A big start in 2021 - page 2. | Bitcointalksearch.org

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: KennyR on January 11, 2021, 06:32:45 PM

The net value for which he has sold is $4.2m and if he has kept hold for another few weeks he could've got more $1m.

He already Made the right decision by Selling everything instantly and why Wait for another weeks when He already a multi Millionaire from His Past days ? when he don't even expect to gain a Thousand Bucks back then and not he has 4.2 million in His pocket .

Quote

Is he lucky, and this is the best start for a person in 2021

I don't Think it is Luck , because He surely Dig deeper to find that private Keys , and Surely He tried the same thing back in 2017 when the price of Bitcoin climbs up to 20,000 but Found nothing then .

aoluain

legendary

Activity: 2436

Merit: 1362

Yes he is lucky in one sense that he found the keys to the lost wallet and has a very good start to 2021.
He is sorted for life with his $4.2 Million which he is thinking of investing in the S&P 500.
What we hear from the likes of Michael Saylor is that FIAT based investments are losing their value
compared to Bitcoin.

He is unlucky on the other hand because he sold the 127BTC at a price around $33k
and its now correcting back up and at $35k and going higher sooner or later.

I suspect he hasnt been keeping up to date with the progress of Bitcoin and the economy.
He should really as he states himself kept some Bitcoin

Wenbing

member

Activity: 532

Merit: 36

There is gold in volatility..

Quote from: KennyR on January 11, 2021, 06:32:45 PM

The net value for which he has sold is $4.2m and if he has kept hold for another few weeks he could've got more $1m.

One more week could be the different between his smiling and crying. we need to differentiate the difference between when holding is no longer patience but greed , and when patience is greed. I feel, what the guy did is a smart move.

so, here is the insight i want to draw from this. Except your goal is to keep holding for the long term gain, if not sell when the profit you are making is satisfactory .

iTradeChips

hero member

Activity: 1792

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Leading Crypto Sports Betting & Casino Platform

I would be honest, I would say that he is a very lucky person that he was able to recover his bitcoins. I wish all the others who have old wallets be able to recover them and be able to get money out of it. As for me I just continue with my trading and was able to get good profits as well, whether bitcoin is very high or very low all that matters is that we get more than we invest in trade. And good luck again to all of us starting this year.

1miau

legendary

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Currently not much available - see my websitelink

Quote from: KennyR on January 11, 2021, 06:32:45 PM

Is he lucky, and this is the best start for a person in 2021

Well, we will see later in 2021 if he was lucky. Wink

It's quite possible to see BTC rise even more. After 42k reached now, it would be surprising if a new ATH is just 2x from last time (20k), in case he assumes a new bear market is starting now. Nobody really knows but it's not very likely in my opinion.

Maybe it would have been better for him to sell every 2 weeks 5% of his Bitcoin, if he wants to sell all of it. Only time will tell but selling all BTC at once is very risky (to miss out possible profits).

*Personally, I won't sell it completely. Most of his cash won't be used (I don't know what he wants to purchase) but if he just deposits it into his bank account, it won't get more over time. He could have easily avoided to cash out more than he needs.

milewilda

legendary

Activity: 3094

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People had started to find out their old computers if they do remember that they had some bitcoins wayback into those early years.Its really good to see that those people do able to recover those coins back after
almost a decade when it was lost.Good thing that he do able to recover those keys or else those coins would be lost forever. For those who do able to make money and specially this that do able to find millions
does really have a good start on this year of 2021. He wouldnt mind to held up even more even if he misses that another 1M usd as long he do able to make some serious money then that what matter most.
For us that have entered the market a little bit late then we dont expect on the same scenario.

KennyR

hero member

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

For all the Bitcoiners 2021 gave a good and a big start with its growth. From the end of the year 2020 the growth got initiated, and the same got followed by the year 2021.

Here it was about a student and a redditer BitcoinHolderThankU who have got back his wallet recovered after 9 years. The earning he made out of watching videos, taking surveys and other stuffs during those days for the purpose of gaming with the currency have made him fortune. The wallet was found with 127 bitcoin and he has sold everything after finding the private key from his old computer. The net value for which he has sold is $4.2m and if he has kept hold for another few weeks he could've got more $1m.

Is he lucky, and this is the best start for a person in 2021

Topic: A big start in 2021 - page 2. (Read 307 times)