i still haven't heard about it....

Seriously most of them don't know bitcoin will be successful, they believe it won't really have any value and it's going to die so the where not serious with wallet security, some wrote down their private key but still cant find where it was written, am kind of suprise bitcoin gets to the current price so fast.
I don't really know about bitcoin early, I started hearing about bitcoin around 2019, actually the price was still kind of low, but I don't really know anybody that will tell me more about it so I have to learn about bitcoin on YouTube and also have to read some pdf before I started trading bitcoin.

[Russlenat]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

Everyone has its own way of managing their investments. If the early adopters show strong faith in bitcoin and were not tempted to sell at a low price, for sure they are reaping their fortune right now. However, for those who never see the real value of bitcoin and just easily sell them off when the price starts to surge, then they must be regretting by now, wishing they have not sold bitcoin at a very early time.

[justdimin]

Maybe a few, just saying though, because as we know most people who were not really core Bitcoiners then didn't take Bitcoin seriously whether it came to them by way of winnings from Games played like in this case and spending what all of us now see as outrageous now.

Sziky on the bitcoins won at the 2011 Starcraft tournament: “I didn’t take them, I asked them to pay me $ 40” – Games

Bitcoin Pizza Day

So for those that for some reason were able to hodl what they had from the early days of Bitcoin, of cause I should believe so.

Same happened with me as well personally. I had about 45 bitcoins back in the day, and sold them for a great vacation. It wasn't really "free" at the time, it was like 100 bucks each, so I rented somewhere amazing and had the most wonderful vacation of my life that I will never have again, because I will never have that kind of cash to throw at a vacation.

But, I made my peace with it, it was a once in a life time thing if you asked me then, if I kept it then I could have done it every year, but I didn't and I am fine with that. This is why I believe that not every early bird is a rich person, there are thousands of people like me who missed the boat.

[CryptoHeadlineNews]

still hoarding since 2012
im 'explorer rich'  (funds calculated to fiat via explorer view of funds) analogy: 'rich on paper'
but not had the desire or reason yet to sell the whole hoard, so not yet ready to buy castles
 

@Franky1, this is amazing, it's been 10 years now since 2012 and you never sold everything not even when the price of Bitcoin was higher than it is now, I believe OP and other new members like me will be encouraged not to give up no matter the current situation of the Bitcoin market after seeing your contribution here. Indeed Bitcoin is financial liberty and freedom for anyone who understands the importance of it will never be in a hurry to sell instead of holding and buying more during bear season like as it is now  so that when the price goes up (Bull run ) more profit will be made.

It is encouraging knowing someone held his/her Bitcoin since 2012 till date without selling it, because that's actually a big sign how much he/she believes Soo much in the Bitcoin movement & great motivation to me who is barely just 2 years into Cryptocurrency. And regarding the question OP asked "If are early adopters rich?" I will say it actually depends, because take a look at the case of Laszlo Hanyecz who sold 10,000 BTC for just mere 2 pizzas worth $41 back then, because only if had he held the 10000 BTC till date, that would have been a whopping $200million with an estimated rate of $20k per 1BTC.. Which am sure with such money you don't need a job anymore

[ChiBitCTy]

I would say that the most likelihood is that most early adopters are not rich. One thing to keep in mind is that when you buy bitcoin at such low levels, and then it goes up even just a little in dollar amounts, that could be 100s to 1000s of % gains, and it’s hard to not take profits off the table. People have bills to pay and often needed that money to pay them. So everyone’s situation is different.

[Fatunad]

I would say that the most likelihood is that most early adopters are not rich. One thing to keep in mind is that when you buy bitcoin at such low levels, and then it goes up even just a little in dollar amounts, that could be 100s to 1000s of % gains, and it’s hard to not take profits off the table. People have bills to pay and often needed that money to pay them. So everyone’s situation is different.

Everyones situation is really different and even myself would be seeing that would really be making a huge sell or immediate whenever i do see that i had earn 100-200% of my coins
and since this market is unpredictable or not known then you would really be having doubts on holding for the future. Some do able to hold but majority for sure had
made out a sell which i dont say for it to be bad since profits is profits but for those who do able to hold then they do deserve on the huge profits
that they do able to earn and there's no doubt that majority of those early adopters are rich.

[Franctoshi]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

For sure early adopters who hold Bitcoin and didn't sell till now are super Rich as Bitcoin as has risen from 1 dollar up to $6900 person , I wish I have known Bitcoin as at that time by now I will be super rich , One of My friend that are among the early adopters of Bitcoin had about 200 of Bitcoin he bought very cheap when Bitcoin was nothing , then during 2017 he sold it all around $900 due advice from some of his friends then that Bitcoin was a scam coin,  that it would eventually come to crash one day.

[Sanitough]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

It all depends on how they managed their early investments. If they are not eager to sell them earlier at a higher value, maybe due to some emergency cases too, then it’s certain that until now they are still hodling bitcoin, a lot bigger than before. Early adopters are most likely living in fortune nowadays, only if they did not spend their bitcoin in times they need fiat the most.

[hypersonic1]

Generally if you can hold 4-5 years or a year after a halving you will do well if you accrued during a low.

[Mr.right85]

What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

For sure, you answered most of your questions in this little quote. You don't become reach by just having bitcoin in your wallet or on an exchange (Besides, it's not widely accepted yet). Also, some others spent it because, it felt like free money, or now have they come to realise there mistakes.

The value of bitcoin could be expressed in two ways,
Either you must have sold them and pocket its fiat equivalent or
The one you just look at on the charts or some virtual holdings quantifying with dollar.

Either ways, you never can really say you are reach as an easy adopter without asking some real sales and using the fiat money out of it to buy what the world offers. Unfortunately, most bitcoin adopters aren't into selling there coins but instead, they take the hodling approach towards it.

[Kelvinid]

Likely, if you are here and buy many Bitcoin where the price was just $1k, imagining the price today and you still hold it you are absolutely rich this time. I'm sure someone or a few people had managed to keep their Bitcoins until today and they just let the last ATH pass without selling any as their plan could be long-term. Thus, if you are also able to do it now and hold for at least 5 years, you can think that it might double or triple your money, or even more.

[adzino]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

You already answered your own question. The early adopters those who were holding their coins are the ones that are super rich now. Obviously they are even if the price isn't no where near the all time high. Look at the chart and see the price of bitcoin back then. But those that sold, forgot or lost their coins are the ones that are working 7-15 every day as usual. The same thing people will be saying after few decades if bitcoin survives. Those who held now are enjoying their lives, those who sold are regretting.

[GreatArkansas]

I heard some stories, and a lot of them which most of them are in regret because they sold most of the Bitcoins that were earned in the early days in very early, it's just sad for them. But overall, they are not losers at all, they sold it with profits. This is one of the best examples of how the strong hands holder is really lucky.

[Dave1]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

I advise you to go and thread this thread,  Wall Observer BTC/USD - Bitcoin price movement tracking & discussion, you can find a lot of early adopter there, and who knows, maybe you can get a hint if ever someone is rich or not.

But if you go to the basics, we just know the addresses and not the name behind it, again, and we heard like early adopters selling when the price is like 2 digits, and then maybe still holding up to this day, so nobody knows.

[MarjorieZimmermanGinger]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

The beginning of the Bitcoin Advociation does look quite crazy, because the selling price or buy is not so relevant to its development. But over time, Bitcoin is able to give a surprise outside the prediction of many people, and it is very dependent on they are able to survive or sell, many people who enter early or can be assumed to be $ 10 but if today they are still holding, then it is not impossible to become a billionaire who have everything they want, looks crazy at the beginning of its appearance but not now

[BALIK]

still hoarding since 2012
im 'explorer rich'  (funds calculated to fiat via explorer view of funds) analogy: 'rich on paper'
but not had the desire or reason yet to sell the whole hoard, so not yet ready to buy castles
 

@Franky1, this is amazing, it's been 10 years now since 2012 and you never sold everything not even when the price of Bitcoin was higher than it is now, I believe OP and other new members like me will be encouraged not to give up no matter the current situation of the Bitcoin market after seeing your contribution here. Indeed Bitcoin is financial liberty and freedom for anyone who understands the importance of it will never be in a hurry to sell instead of holding and buying more during bear season like as it is now  so that when the price goes up (Bull run ) more profit will be made.

Not everyone can do this, we all know holding bitcoin will bring us wealth but to be like Franky1 is not easy.

The purpose of investing in bitcoin or any other investment is to serve our lives and the lives of our families, I still hold and accumulate my bitcoins when I can but when the price hits my target or I need money for life, I still have to sell them. Of course, I will buy again when there is an adjustment but can not hold the same way that Franky1 did. His investment is admirable.

[BobK71]

It depends if they managed to resist the temptation to sell or spend.  It's conceivable that many of the people who got in super early when BTC was <$1 may have assumed $10 or even $100 would be the highest it could ever go and sold the lot.  If they held, then yes, they're pretty rich.

Hodling may seem so easy but in reality, it’s not. Those who are patient enough to hold bitcoin since from the start and only sell them after 10 years or more, probably they are living in luxury at the moment. The price of bitcoin keeps on appreciating so definitely, they must have been amazed by the current value, not expecting that the $1 cost of bitcoin they used to hold could go this far.

