Post
Topic
Board Speculation
Re: This family bet it all on Bitcoin
by
pearlmen
on 18/10/2017, 16:25:06 UTC
https://www.cnbc.com/2017/10/17/this-family-bet-it-all-on-bitcoin.html

They sold everything to buy bitcoin and are living in campsites, waiting to become millionaires.

They sold everything but they knew the risk and willfully entered into it. Whether its a good decision or the most foolish one, only the future can tell as to the time when they decide to cash out. If they invested at the point of $4000+ it they decide to cash out now, then they have made some amount of profit. But I am skeptical that by the time the price gets to $10000+ this family becomes automatically millionaires depending on the amount they put in at the time of their investment.