Post
Topic
Board Economics
Re: Want to Be a Millionaire? Two Main Rules of Bitcoin Investing
by
mindrust
on 25/03/2017, 19:27:28 UTC
When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000.

A nice article that you should read : https://cointelegraph.com/news/want-to-be-a-millionaire-two-main-rules-of-bitcoin-investing

Hundreds of people bought bitcoin when it costed dust yet as soon as their dust multiplied by 2, they passed their dust to someone else. Some didn't even wait to get double and passed their dust for %10-%30 or %50...

Buying something you never heard before and has zero value in 2009 (probably by luck btw) and waiting for 4 years; that's same as buying a lottery ticket for 10 bucks.

If you think you are smart, why haven't you bought DSH or ETH when they costed dust? yea right. You wouldn't fucking knew.