Yes, being a real holder is not a simple matter. When BTC was 10 cents the attitude of most holders was that if it was $100 they were gainers. They want to hold it until it gets to $100 where if it gets to $300 I think very few people will be able to handle that temptation and if it gets to $1000 few people will be able to hold on to their BTC. It was a difficult task. At the end, those who managed to hold it until today they are successful. So, instead of being an ordinary holder, you should continue to try to become a real holder.

[LogitechMouse]

Yes and No.

If they held their Bitcoins until now then they are f*cking rich right now. If they bought Bitcoin right from the start or even 2 years after it was created, they are still rich right now. That is if they are still holding Bitcoins until now. For sure, many here knows the person who dumped his hard drive in a dumpsite and that hard drive contains a private key that can open a wallet that holds 8000 Bitcoins. Probably there are some early adopters as well who just forgot their private keys for some reasons or the like.

No if they sold their Bitcoin holdings immediately. TBH, this is very subjective because not all early adopters did the same. Many choose to held, many choose to buy some things like Lazlo who bought a Pizza for 10000 BTC, many choose to sell for some reasons, many sold because they saw that their profits are good already.

[nullama]

Yes and No.

If they held their Bitcoins until now then they are f*cking rich right now. If they bought Bitcoin right from the start or even 2 years after it was created, they are still rich right now. That is if they are still holding Bitcoins until now. For sure, many here knows the person who dumped his hard drive in a dumpsite and that hard drive contains a private key that can open a wallet that holds 8000 Bitcoins. Probably there are some early adopters as well who just forgot their private keys for some reasons or the like.

No if they sold their Bitcoin holdings immediately. TBH, this is very subjective because not all early adopters did the same. Many choose to held, many choose to buy some things like Lazlo who bought a Pizza for 10000 BTC, many choose to sell for some reasons, many sold because they saw that their profits are good already.

Laszlo bought 2 pizzas for 10,000 BTC because it was nothing at the time. He was mining with a CPU and then with a GPU, getting 50 coins every few hours/days. In his own words, it was basically free pizza.

It's not like he only had 10k BTC and traded it all for two pizzas, he had lots more. And kept a bit more. He's said he's doing OK these days, not crazy rich, but also not poor at all.

[Cryptmuster]

Likely, if you are here and buy many Bitcoin where the price was just $1k, imagining the price today and you still hold it you are absolutely rich this time. I'm sure someone or a few people had managed to keep their Bitcoins until today and they just let the last ATH pass without selling any as their plan could be long-term. Thus, if you are also able to do it now and hold for at least 5 years, you can think that it might double or triple your money, or even more.

It is difficult to keep coins for so long, when you see that your invested money has doubled several times, then it becomes very difficult to resist selling. Therefore, I think that very few people were able to keep their coins to this day, but of course those who were able to do this became very rich people, this is a reward for patience. Those who buy now and will be able to hold for many years will also get a good profit, maybe not so big, but still it will be a significant profit.

[Reatim]

depend if how does that early adopters did to their crypto , because if they keep the funds On hold then Yes they are truly richer but if not? then the problem is that they will be   a cry baby these days as their chances of becoming millionaire had gone bad.

the HODLERS is whom the rich people now and still getting richer as years runs by.

[kryptqnick]

I'd love to read results of a survey of early adopters to see how many of them sold, at which price, how much did they make in percentage from the initial investment and in absolute terms. Unfortunately, it doesn't seem that such research was conducted. I'd assume that some made money from it, but from people I know personally who knew about Bitcoin a long time ago and at some point had significant amounts, they sold at quite low points well before the 2017 craze, let alone the further rise of Bitcoin. But it's just a couple of people and I'm well aware that the overall situation might be very different.

[Natalim]

Becoming rich was certain if they hold it until now but the question had raised as well if they still have them. Because if you are very active in social media can't be far from selling them due to some negative news that brought you to decide to sell. Those early adopters might gain a profit but not to say they become rich because of Bitcoin alone. Might these new adopters do well compared to them due to hearing some advice from old timers having some hint on what to do in the market.

[swogerino]

I'd love to read results of a survey of early adopters to see how many of them sold, at which price, how much did they make in percentage from the initial investment and in absolute terms. Unfortunately, it doesn't seem that such research was conducted. I'd assume that some made money from it, but from people I know personally who knew about Bitcoin a long time ago and at some point had significant amounts, they sold at quite low points well before the 2017 craze, let alone the further rise of Bitcoin. But it's just a couple of people and I'm well aware that the overall situation might be very different.

I know some of them who sold at the peak of 2021 but they are just a small minority,I also sold the majority of mine,well I only had 0.50 Bitcoin at that time.I think the overall situation is that most of them are still hodling this day and the minority of them sold or liquidated their Bitcoins at a really cheap price.I have no arguments for this except the news I have been reading for many years and seeing some wallets with fat amount of Bitcoin and the date of these transactions is really old.So in theory these hodlers right now can be called rich if they happen to sell their amount of Bitcoins as that would amount to million dollars for most of the early adopters who still own their Bitcoins.

[gamercent]

I can't say 

[harapan]

Folks who adopted bitcoin at the early phase would probably be rich if only they held onto their coins. Then bitcoin wasn’t really known worldwide and it’s value was still pretty low compared to what we have now. So I can say with certainty that folks who adopted and held a greater percentage of their accumulated coins would probably be rich now as the value of bitcoin has increased.
I think what should be learnt from this is the importance of holding for the long run. Who knows? You could very well be among the “rich” in the next 5 to 10 years only if you hold

[TheNineClub]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

It really depends how much early adopters have/had, how much are they still holding on to, if they sold, when did the do it and what exatly means being rich. And I am not talking abiut esoteric concepts here, but maybe 1mil dollars upon sale might be rich on paper, but without knowing how much went to taxes, debt and so on, it's hard to tell. Sure, 100min is a completly diferent story, but it's hard to say how much of them actually have/had that.

[amihada]

It's very clear that early adopters are getting rich today because at that time the price of bitcoin was still cheap. If in 2018 someone invested in bitcoin, rth or bnb, now they become billionaires because the price of the coins they hold has gone up drastically.

[Oasisman]

It's very clear that early adopters are getting rich today because at that time the price of bitcoin was still cheap. If in 2018 someone invested in bitcoin, rth or bnb, now they become billionaires because the price of the coins they hold has gone up drastically.

Again, like some of us here said "it depends" because not all of the early adopters have hodled till 2017 or 2021 to sell their Btc's at the most convenient price.
Have you heard of those people who have bought Btcs back at around 2010 where they eventually dump their hardwares where their Btc was stored just because they forgot about it coz they don't actually believed that Bitcoin could reach this much?
Do you think they became rich or even richer now if they're considered rich before Bitcoin?
Therefore, It is still "not" clear if those early adopters really became rich.

[|MINER|]

It's very clear that early adopters are getting rich today because at that time the price of bitcoin was still cheap. If in 2018 someone invested in bitcoin, rth or bnb, now they become billionaires because the price of the coins they hold has gone up drastically.

I have also doubt on it that early adopters are getting rich today. One side of view it is true that those who invested in it for the long term are better off today.  But I think you have to take into account both positions of the market, when the market is bad and if your economy is not strong enough to handle it then I think you can't survive in the market.  So I think it is not always true that Bitcoin adoption will make you rich

[virasisog]

It's very clear that early adopters are getting rich today because at that time the price of bitcoin was still cheap. If in 2018 someone invested in bitcoin, rth or bnb, now they become billionaires because the price of the coins they hold has gone up drastically.

It depends on how they handled their Bitcoin and the value of it when they sold it. Some of them weren't patient and sold their holdings right away. I believe that the early adoptors who got rich are those who sold their BTCs during the ATH. Those who had long patience to hold their assets for a long time. Some of them are still holding their coins until now and hoping to maximize their profit in the next ATH.

[tbterryboy]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

Some of them that sees btc as an asset yes because they buy and hodl them up until now but for those who only adopt btc as a currency for daily use then no they haven't made a fortune through it. Is that "mastering bitcoin" a book? And it is digital and being handed freely?

What a nice guy the author then but if this happens to other authors, they will be selling their books because they have use their time and effort to create it, most especially if it's a physical one since you need some materials. Luckily the author that we are talking about still got donations. 100 btc is huge especially if that kept until today. That was still considered as a wealth or fortune.

[uchegod-21]

Not all early adopters are rich. Some did not take bitcoin seriously. Some did not buy bitcoin at all. Some bought and sold off all. Some used theirs to play of poll. Some used theirs for ponzi scheme and lost all. Some cannot recover their own as they bought and forgot about it. Only some serious and enlightened ones wet able to buy, save and make big profits.

[isaac_clarke22]

~

If I was an early adopter of one, I am sure that I would not be able to get my profits regardless, lol as surely many wallets would not allow me to just get the cash out of it. I would imagine myself resorting to p2p trading, which might be a little......tedious in my area considering that there is little to no people here that uses Bitcoin.

[blockman]

I have seen people telling me that they've been holding like for more than 7 years and they didn't sell. I guess they're also part of those OG early adopters and managed to be rich lowkey.
But I'm sure that many of us would have thought that if we bought bitcoin like for $10/btc then we most likely sold it for $100. That's the reality, so salute to those that have been holding for so long and still haven't sold any of it or probably have sold but still managed to hold a lot.

[Finestream]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

Mostly have become rich but some remain poor because seems like they always miss the train, and they never have strong faith in bitcoin in the early days. While others take advantage on the low priced bitcoin and hold as they can, others just bought bitcoin and sell afterwards for profits. Maybe that explains why some early adopters end up being rich, while others regret and see their selves still poor until now.

