I wanted to risk $1,500 but he was looking for $50,000 or nothing.
At that time, 1,500$ is a big money to buy bitcoin. I can guess that the whole minted bitcoin wasn't worth the 50,000$. If 1btc = 10$ then 50k can buy 5000 btc which was not yet minted maybe.
Maybe he was about to scam you.
If I had accepted that offer, the $50,000.00 would have acquired 50,000 units of Bitcoin.
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The 10 year plan ended in February 2020 and Bitcoin was $10k at that time. The prediction was off by wide margin but still good. I never imagined in 2011 that Bitcoin would to that high,and now we're at $62,000 and still going.
I currently have some crypto (BTC, ETH, LTC, etc) but nothing compares to what I'd have got from the Investment plan, or even remotely close. I lost an opportunity to become a Bitcoin billionaire!
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Right now, I'm holding till the next 5 years. I'll continue to scrape for a living till then. Hopefully it works in my favor.
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If you meet someone who doesn't know that you are a successful investor (doesn't know you in person either) and has little/No knowledge about cryptocurrencies, and you told him your story with bitcoin in early days, do you think he will be convinced to set an investment budget of 50,000$ ?
Do you know how many people had early opportunity with the Bitcoin but missed it? Can you imagine that many of them were already investors and Devs?
No one expected the adoption will be that large.
No one expected such adoption and the best proof is that till now there is a very large number of people arround the world don't know about crypto and a largest number dont use it, 1 million holder for a coin or a token is a huge number in the current time and that show at what point crypto is still undercover