Post
Topic
Board Bitcoin Discussion
Re: I returned my father's property to my father through Bitcoin investment.
by
CryptoHeadlineNews
on 15/05/2024, 12:27:15 UTC
I invested the remaining two thousand dollars with my father's permission in September 2023. But really my luck is very good I bought bitcoin when it was 30K.
This sounds like an interesting story, but I don't know if I should believe it or not, because from the research which I did, I was able to find that the price of Bitcoin was never $30,000 in the month of September 2023 (i.e form 1st to 30th September 2023, the highest price Bitcoin rose in that month was $27,123/BTC, and never $30,000/BTC)  So I don't know where you got your own price from, and if I should believe this story or not.



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Then when the bitcoin market reaches 70K I sell the bitcoins.
Secondly, you claimed you invested $30k in Bitcoin, right? and sold when it's value was $70k, so I will like to ask how much profit did you make, because with the emphasis played on how "Bitcoin change our lives" it just sounds as if you made 6 figures, which initially it's just 5 figures with a mere interest rate of 250%.


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Definitely for Bitcoin newbies investing in Bitcoin at the right time can definitely change your fortune overnight.
This is another misconception my friend, Bitcoin do not change lives overnight, because if it did, everybody here would have been multi millionaires by today, but rather it is an asset that prevent your fund from inflation, and likely to to change your life if been held over long period of time, and not overnight.