[Vaskiy]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

Mostly have become rich but some remain poor because seems like they always miss the train, and they never have strong faith in bitcoin in the early days. While others take advantage on the low priced bitcoin and hold as they can, others just bought bitcoin and sell afterwards for profits. Maybe that explains why some early adopters end up being rich, while others regret and see their selves still poor until now.

I think most weren't rich. Majority have missed the train and a very few got into the train and enjoying the journey. Even among them very few seems like traveling on the train whereas the others have got down at the intermediate stops. As stated this is all because of trust, and some have got into the train at intermediate stops and they're once again rich in my understanding. So, rather than early adopters people who invested in recent days at the right time are rich.

[BitcoinGirl.Club]

But I'm sure that many of us would have thought that if we bought bitcoin like for $10/btc then we most likely sold it for $100. That's the reality, so salute to those that have been holding for so long and still haven't sold any of it or probably have sold but still managed to hold a lot.

Who always had the coin in mind, most of them sold when they had a decent gain of the coin they purchased or even mined. So someone brought at $10 a coin, when it reached  $100 they sold. It made sense. That time bitcoin to have $100 was as big as bitcoin to have $10k now.

On the other hand there were people (even still exists), who forgot about their coin. Completely out of mind. Some incident or something reminded that they had some coins in their old device or they had the key somewhere, then they looked for it to restore the coins. These are the people who became rich. In this criteria there are many people who were not able to recover the wallet. Call them the most unfortunate. All their life only they know what they missed.

There are other type of people who always had bitcoin but they knew this has a potential and $100 was the start only. So even they sold a portion but they always kept some portion for long future. These are the people considers as true bitcoiner. They are the visionary.

[gunhell16]

What about others?
...
well-known old users? Are they crazy rich living in their own castles or did they lost their coins,

still hoarding since 2012
im 'explorer rich'  (funds calculated to fiat via explorer view of funds) analogy: 'rich on paper'
but not had the desire or reason yet to sell the whole hoard, so not yet ready to buy castles

i have took some out to cover a comfortable life, travel and leisure, but not really much in the scheme of things

that said i have had many many years without the burden of trying to kiss some managers ass for a wage, or having to charm some employer to pay me to do their dirty work. so bitcoin has offered me many freedoms to be myself and do what i wanna do, which to me has been worth more than the small allotments i has played with along the years

Am I correct in my understanding Sir, you started saving or holding Bitcoin since the year 2012 and until now you have not sold any of the bitcoins you hold? Because if none of your possessions have been sold, you are one of the millionaires today. Because in those years 2012, the value of Bitcoin was still very cheap, it is impossible to imagine how many bitcoins you held or bought at that time, which in fact if you sell it now, its value in dollar terms is terrible has bitcoin in the market at present.

Then maybe the early adopters of bitcoin, most of them were sold or they lived with their wallet balance until now. There are probably only a few people like you who have not sold a single bitcoin since you started doing it in 2012, you have been storing your Bitcoin for more than a decade. Have you been thinking about 20 years or 30 years, do you intend to store what you have before selling it in the market? how much is one bitcoin?

[8rch7]

If we compare the price of bitcoin at the beginning of its emergence with the price of bitcoin now it is very much different, most likely people who adopted bitcoin at the beginning of the emergence of bitcoin can certainly enjoy the wealth they have obtained from their adoption of bitcoin in the past, because the price of bitcoin in 2016 can it is said that the value is very high, so of course they have fantastic wealth, but it all depends on how they manage the finances they have got, if they are not good at managing their finances, it is certain that the wealth they get will not last long.

[Nrcewker]

It depends on the users themselves, in what conditions they are living now.
If they have sold the Bitcoins, when BTC was around 1000$ etc, then definitely they missed a big opportunity and now working hard in a regular job. Else if someone by mistake kept some Bitcoins anywhere and forgot, and then got access to them in late 2020. Then definitely he will be enjoying his life now.
Nevertheless no one has the ability to see the future, so I am guessing many of the early Bitcoiners have sold their Bitcoins.

[Morosophy]

Not all, many of them sold their bitcoins out of panic. I am one of them. I regret doing that though.

[dark1234]

Not all, many of them sold their bitcoins out of panic. I am one of them. I regret doing that though.

that's normal, my friend..... but if you get it and enter at a low price of course it's okay but if you enter at a high price of course it's a deep disappointment
maybe those who held it at the beginning also sold it because of the panic the price was so high at that time that they couldn't hold it

[RealMalatesta]

Likely, if you are here and buy many Bitcoin where the price was just $1k, imagining the price today and you still hold it you are absolutely rich this time. I'm sure someone or a few people had managed to keep their Bitcoins until today and they just let the last ATH pass without selling any as their plan could be long-term. Thus, if you are also able to do it now and hold for at least 5 years, you can think that it might double or triple your money, or even more.

It is difficult to keep coins for so long, when you see that your invested money has doubled several times, then it becomes very difficult to resist selling. Therefore, I think that very few people were able to keep their coins to this day, but of course those who were able to do this became very rich people, this is a reward for patience. Those who buy now and will be able to hold for many years will also get a good profit, maybe not so big, but still it will be a significant profit.

It is reasonable to expect that though. I mean I had a period in my life where I made so much profit that I was able to pay all of my debts that was there for nearly 5 years. Think about it, living with a debt for 5 years and then suddenly getting out of it means something to many people and it did to me as well so I just ended up selling it.

I paid of all my debts and I spent it on other stuff as well and for the first time in my life, I wasn't supposed to be scared of at the end of the month, because I finally had some money. So yeah, I did get in early, I made a ton of money, I sold and I do not regret it because thanks to that sell, I am not debt free. Could have been richer, but that's fine.

[Igurugwu]

Those of them who sold early i think they are not rich.
That doesn't mean they can't get rich from other sources.
But those who held till now yes i think they are rich.
And i think any still adopting now is still not late as Bitcoin hasn't really achieve all that it can.

[Tomohisa]

Yes, early adopters of Bitcoin are rich but not that kind of rich everyone was thinking with hundreds of million. Many of them must have sold Bitcoin when it was at $1000 so they don't have much from it unless they still got 10 BTC for later. Have you seen the guy keep looking for his hard drive in a landfill that stores thousands of Bitcoin? Many early adopters of Bitcoin were like that. Got a lot of Bitcoin but it was impossible for them to keep on holding it with all the milestone prices of Bitcoin.

[Rigon]

Some are and some are not, most of the early adopters who sold btc at very cheap prices never thought it will be this expensive, take the case of the pizza guy for example, see the amount of btc spent for a pizza! if he had held them for the long term he would be very rich. it all depends on the trust each one of them had towards the tech, those who held and were determined to see what will become of btc and were able to withstand the high volatility are probably rich now. Aside from being an early adopter, it takes a lot of trust, determination, and patience to actually become very rich as an early btc invsetor.

Recalling the pizza bought here, we understand that early Bitcoin users did not get rich.Because they never thought Bitcoin would come to such a good position. So they are certainly not a pizza with so many bit coins.Again, the person who sold the pizza and got 10,000 bitcoins but didn't keep the bitcoins also sold the person.So we can be sure from here that early stage Bitcoin users can become rich.There are also individuals who bought and held bitcoins with no thought of selling them who may have become very rich at some point.

[Raflesia]

I have a few friends who were the ones who introduced me to Crypto and it's safe to say they came before me even though I can't say they were early adopters.
Actually, it might be too much to say that they are rich because indeed wealth for everyone is clearly different and this depends on each perspective.
But their life is well off and in my country it's definitely a pretty good thing to live like that. Regardless of rich or not as long as they are here they can buy what they want and they need it is good enough in my opinion and I plunged into Crypto now I feel that even though I can't call myself rich but when I can buy whatever I need with the money I get then I think it's enough.

[2stout]

It all depends on amount of BTC, whether they were long term holders, if they cashed out in the 5 figure range, and whether or not they were able to hang onto their fortune without spending it all up.

[worle1bm]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

It depends on at what time they have sold like if miners who were involved in bitcoin back in 2011 or so if sold at 2017 say around $19k they would definitely have been rich or if others still have the guts to hold till date knowing how much it will be used at these time.There are many people who just found their keys or wallet files at current time making them millionaires today so yes there are people who have been benefited from bitcoin a lot while some has loss also.

[AicecreaME]

It depends if they managed to resist the temptation to sell or spend.  It's conceivable that many of the people who got in super early when BTC was <$1 may have assumed $10 or even $100 would be the highest it could ever go and sold the lot.  If they held, then yes, they're pretty rich.

I agree. This is a subjective matter and it will really depend on someone's ability to restrain himself and of course, the situation that person is into. If that person managed to believe in bitcoin, invested continuously, and held his coins up until this day, then yes, he is and would definitely be wealthy. Given the value of bitcoin now, if someone managed to dive before when its price is pretty much lower than $10, he's definitely profited so much already.

Meanwhile, if someone didn't really believe that bitcoin would skyrocket and sold his assets early on, then definitely he's one of the many people regretting selling their assets too easily. It would be too bad seeing the price position now. But perhaps some people really needed money that time. Hence, resulting to selling their coins. If it helped them way back, I guess it isn't much of a waste. After all, there's really only a few who trusted btc so much when it has so little value and I can't really blame those who were shaken.

[Republikcoin.com]

Those of them who sold early i think they are not rich.
That doesn't mean they can't get rich from other sources.
But those who held till now yes i think they are rich.
And i think any still adopting now is still not late as Bitcoin hasn't really achieve all that it can.

