Post
Topic
Board Bitcoin Discussion
Re: 50 cent
by
peter0425
on 05/02/2018, 19:14:58 UTC
He either needs to sell now or long term hold because, since the article was released, his $8mil is now only worth $5mil.

Correct, his investment went south because of the current crisis in bitcoin. I guess we doesn't need the money anyways, he's rich as fuck, so he gonna hold on it as long as he can.

In 2014 rapper '50 cent' accepts bitcoin for online album sale netting him a nice 700 btc. 4 years later those sales in bitcoin are worth 8 million dollars.

Source:

http://www.bbc.com/news/business-42820246



He take the risk and now he's reaping the rewards of it. I'm sure that when he decided to accept bitcoin as payments on his album,  he sees good opportunity on it to really earn in the future.