Have you ever tried to find out just how many people out there became millionaires by investing in bitcoin? If you haven’t, then you are in luck because we are going to share two or three bitcoin success stories with you. A lot of people including myself doubted the credibility of bitcoin when its source code was released in 2009, we all tagged it illegal and some people vowed never to put their money in it but few people were willing to take the risk so they decided to test the water and they put their money into it. These are the people that became bitcoin success stories that a lot of people out there are curious to read about today.
1. Mr. Smith – The most intriguing thing about this character is that nobody knows who he is. This mysterious figure was working as a software engineer in the silicon valley technology located in San Francisco, California when he decided to invest $3,000 in bitcoin. He got to know about bitcoin from one of his colleagues when the value of the digital currency rose tenfold within five days. After carrying out thorough research, Mr. Smith decided to put his money into it in 2010. He granted Forbes list an anonymous interview and he told his interviewer that when he invested his money, he left the bitcoin in his wallet untouched but he was checking how bitcoin was doing occasionally. Mr. Smith cashed out when his profit rose up to $2.3million and he has been traveling around the world ever since.
2. Erik Finman – Erik was a teenager when he became a millionaire with the profit he made on his bitcoin investment. He was 12 years old in 2011 when his grandmother gave him a gift of $1,000 which he decided to invest. After two years, Erik sold his bitcoins and used the money to start an online education company called Botangle. Shortly after botangle was launched, it started attracting investors. He came across an investor who presented him with two choices of a $100,000 or 300BTC. Your guess is as good as mine, Erik chose to be paid with bitcoin because he believed it was the next big thing. Well his choice paid off big time because he is one of the youngest millionaires in the world today.
Erik in an interview with CNBC said “I can proudly say I made it, and I’m not going to college, The way the education system is structured now, I wouldn’t recommend it. It doesn’t work for anyone. I would recommend the internet, which is all free. You can learn a million times more off YouTube and Wikipedia.”
3. Kingsley Advani – Advani was in his early20s when he decided to sell everything he had just to invest in bitcoin. He was working in a software company at that time and he was putting all his salary into cryptocurrency. I don’t know for you but for me, that was a pretty bold move because I don’t know many people in their early 20s that would decide to deprive themselves of fun and enjoyment to invest in a fleeting cryptocurrency. Advani invested in bitcoin when the future of cryptocurrency was still shaky, his determination and faith paid off real good because he now travels the world as a startup advisor. Advani told business insider “I think at no point in human history have people in their 20s had such an opportunity to invest in such high-assets. It’s like a rebellion to traditional finance. You don’t need centralized banks to send money, you have these great pieces of tech to send money for you through cryptography so unlike banks, it’s faster, cheaper, and secure”. I know you think it’s too late to make your own millions through bitcoin, trust me it is not. Satoshi Nakamoto, the brain behind cryptocurrency created 21 million bitcoins and currently, 18.5 million have been mined leaving under 3 million more to be introduced into circulation.
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