If you look at the deadline, those who have bought Bitcoin in 2018 and sold it in 2021, then they are rich people, but for those who bought at the highest price in 2021, now they are already poor if they let go of the assets they have bought. last year. So it's not just about how long one holds Bitcoin, but how smart one is at taking advantage of the moment in the market. For example like now, if someone buys Bitcoin at a price of $17K - $18K, then now they already have a profit even when they haven't sold it.

[Kakmakr]

Well, I bought some coins when the price of Bitcoin was just over $300 per coin. This does not make me an "early coiner" ....but it was early enough for me to make very good profits on those coins, if I held onto them until the price reached $60 000.

Now, you should know.... when the price hit $18 000 .... most people thought that was going to be the highest it will EVER go, so a lot of us sold some coins back then. (took profit) .......we did this again at $40 000 and again at $60 000. So what I am trying to say is.... not everyone are hardcore hoarders, you are tempted to sell at different price spikes.  

The secret.... keep some of that profit and buy back some coins, when there are a big crash in the price. 

[Davidvictorson]

I believe that there are two types of early adopters: the wise early adopters and the foolish early adopters. The wise early adopters who became rich are those who believe in the future of bitcoin and never wavered despite the numerous bear markets. Then the foolish early adopters where those who bought bitcoin out of FOMO. They were weak hands and when the market crash happened, FUD overtook them and quickly sold of their coins. Now they are living in regrets and telling stories of how they were the first to buy bitcoin at $20 many years ago.

[Hypnosis00]

I believe that there are two types of early adopters: the wise early adopters and the foolish early adopters. The wise early adopters who became rich are those who believe in the future of bitcoin and never wavered despite the numerous bear markets. Then the foolish early adopters where those who bought bitcoin out of FOMO. They were weak hands and when the market crash happened, FUD overtook them and quickly sold of their coins. Now they are living in regrets and telling stories of how they were the first to buy bitcoin at $20 many years ago.

Then LogitechMouse is right, YES AND NO. Perhaps, that was really going to happen and even to say that Bitcoin welcomes everyone doesn't mean that all who invest in this went successful and become rich. Many of these early adopters had also failed and might suffer losses because of some misconceptions and market worries, and not all of them had the courage to hold longer but easily got panic upon seeing the price decline.

Maybe if can bring back the past and start over again, I know nobody will ever sell their Bitcoin and spend it wrongly but rather hold it until now.

[Issa56]

Not all, many of them sold their bitcoins out of panic. I am one of them. I regret doing that though.

Some of them that don't really believe in bitcoin sold early, but some are still holding and some don't have access to their wallet any longer. I didn't know about bitcon early but have been holding my bitcoin and am accumulating more for few year's now.
I think is not still late to invest in bitcoin, in the next few years you are still going to be among the early adopters, so just buy and hold now so that you won't endup regretting why you didn't buy now.

[Abiky]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

Some early adopters became rich because they "hodled" Bitcoin no matter what. But others haven't been that lucky. I came into the Bitcoin scene in late 2014, but I'm not rich because I've spent most of my BTC in cloud mining companies and daily necessities. All of the cloud mining companies I've invested turned into a scam, so I was left with almost no Bitcoin in my wallet. It was a few years later that I've decided to invest my BTC into PoS coins in order to build a passive income system of my own. I'm now making a lot of money, but I'm still not rich, because again, I've been spending the profits on daily necessities.

To become rich is quite a hard task, especially when the crypto market is widely unpredictable. There's too much volatility where BTC can one day go up and then go all the way down the drain the other day. BTC is still below the projected $1m price per coin, so I'd still consider most of us early adopters. Just keep on "hodling" and maybe you'll get lucky someday.

[Marvell1]

If we compare the price of bitcoin at the beginning of its emergence with the price of bitcoin now it is very much different, most likely people who adopted bitcoin at the beginning of the emergence of bitcoin can certainly enjoy the wealth they have obtained from their adoption of bitcoin in the past, because the price of bitcoin in 2016 can it is said that the value is very high, so of course they have fantastic wealth, but it all depends on how they manage the finances they have got, if they are not good at managing their finances, it is certain that the wealth they get will not last long.

I believe the rise in the price of bitcoin can be considered the most unexpected even for the creator of bitcoin. In 13 years, no one could have predicted bitcoin would be worth tens of thousands of dollars and that the $100k milestone would be broken soon. Back in 2010, programmer Laszlo Hanyecz got excited when he bought 2 pizzas for 10000btc and the situation was then considered a huge hit with bitcoin, from something worthless and can now buy several products. So it can be said that very few people will hold bitcoin so far, they cannot avoid the temptation of bitcoin price when bitcoin hit ATH in the past.

[franky1]

What about others?
...
well-known old users? Are they crazy rich living in their own castles or did they lost their coins,

still hoarding since 2012
im 'explorer rich'  (funds calculated to fiat via explorer view of funds) analogy: 'rich on paper'
but not had the desire or reason yet to sell the whole hoard, so not yet ready to buy castles

i have took some out to cover a comfortable life, travel and leisure, but not really much in the scheme of things

that said i have had many many years without the burden of trying to kiss some managers ass for a wage, or having to charm some employer to pay me to do their dirty work. so bitcoin has offered me many freedoms to be myself and do what i wanna do, which to me has been worth more than the small allotments i has played with along the years

Am I correct in my understanding Sir, you started saving or holding Bitcoin since the year 2012 and until now you have not sold any of the bitcoins you hold? Because if none of your possessions have been sold, you are one of the millionaires today. Because in those years 2012, the value of Bitcoin was still very cheap, it is impossible to imagine how many bitcoins you held or bought at that time, which in fact if you sell it now, its value in dollar terms is terrible has bitcoin in the market at present.

Then maybe the early adopters of bitcoin, most of them were sold or they lived with their wallet balance until now. There are probably only a few people like you who have not sold a single bitcoin since you started doing it in 2012, you have been storing your Bitcoin for more than a decade. Have you been thinking about 20 years or 30 years, do you intend to store what you have before selling it in the market? how much is one bitcoin?

i bought some coin in 2012 to start me off, GPU mined some(btc and LTC(converting to btc)) and won some others in competitions and other stuff, projects etc . and was loving the volatility and arbitrage opportunities of day trading 2012-13. it was a very entertaining time flipping between btc-usd-ltc-btc(and reverse) on a couple exchanges in 2012-13, my yield was increasing fast and it was great fun riding the waves and pump and dumps that were rampant then. arbitraging was just easy and i was loving every second of it.

as things progressed i started to not trade my hoard but keep it out of exchanges and start playing with % of hoard. as the price went up the less % i was playing with (risk adverse tactic)

ive only sold-out completely(exited) a very small percentage of hoard, mainly i was in 2013-16 day trading small percentages on different exchanges to increase my yield and occassionally taking fiat out on those day trade profits (small percentages of small percentages)
 
i have not sold my main hoard so i dont consider myself a millionaire. because i dont have my hands on actual millions of fiat. though value wise of bitcoin would suggest otherwise.

i dont live an extravagant life nor need to show off or act like an elitist or pompous richguy.(you will never see me do a youtube influencer 'lambo' video)
 yea i got the freedom to live and travel without a a$$hole manager/boss/employer. so i live a good life not a pompous life, and im happy

..
looking deep at my mindset of the years.
i started off when btc was about $6 each
and when it leaped to over $100 and then $1200 in 2013 and then back down to $200-$400 in 2014. my mind transitioned to the thought that the price was above my initial acquisition costs so im not at a loss so no need to stress or worry or rush to sell. so i didnt sell on the $1.2k high.
at the time i was planning for the 5-10 year involvement. seeing what the next halving would look like

now i have no exit date/plan, so now i just think of it as a retirement plan(not any time soon),
where no matter what i 'could' sell out and always make a profit, but i have no need to sell my hoard.

i have what i need go where i like and dont wanna waste any headaches on taxes and fiat crap just to hold it in fiat. so why sell out just for receive fiat headaches where holding fiat earns me nothing, has no purpose in my life to just have a bank account of large amount of fiat that just depreciates due to inflation.. (well who would be silly to prefer to hoard inflationary fiat that depreciates in value.. ?)

then(2014+) i just stopped looking at the total value/price of my hoard, because i always knew it was in profit so no need to keep checking on it daily. much like people dont check on their pension plan account balances daily
so i just put it aside and stopped worrying/caring/concerning myself with thinking about.

i just used a very small amount for entertainment play on exchanges day trading. and using profits of the small percentage to cover any real life desires.

in the years of 2014-16 i did lose few a coins to defunct exchanges(the usual "we been hacked see ya never" excuses of crappy exchanges) and some asics that become obsolete quick.. and looking back, yea i could have got upset about the value of those spend/lost coins at todays value. but then again those lost/spend coins were only a small % so its not a big deal in the grand scheme of things.

yep 60coins for a 2nd/3rd gen asic(circa 2014) of only a few hundred ghash, would now seem like a huge waste in todays value. especially when network difficulty/hashrate was rising so high so fast the hash competition didnt even return all ROI
but oh well .. its still a good foot stall and room heater even today.(i dont use it for that purpose. but i could)

i have never traded via emotion or hope/dream. i trade via logic. its seen me good when day trading to increase my yield over the years. and also cover real life stuff.

heck i have the hoard and dont need to increase it. yet even this year when the price calmed back down and corrected from the $70k bubble back down to reasonable cheap coin for this cycle/era. yep i threw in a few thousand in spare fiat to buy more coin for a medium term ROI when the next cycle spins up. because,.. well why the hell not take the opportunity. buy low sell high. and again not need to touch the main hoard

[Haunebu]

This is a dumb question to be honest with you op. The answer is obvious. If they somehow managed to HODL their BTC for a long period of time, they did become crazy rich. If not, they clearly didn't, but profited anyway.

One of the best examples of an early adopter who became rich in this manner is Erik Finman who became a millionaire through some really smart choices.

There are also some early adopters who forgot/lost their stash and recovered it later on which instantly made them rich.

[8rch7]

This is a dumb question to be honest with you op. The answer is obvious. If they somehow managed to HODL their BTC for a long period of time, they did become crazy rich. If not, they clearly didn't, but profited anyway.

One of the best examples of an early adopter who became rich in this manner is Erik Finman who became a millionaire through some really smart choices.

There are also some early adopters who forgot/lost their stash and recovered it later on which instantly made them rich.

Bitcoin was launched in 2009, bitcoin was the first crypto currency and became the most successful compared to other coins, most billionaires get rich by creating ecosystem products and services, they also keep bitcoins for a long time, they also get rich because of them. dare to take risks and recognize profitable opportunities and they dare to collect or mine in the early days and stay afloat, in my opinion there may be some people who become rich, maybe the rest does not exist, because most of us do not dare to take risks.

[amishmanish]

Yes most early adopters must would have made a handsome profit on Bitcoin. Bitcoin is still an evolving crypto, the gains anyone made depends on when they purchased the Bitcoin and how they managed it. Anyone who bought in dip and  then sold it at peak got profited. Money never stays with reckless people. While smart people make money when everyone else is losing. The key is to stay analytical and make wise moves and keep hodling even in dip and wait for then bull run.

[xSkylarx]

They can only be rich if they were able to buy a huge amount during its early years and still manage to hold at this point. I consider myself an early adopted since I saw bitcoin when it was just $200 but since I was just a student at that time, I have no capabilities to buy it. Though I manage to accumulate from bitcoin faucets during those times, I wasn't able to avoid spending it since I need some money to support my studies.

[pawanjain]

Isn't it quite simple that the ones who are still holding have become rich and the ones who sold early lost the opportunity.
At the same time, who are the early adopters really ? May be we are the early adopters too if bitcoin price crosses $1 million per coin in future.
So if we hold throughout then may be the people from future will call us the early adopters as well.
Strong hands will survive.

[DooMAD]

This is a dumb question to be honest with you op. The answer is obvious. If they somehow managed to HODL their BTC for a long period of time, they did become crazy rich. If not, they clearly didn't, but profited anyway.

But by the same token, there are enough early adopters who aren't rich to make a worthwhile distinction.  Anyone who automatically assumes a particular early adopter is rich could easily be making a mistake.  And if you assume all of them made a profit, you might also be mistaken.  Some may have lost everything by losing their private keys.  There's definitely no profit in that.  I know people who got into Bitcoin before I did and spent it all on the darkweb buying recreational substances.  They could have been rich, but they just had a few wild parties instead.   

Hindsight is a bitch.  Not everyone HODLed.  HEDL?  Whatever the accepted past tense for HODL is.

[Gosgosking]

I think early adopters of bitcoin benefited more because then bitcoin was not expensive like the way it is now.  Those who were able to hodl bitcoin had much profit, I think volatility,  the rate which bitcoin price increases was kind of fast. Then world inflation was not high and inflation was not affecting the market.

[freedomgo]

It depends if they managed to resist the temptation to sell or spend.  It's conceivable that many of the people who got in super early when BTC was <$1 may have assumed $10 or even $100 would be the highest it could ever go and sold the lot.  If they held, then yes, they're pretty rich.

Probably, if early adopters have tend to forgot their investments and only remember it today, then surely they'll gonna be instantly rich. But i doubt it as most of them have not expected for bitcoin price to go this far, and they just spend or sell it right away when they see small profits. So definitely, early adopters have become rich if they hold them even for 10 years, but for those who are quick enough to sell them, i think they must be regretting today, wishing they have not sell them earlier.

[GideonGono]

I think only few would have been lucky to resist the temptation on selling their Bitcoin when they gained a lot of profit on the earlier years.
I am curious on how many early adopters are still holding their early investment up to this moment.

[qwertyup23]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

Well, you could say that there are some people who made a fortune HODLing majority of their BTCs at their designated wallets.

While majority of these people have sold their BTCs during the time when its price was relatively low, there are a quite few people that I know that HODLed their BTCs and until now, they have quite a few at their wallets. But imagine if you were one of those people who were fortunate enough to have lots of BTCs back in the days, chances are that you would probably sold them at a price around $100 when it first came out.

[Viscore]

Some are and some are not, most of the early adopters who sold btc at very cheap prices never thought it will be this expensive, take the case of the pizza guy for example, see the amount of btc spent for a pizza! if he had held them for the long term he would be very rich. it all depends on the trust each one of them had towards the tech, those who held and were determined to see what will become of btc and were able to withstand the high volatility are probably rich now. Aside from being an early adopter, it takes a lot of trust, determination, and patience to actually become very rich as an early btc invsetor.

That proves that long term hodling in crypto has always never been easy as there should be a lot of patience and determination before you can say you've overcome your struggles and you succeeded in it. The early adopters who eventually become rich today can prove it. That is why only few of them got rich and the rest still remain poor these days because they were never that determined to hold bitcoin for long. And they have never that strong faith in bitcoin which those early adopters who are now rich certainly have.

[fuguebtc]

It depends if they managed to resist the temptation to sell or spend.  It's conceivable that many of the people who got in super early when BTC was <$1 may have assumed $10 or even $100 would be the highest it could ever go and sold the lot.  If they held, then yes, they're pretty rich.

that's one of my regret as well, not believing in bitcoin to early, I always doubt the existence of bitcoin before. I always believe that earning money and using it online is kinda impossible, given that there's so much scam in the market now, if only I bought bitcoin that time? I could be rich rich now and I will no longer need many jobs just to support our finances.

It is the regret of thousands of people, more than just you, that bitcoin is as valuable as it is today. Bitcoin has never been expected to be so valuable in the past, bitcoin's value today is something that no one could have imagined. Early adopters when the value increased 10 times, 100 times they probably sold all of their bitcoins too, it is difficult to overcome the temptation with such a large profit. Unless you forgot your keys, you probably won't sell until today .

[Detritus]

A good Investor sets a limit/target of what they wat to archive from their investment and if their target is meet, they take out their profit and move on.  Some early investors made fortune 🔮 from Bitcoin when they thought they have made enough out of their investment.

If you read carefully, you will find out that Peter Saddington of Atlanta first heard about bitcoin back in 2011 and bought some for less than $3 per coin and when the price of bitcoin became around $7,500, the profit on those early investments became approximately 250,000%. "I’ve never seen anything like this,” said Peter Saddington.

When each Bitcoin was worth $12 in 2011, Erik Fineman borrowed $1000 from his grandmother and with the help of his brother at just the age of 11, he invested in bitcoin, at the end of 2013 when the value of Bitcoin became $1200, he made a fortune.
Early adopters are rich if they understand the rule of investment. To make an investment you must set the target you want to take your profit, just hold, hold and keep holding and your target is going to come.

https://medium.datadriveninvestor.com/5-people-who-became-because-of-bitcoin-and-their-stories-1925ef6934fe

[romero121]

Not all the early adopters are rich. Another thing, users who made their entry into the market at the right time were rich according to me. Most of the investors haven't made fortune out of bitcoin, but altcoins like ethereum have made them filthy rich. Even I was into cryptocurrency usage when the price of ethereum was $1, but I didn't made an entry to make millions by now.

[kawetsriyanto]

I just wonder: are Early Adopters rich?

It totally depends on how they manage their Bitcoin assets.
If they are holding their Bitcoin until it reaches ATH such as in 2013, 2017, or 2021. And, they sold their Bitcoin assets at the right time. So, they are probably rich men nowadays. Moreover, if they regularly bought at the bearish and sold at the bullrun in each 4 years cycle. I'm sure they are very rich already.

[Fatunad]

This is a dumb question to be honest with you op. The answer is obvious. If they somehow managed to HODL their BTC for a long period of time, they did become crazy rich. If not, they clearly didn't, but profited anyway.

One of the best examples of an early adopter who became rich in this manner is Erik Finman who became a millionaire through some really smart choices.

There are also some early adopters who forgot/lost their stash and recovered it later on which instantly made them rich.

Just some common sense right? If they do able to hold until this moment then they are very rich but if not then move on specially to those who had lost their harddrives and keys which
these people might be banging up their heads on the wall and end up on great frustration and regret that they should have give out importance into those keys or coins that they do have.
Early adopters does really have that opportunity on making themselves rich but if they are only able to hold for long time or even in short but profit is profit, right?
So this kind of question doesnt really need some complicated answers.

[Abiky]

Yes most early adopters must would have made a handsome profit on Bitcoin. Bitcoin is still an evolving crypto, the gains anyone made depends on when they purchased the Bitcoin and how they managed it. Anyone who bought in dip and  then sold it at peak got profited. Money never stays with reckless people. While smart people make money when everyone else is losing. The key is to stay analytical and make wise moves and keep hodling even in dip and wait for then bull run.

If you did "hodl" Bitcoin before the price surge, then it's probably you would've become rich by now. It all depends on your spending habits. Not everyone is lucky enough to become wealthy. As I've said before, some early adopters became rich because they bought Bitcoin when its was low in price and then sold it when it went all the way to the moon. But others simply lost everything as a result of scams, hacks, and/or theft.

I think it's still the perfect opportunity to become rich since crypto/Blockchain tech isn't fully mainstream yet. Adoption for Bitcoin and other coins increased lately, but there's still a large portion of the world's population that hasn't either heard or used Bitcoin before. The time is right to buy BTC before it hits the projected target of $1m per coin. No one knows what the future holds for Bitcoin, so we can only hope for the best. Just my thoughts

[posi]

Yes most early adopters must would have made a handsome profit on Bitcoin. Bitcoin is still an evolving crypto, the gains anyone made depends on when they purchased the Bitcoin and how they managed it. Anyone who bought in dip and  then sold it at peak got profited. Money never stays with reckless people. While smart people make money when everyone else is losing. The key is to stay analytical and make wise moves and keep hodling even in dip and wait for then bull run.

If you did "hodl" Bitcoin before the price surge, then it's probably you would've become rich by now. It all depends on your spending habits. Not everyone is lucky enough to become wealthy. As I've said before, some early adopters became rich because they bought Bitcoin when its was low in price and then sold it when it went all the way to the moon. But others simply lost everything as a result of scams, hacks, and/or theft.

I think it's still the perfect opportunity to become rich since crypto/Blockchain tech isn't fully mainstream yet. Adoption for Bitcoin and other coins increased lately, but there's still a large portion of the world's population that hasn't either heard or used Bitcoin before. The time is right to buy BTC before it hits the projected target of $1m per coin. No one knows what the future holds for Bitcoin, so we can only hope for the best. Just my thoughts

Bitcoin will hit $1 million for 1btc, that's a very high price. If we pass up the opportunity of not knowing about bitcoin as early as others, we have not completely lost the opportunity from now on. To be honest, the adoption and usage of bitcoin is increasing and more popular than previous years but looking at the world population density and the number of people knowing about bitcoin is still very low, so we still have a lot of opportunities with bitcoin. Let's not regret not knowing bitcoin early or ignoring it in the past, let's focus now, just collect a lot of bitcoins and hold for 5 years or 10 years, and we too can become should be rich.

[Jatiluhung]

I'm also curious and want to know. but I have faith that today they are very rich people. but most of them do not like to flaunt their wealth and they prefer to enjoy life in a calm and pleasant way.

[tbterryboy]

To be honest, it's not really our business whether they got rich or not by being an early adopter, but if it makes you sleep in peace OP, I believe that all of them are rich but they don't want you or anyone to know it so they live by their means or they slowly stream in the wealth to gradually live a luxurious life. It's crazy to think that early adopters wouldn't make money because by logic, they should have a lot of crypto since it's the cheapest.

Not all, remember the pizza guy? That is just the most known one, there are a million people like that, including myself, I may have not been here when it was just a few dollars or even cents, but I have been here since it was under 100 dollars and I can tell you that I never got rich, I am still working very hard for my salary every single day.

I am not upset about it neither weirdly enough, because without crypto my life would have been terrible and I feel like it could still yet be terrible any day now and keep being scared about it. So I can easily say that we are not all rich, but we are still happy to meet bitcoin no matter what our current finances look like.

[minairia3]

To be honest, it's not really our business whether they got rich or not by being an early adopter, but if it makes you sleep in peace OP, I believe that all of them are rich but they don't want you or anyone to know it so they live by their means or they slowly stream in the wealth to gradually live a luxurious life. It's crazy to think that early adopters wouldn't make money because by logic, they should have a lot of crypto since it's the cheapest.

Not all, remember the pizza guy? That is just the most known one, there are a million people like that, including myself, I may have not been here when it was just a few dollars or even cents, but I have been here since it was under 100 dollars and I can tell you that I never got rich, I am still working very hard for my salary every single day.

I am not upset about it neither weirdly enough, because without crypto my life would have been terrible and I feel like it could still yet be terrible any day now and keep being scared about it. So I can easily say that we are not all rich, but we are still happy to meet bitcoin no matter what our current finances look like.

We should be satisfied because we are still luckier than many others, many people are still not exposed and know bitcoin. Moreover, opportunities still abound for us, I see that with the current situation, the crypto industry is still early and still has a lot of opportunities. As long as we focus now, try to accumulate as much as we can and hold in the next few years, we still have a chance to become as rich as early adopters.

[8rch7]

I'm also curious and want to know. but I have faith that today they are very rich people. but most of them do not like to flaunt their wealth and they prefer to enjoy life in a calm and pleasant way.

I totally agree with your review, most of the early adopters of bitcoin must have become rich, but most of them will definitely hide their wealth, because they don't want the wealth they make from bitcoin to be known by others and even they will hide their wealth from the government, like my friend who is now a successful person and lives well but he never flaunts his wealth, even his appearance looks like a lower class person.

[hZti]

I totally agree with your review, most of the early adopters of bitcoin must have become rich, but most of them will definitely hide their wealth, because they don't want the wealth they make from bitcoin to be known by others and even they will hide their wealth from the government, like my friend who is now a successful person and lives well but he never flaunts his wealth, even his appearance looks like a lower class person.

One point must also be that if you hold bitcoin so long that you became very rich, why should you sell it for fiat now. If you really believe bitcoin is the future than you will never be fiat rich and therefore only convert small amounts that you need for your normal live. We will see if this is the right way in a few decades.

[KennyR]

I totally agree with your review, most of the early adopters of bitcoin must have become rich, but most of them will definitely hide their wealth, because they don't want the wealth they make from bitcoin to be known by others and even they will hide their wealth from the government, like my friend who is now a successful person and lives well but he never flaunts his wealth, even his appearance looks like a lower class person.

One point must also be that if you hold bitcoin so long that you became very rich, why should you sell it for fiat now. If you really believe bitcoin is the future than you will never be fiat rich and therefore only convert small amounts that you need for your normal live. We will see if this is the right way in a few decades.

When you believe in the growth, there is no need of thinking about selling it. Early adopters turned rich just because they were able to hold it long and believed in its potential. At present it isn't the same. People are trying to get into regular buying and selling so to increase the portfolio volume. As it isn't affordable for every level of people, through regular buying and selling it is possible to increase the volume we hold.

[nullama]

Bitcoin is not to make one to be rich, bitcoin is just a digital currency that if it is invested it will yield more profits. Bitcoin is just the same as now , the only difference then was that it was cheap but it doesn't mean that everyone who bought then became rich, but early adopters benefited from the cheap price.

Bitcoin makes you free.

You're free from any financial intermediary.

You get to choose when and how you use your own money, 24/7, worldwide no questions asked.

There's nothing like that in the legacy financial system. You always require permission from a bank or someone else to use your fiat.

Bitcoin also shifts your mindset into more future focused instead of present focused: less debt, more savings.

[Abiky]

Bitcoin makes you free.

You're free from any financial intermediary.

You get to choose when and how you use your own money, 24/7, worldwide no questions asked.

There's nothing like that in the legacy financial system. You always require permission from a bank or someone else to use your fiat.

Bitcoin also shifts your mindset into more future focused instead of present focused: less debt, more savings.

Bitcoin's flexibility allows you to easily become rich if you pursue your dreams. I'd say we're still early adopters because Bitcoin hasn't reached the mainstream yet. 2017 and 2021 were Bitcoin's biggest years in terms of mainstream adoption, but there's still a lot of people who haven't heard about or used Bitcoin before. Subsequent block halving events should make Bitcoin more valuable in Fiat terms.

If you buy and "hodl" now, you'll be able to become rich when BTC goes all the way to the moon. How fast you will become wealthy, will depend on your spending habits. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my opinion

[bitzizzix]

If they hold it from the start never sell it I'm sure they will be very rich when they hit yesterday's high ATH but it all depends on how many bitcoins they have and there have also been investors selling on ATH before.
And what is clear is that anyone who buys bitcoin as early as possible and sells it at the highest price will definitely change his life or become rich but it all comes back to how much he has.
bitcoin is still running which will provide opportunities for those who want to be rich in the future, most importantly buy and keep buying before the bitcoin price rises further and hold for the long term with patience and strong consistency.

[8rch7]

I'm also curious and want to know. but I have faith that today they are very rich people. but most of them do not like to flaunt their wealth and they prefer to enjoy life in a calm and pleasant way.

I totally agree with your review that early adopters of bitcoin already have sufficient wealth, but most of them will definitely never want to flaunt their wealth, they have definitely hidden their wealth, because they just want to enjoy their wealth, there are only a few people who flaunting their wealth like rich people who have become billionaires before, they show off their wealth to provide motivation to people who are not familiar with bitcoin and to people who are still hesitant to invest in bitcoin.

[Tony116]

If they hold it from the start never sell it I'm sure they will be very rich when they hit yesterday's high ATH but it all depends on how many bitcoins they have and there have also been investors selling on ATH before.
And what is clear is that anyone who buys bitcoin as early as possible and sells it at the highest price will definitely change his life or become rich but it all comes back to how much he has.
bitcoin is still running which will provide opportunities for those who want to be rich in the future, most importantly buy and keep buying before the bitcoin price rises further and hold for the long term with patience and strong consistency.

We don't have to be the earliest adopter like them, there is always a chance for us to become rich like them, as long as we focus on buying and holding bitcoin from now on, and collect as much as possible.

In the future, the opportunity to increase the price of bitcoin is still very much, so do not regret or regret that you did not have the opportunity or missed bitcoin in the past. Let's focus on the present, our opportunity is from now.

[BobK71]

I'm also curious and want to know. but I have faith that today they are very rich people. but most of them do not like to flaunt their wealth and they prefer to enjoy life in a calm and pleasant way.

Here some people became rich while many others failed to exploit the opportunity. We know someone bought a pizza with 10000 BTC. So they could not utilize that opportunity even though it was available to many at that time. Because they couldn't imagine that BTC could go to such a level.

[nullama]

~snip~
Here some people became rich while many others failed to exploit the opportunity. We know someone bought a pizza with 10000 BTC. So they could not utilize that opportunity even though it was available to many at that time. Because they couldn't imagine that BTC could go to such a level.

That was laszlo, and he got those 10k bitcoins mining, so that pizza was basically for free. You were able to get 50 Bitcoins every few hours/days with a CPU back in the day. He also published the first GPU miner by the way.

And it's not like those were the only bitcoins he had. He continued to buy more pizzas with bitcoin after that initial one.

[Lambent]

I think it doesn’t matter if they’re rich or not. Look at their progress and how they’ve timed their trades. That will tell you more than you need to know. Discipline and a solid plan will teach you how to pull in profit, it won’t matter how ‘rich’ they are if they have to pay debt.

[Nhazwrath]

so.   That depends on a stunning number of things.

First the philosophy of what is rich? ,  In the context of do i have enough food?  do i have a car? do i have a house?  do i have 10 houses?

more amusingly if the most recent prediction i saw saying that BTC will be 12,000,000 in 2031.   that would make me worth a whopping 1.6 million   But inflation will prob make me worth about the same =>  EL O EL

[BobK71]

There is a word first come first served. This is not appropriate everywhere, but I think it is appropriate in this regard. If the early adopters of Bitcoin can hold on to their assets then everyone is successful. But the reality is that few people were able to hold it. And everyone else sold it at a profit. More or less everyone was benefiting.

But don't forget that since Bitcoin is a trading tool it has volatility. Relatively good opportunities may arise as the bearish and bullish move between the two conditions. As per the current market it is near the lowest level as per several year chart. At the moment it is quite useful to buy Bitcoin.

[rendravolt]

I think it doesn’t matter if they’re rich or not. Look at their progress and how they’ve timed their trades. That will tell you more than you need to know. Discipline and a solid plan will teach you how to pull in profit, it won’t matter how ‘rich’ they are if they have to pay debt.

Apart from the facts that have been conveyed by the OP, of course everyone should be able to manage finances regardless of their early or late adoption. Even those who come in late adopters can even outperform the early adopters, again the intelligence needed to do it all.

[noormcs5]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

I don't think that early adaptors are rich. Usually, the early adopters of bitcoin may already have sold their bitcoins at cheap prices and no one in 2013-2014 era could think that bitcoin could reach 60,000$ or beyond. They may have sold at only a few dollars profit and no one had a long term vision. And we are not to blame anyone as bitcoin in early times are only considered as a game money and nothing esle.

[Japinat]

I think it doesn’t matter if they’re rich or not. Look at their progress and how they’ve timed their trades. That will tell you more than you need to know. Discipline and a solid plan will teach you how to pull in profit, it won’t matter how ‘rich’ they are if they have to pay debt.

Apart from the facts that have been conveyed by the OP, of course everyone should be able to manage finances regardless of their early or late adoption. Even those who come in late adopters can even outperform the early adopters, again the intelligence needed to do it all.

Yes, I do agree with that line that late adopters can even outperform the early adopters. Doesn't mean that they can't be outranked in terms of bitcoin accumulated up until now just because they have knew the bitcoin much earlier. The market's volatility makes that possible, but to answer that OP's question.

Are early adopters rich? It's safe to say yes if they managed to held the coin much longer.

[nullama]

~snip~
Are early adopters rich? It's safe to say yes if they managed to held the coin much longer.

It's hard to say because the idea of holding Bitcoin was very different in the beginning.

Many wallets were lost because there were many issues with the early software, for example there was no seed phrase backup.

Also, many people sold their coin when it was a bit valuable.

But sure, if someone managed to mine early or simply buy later, and still has those coins, then yeah, they're absolutely rich right now. It's just not as obvious though.

[Abiky]

It's hard to say because the idea of holding Bitcoin was very different in the beginning.

Many wallets were lost because there were many issues with the early software, for example there was no seed phrase backup.

Also, many people sold their coin when it was a bit valuable.

But sure, if someone managed to mine early or simply buy later, and still has those coins, then yeah, they're absolutely rich right now. It's just not as obvious though.

No one in the early days thought Bitcoin would get this far. Some people became rich by "hodling" their Bitcoins until today, while others went broke in an instant. The crypto market is widely unpredictable anyways. But there are some things which tell you Bitcoin is bound to become more valuable as time goes by. One of them is Bitcoin's extremely-limited supply of 21m coins and ever-increasing demand.

If predictions are true, Bitcoin could reach $1m in the future making you filthy rich. All it takes is for you to buy Bitcoin now while it's cheap, to sell it when it goes all the way to the moon. Who knows who the next Bitcoin millionaires will be? Just my opinion

[Xampeuu]

~snip~
Are early adopters rich? It's safe to say yes if they managed to held the coin much longer.

It's hard to say because the idea of holding Bitcoin was very different in the beginning.

Many wallets were lost because there were many issues with the early software, for example there was no seed phrase backup.

Also, many people sold their coin when it was a bit valuable.

But sure, if someone managed to mine early or simply buy later, and still has those coins, then yeah, they're absolutely rich right now. It's just not as obvious though.

I think the earlier holders are not necessarily the most successful, especially if the main goal is not long-term investment for posterity, because they may have increased several times and have not been able to hold it anymore and choose to sell it. until finally they now wish if for example sold at this time. Therefore, those who are successful are those who are able to have prior knowledge, so they can take advantage of the bearish and bullish seasons well.

[Ayers]

It's hard to say because the idea of holding Bitcoin was very different in the beginning.

Many wallets were lost because there were many issues with the early software, for example there was no seed phrase backup.

Also, many people sold their coin when it was a bit valuable.

But sure, if someone managed to mine early or simply buy later, and still has those coins, then yeah, they're absolutely rich right now. It's just not as obvious though.

No one in the early days thought Bitcoin would get this far. Some people became rich by "hodling" their Bitcoins until today, while others went broke in an instant. The crypto market is widely unpredictable anyways. But there are some things which tell you Bitcoin is bound to become more valuable as time goes by. One of them is Bitcoin's extremely-limited supply of 21m coins and ever-increasing demand.

If predictions are true, Bitcoin could reach $1m in the future making you filthy rich. All it takes is for you to buy Bitcoin now while it's cheap, to sell it when it goes all the way to the moon. Who knows who the next Bitcoin millionaires will be? Just my opinion

i guess not even satoshi would have thought his bitcoin would reach today's value, there will be people who become rich by having the opportunity to hold bitcoin very early but there will also be many people who sell every time it peaks. i believe people's beliefs back then were not the same as they are now, because now we have countries and companies investing in bitcoin, everything is very different

if looking at holders like us now also called early adopters, i also believe that in the future bitcoin will be worth 500k to 1 million is possible

[Hamza2424]

Any Doubt in it dear, the only point is if they collected so then the next point or question is did they make a strong holding of their collection if do so then they are rich. Otherwise, you better know the answer. Bro Greed for more and fear of loss can force you to do anything that may lead to the loss. For Early adopters I know that maximum of them sold due to fear before 2017 ATH.

[CryptSafe]

I do not think anyone who has knowledge of bitcoin could be or remain rich based on the fact that they have had bitcoin. It is not possible that some people would have had bitcoin in large volume just like the bitcoin pizza case where a man bought pizza for 10,000 BTC, equating to millions of dollars today. oh yes, some early adopters might be wealthy now but not all holders are that smart to know when t trade their and it just might favour some while some are yet to realize they have non again. So the case of early adopters getting reach is not realistic.

[Yatsan]

~snip~
Are early adopters rich? It's safe to say yes if they managed to held the coin much longer.

It's hard to say because the idea of holding Bitcoin was very different in the beginning.

Many wallets were lost because there were many issues with the early software, for example there was no seed phrase backup.

Also, many people sold their coin when it was a bit valuable.

But sure, if someone managed to mine early or simply buy later, and still has those coins, then yeah, they're absolutely rich right now. It's just not as obvious though.

I think the earlier holders are not necessarily the most successful, especially if the main goal is not long-term investment for posterity, because they may have increased several times and have not been able to hold it anymore and choose to sell it. until finally they now wish if for example sold at this time. Therefore, those who are successful are those who are able to have prior knowledge, so they can take advantage of the bearish and bullish seasons well.

It is surely hard for them to hold on numerous times Bitcoin and other cryptos' market value have reached different peaks but amazingly, there are people or early investors who managed to do so, and the answer to OP's question I guess is mostly no. If I qould be asked, I'm guessing that most of the early investors have sold their holdings before, perhaps the guy who traded his Bitcoins to a pizza? If you're familiar with it. Wrong to generalize but I think there are similar instances with other people of this industry. There's also this individual who accidentally lost his flashdrive containing huge amount of Bitcoins. People before were uncautious with it because they were still unaware of its potential at that time and we cannot really blame them; that's their money in the first place.

[Pierre 2]

These are all about how they were doing before they started trading Bitcoin. For example most of people I knew before were just broke university students so they didn't have money to buy Bitcoin, at all. Even if they knew about it and they made money buying and holding, they couldn't become millionaires. Some people in later years preferred to stay out of Bitcoin after its crash(es). These people also couldn't become rich, watched Bitcoin through pandemic era bullrun (after pandemic started I mean)

[KaliLinux]

they should be billionaires, but with a record they hold their btc, until now even though they have sold it at 60k $ yesterday and bought it back at 20k $ still get double profits.

Well exactly like I mentioned in my previous post. If there were some that were bold enough to have held through all the ATHs the market has seen and were not tempted to sell  Do you know what it is to have bought Bitcoins for as less as $5 or even less would be seeing your wallet at a rate of $20k -$60k per Bitcoin? Truthfully, I believe that those that lost their wallet PW and later recovered it would be the most on this list 

[MarketNeutral]

Depends how many Alpaca Socks they bought

[romero121]

According to me, very few of the early adopters of bitcoin were filthy rich. This could've happened out of luck, even the hard users of bitcoin weren't lucky enough to hold for a longer time. They just have panic mind, and this isn't the right time. Early adopters could've experienced the best out of bitcoin investment. But, countable number of users have used it in recent days.

[gabbie2010]

Yes of course, they are super rich now if these guys bought at the start of bitcoin and continue to HODL up to this year, no doubt about it. If they taken profit last year during bull seasons, then they also be buying the dip this year which is a super great entry. I had some bitcoin 6 years ago but sadly sold it with small amount and entirely I  regretted all my life and wishing myself today that I wished I hold it for long up until now.

A lot of early adopters of Bitcoin also regreted selling early too you aren't alone myself inclusive sold my bitcoin years back before the 2017 ATH, it's obvious that there are few early adopters who are very rich now having hodl their bitcoin even in the light of price increase they kept their coins, it's hard to keep hodling a coin bought at a very cheaper price when it's price had risen to reasonable price mark where some profits is guaranteed it takes a lot of courage and perseverence not to sell during those times, anonymous feature of bitcoin wouldn't reveal those rich early adopters.

[dunfida]

According to me, very few of the early adopters of bitcoin were filthy rich. This could've happened out of luck, even the hard users of bitcoin weren't lucky enough to hold for a longer time. They just have panic mind, and this isn't the right time. Early adopters could've experienced the best out of bitcoin investment. But, countable number of users have used it in recent days.

Most early adopters didn't invest much in cryptocurrency because it was a new innovation,  that is why most people always feel regret of not investing bitcoin at the early time. Few who invested in bitcoin well benefited from it, I think they quickly understood where bitcoin was heading to.

This is why the count of those early adopters could really be counted through hands or simply they are just few and most of them had missed out the golden opportunity on doing so but its already too late for that one.

We cant really just avoid not to think that it is something that cant become big and this is why some do really miss out on accumulating.For those who had believed into those early years and do keep accumulating

and holding then they are the ones who do really get or make huge money.It would be just common sense that they are really indeed rich considering the current bitcoin price.
Its too late on going back into those early years value but doesnt mean that it is already late to invest.There's still a huge room for potential increase on upcoming future.

[laurenB7742]

According to me, very few of the early adopters of bitcoin were filthy rich. This could've happened out of luck, even the hard users of bitcoin weren't lucky enough to hold for a longer time. They just have panic mind, and this isn't the right time. Early adopters could've experienced the best out of bitcoin investment. But, countable number of users have used it in recent days.

Most early adopters didn't invest much in cryptocurrency because it was a new innovation,  that is why most people always feel regret of not investing bitcoin at the early time. Few who invested in bitcoin well benefited from it, I think they quickly understood where bitcoin was heading to.

Not really, for early adopters they don't invest much but I believe their bitcoin holdings are not small, if you buy bitcoin from the early years like 2009, and 2010 bitcoin price is only 1 $ or less, then just spend a few hundred dollars you can own hundreds of bitcoins. But it is true that no one gets rich because very few people keep it to this day or until ATH 2021. No one will have the confidence and courage to hold something that increases in value a thousand times without selling them, that is our common human psychology. If so, it might just be luck because they forgot the bitcoin all these years, lost the private key and were lucky to find it back later...

[nullama]

~snip~
Not really, for early adopters they don't invest much but I believe their bitcoin holdings are not small, if you buy bitcoin from the early years like 2009, and 2010 bitcoin price is only 1 $ or less, then just spend a few hundred dollars you can own hundreds of bitcoins. But it is true that no one gets rich because very few people keep it to this day or until ATH 2021. No one will have the confidence and courage to hold something that increases in value a thousand times without selling them, that is our common human psychology. If so, it might just be luck because they forgot the bitcoin all these years, lost the private key and were lucky to find it back later...

Yeah, it's not an obvious thing that early adopters are rich.

Some mined thousands of coins for basically free but ended up losing those wallets, or some others might have gotten thousands of bitcoins for a few cents but ended up selling them for just a couple hundred dollars. There are many possibilities in which even if you were there very early you are today not extremely rich.

Also many people made some reasonable money, but not as much as they could have. It's easy to look back a decade or more and assume people did the optimum decisions all this time, but that's usually not how it works.

[Piesel]

The question should be, how many early Bitcoin adopters are still holding their Bitcoin, and how many are still stuck in Bitcoin when the price is reduced?
The answer is not all Bitcoin adopters have faith in the Bitcoin network and are ready to hold for a long time till this day, some have sold their Bitcoin when the price reached $10 thinking Bitcoin will not go beyond that price.

But for those who are still holding a good percentage of their early Bitcoin holdings, by now they run and can retire comfortably with Bitcoin.

[rodskee]

I just wonder: are Early Adopters rich?

we cannot truly say mate ,  those who are adopted Bitcoin in early stage and kept their coins on Hold are really richer, but the problem is that those who did not manage to keep it all, only those who buy or hold are much better than those panicking people.

Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

who really knows? 

but I have some personal friends that adopted earlier but got to lose their wallet keys and yeah they earn nothing from Bitcoin as early adopters.

[Minor Miner]

~snip~
Not really, for early adopters they don't invest much but I believe their bitcoin holdings are not small, if you buy bitcoin from the early years like 2009, and 2010 bitcoin price is only 1 $ or less, then just spend a few hundred dollars you can own hundreds of bitcoins. But it is true that no one gets rich because very few people keep it to this day or until ATH 2021. No one will have the confidence and courage to hold something that increases in value a thousand times without selling them, that is our common human psychology. If so, it might just be luck because they forgot the bitcoin all these years, lost the private key and were lucky to find it back later...

Yeah, it's not an obvious thing that early adopters are rich.

Some mined thousands of coins for basically free but ended up losing those wallets, or some others might have gotten thousands of bitcoins for a few cents but ended up selling them for just a couple hundred dollars. There are many possibilities in which even if you were there very early you are today not extremely rich.

Also many people made some reasonable money, but not as much as they could have. It's easy to look back a decade or more and assume people did the optimum decisions all this time, but that's usually not how it works.

I believe there are a lot of early adopters making money from bitcoin but very few will become rich, this is just counting on the fingers. No one would have thought that bitcoin could achieve its current miraculous growth. They will probably regret seeing the bitcoin price hit ATH last year, and I believe one of them will buy back bitcoin at a higher price than what they sold. Belief in bitcoins and certainty of bitcoins is much different now than in the past, they will buy back and hold them longer for better profit.

[lixer]

I think the earlier holders are not necessarily the most successful, especially if the main goal is not long-term investment for posterity, because they may have increased several times and have not been able to hold it anymore and choose to sell it. until finally they now wish if for example sold at this time.

I think what you mean is prosperity not posterity because its meaning seems to be far from what we are talking here. Not all early hodlers are investing for prosperity but they are only using their btc as a regular currency though I think they still have something left for them so we can say that they have gained some profits but not too much when compared to those who are seriously investing for the long term.

those who are successful are those who are able to have prior knowledge, so they can take advantage of the bearish and bullish seasons well.

We all have our definitions of success and the first type of btc user that I said earlier can also be considered to be successful. They do have a knowledge because they didn't doubt btc on its early days. They research and knew that it was legal and very useful.

[TribalBob]

I just wonder: are Early Adopters rich?
We know AA, author of "Mastering Bitcoin" was once attacked because he did not made any fortune having BTC from early years, then people donated some BTC and he collected around 100BTC.
Hal F's wife sued "I am Satoshi guy" and they were talking about $ 3-digit mln, so they are not kind of people who wait every month for their wage.
What about others? Bitcoin Core developers? Forum admins or well-known old users? Are they crazy rich living in their own castles or did they lost their coins, sold for $10 because of mortgage loan or student's debt and today they must work 7-15 every day?

I don't think that early adaptors are rich. Usually, the early adopters of bitcoin may already have sold their bitcoins at cheap prices and no one in 2013-2014 era could think that bitcoin could reach 60,000$ or beyond. They may have sold at only a few dollars profit and no one had a long term vision. And we are not to blame anyone as bitcoin in early times are only considered as a game money and nothing esle.

different from now people have understood the advantages of btc for last year and more and more newcomers are here who want to own btc and dream of earning profits like early adopters but they don't realize how difficult it is for them to reach 60k$ from the start they hold btc