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Topic: Forbes list of investors whose fortunes increased due to rise in Bitcoin price (Read 224 times)

copper member
Activity: 1316
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Eloncoin.org - Mars, here we come!
I think this has become a natural law, so we have to learn from that person in order to create happiness, it is not easy to achieve what we want, it takes a long process to be clever at seeing opportunities.

Very well said. Success is the bi-Product of Excellence and one should try to achieve excellence whatever job he/she is doing,  and it is a continuous process that requires struggle to improve your learning/know-how . We have to pass though this painful process to reach our goals.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
Smart people are earning smart money Bitcoin could still be an "easy money"

Well said. Smart people make money with smart strategies. I think if you are a professional Trader who understands technical Indicators very well can make money in any Market including Crypto, no matter you come from  from rich or middle class. It is important to identify Entry and Exit points based on Technical analysis on daily, weekly or monthly charts. In my opinion it is better to use daily and weekly charts while trading BTC.
sr. member
Activity: 1876
Merit: 259
I think this has become a natural law, so we have to learn from that person in order to create happiness, it is not easy to achieve what we want, it takes a long process to be clever at seeing opportunities.
hero member
Activity: 1652
Merit: 569
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Rich are getting more richer that's the reality, people who have ability to take risk are making more money than a normal person. I believe not even a single normal has entered in the list except millionares.

Who knows even these people could be whales as they are the one who make big impact on BTC price and make it again to pump as still a normal person is suffering from such collapse, at least few of them will be in this list for sure Sad
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
Yes, it's a list lol, such a trash article must be a lazy writer you have there.

Anyway, you can check this forbes article instead of that crappy article Bitcoin’s Recent Surge Creates New Billionaires.

Those on the list are really famous dudes having big business(es) in the cryptocurrency space, OGs, investor, a developer, and ofc hodlers, I wonder why CZ isn't there at least considering he have binance.
legendary
Activity: 2576
Merit: 1860
That's a nice although very limited list. Well, those people made it to the popular Forbes list because of Bitcoin. As a result, it is in a way a promotion or even acknowledgment of Bitcoin.

But what is probably more interesting is the fact that a lot of nobodies are probably becoming multimillionaires simply because of Bitcoin. I am referring to those people who are very much unlike wealthy investors becoming richer because of Bitcoin. There are probably several dozens of average people whose wealth catapulted to tens or even hundreds of millions solely because of Bitcoin. What is 100 BTC before, right? Even a thousand BTC was worth less than a burger years ago.
sr. member
Activity: 1330
Merit: 326
Smart people are earning smart money Bitcoin could still be an "easy money"

Easy money when they bought at dip and sell off at new ATH. But waiting time isn't that easy. Our patience, panic emotions are being tested.
Forbes said in the article that those lists came from the publicly data from digital wallets.

Vitalik Buterin is in the list, not surprised at all that he made a good profit from this bull market.
jr. member
Activity: 126
Merit: 7
How would Forbes know who bought bitcoin ??
Does the bitcoin exchange phone them up saying " hey guess who just bought " .

If the whales are announcing their purchases, it's to try to manipulate the market.

Did you know that when Warren Buffet ( berkshire Hathaway) buys or sells stocks, he keeps it secret for 3 months or so to prevent his followers from buying the same and influencing the market?   

legendary
Activity: 3234
Merit: 1214
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I thought the link will provide a big list. Anyhow it is a known fact about the market growth reflecting on individual worth. The value of rise of MicroStrategy, Galaxy and all were already known because of their high holding volume. Vitalik being a big bag hodler of bitcoin is really a big news. This is where we need to think how good and how bitcoin is valued by the real market creators.
legendary
Activity: 2702
Merit: 2053
Free spirit
What an interesting list.

As others have stated interesting who has flown over the radar

sr. member
Activity: 1036
Merit: 294
Wow! Such huge earnings. These people surely knows and sees the potential of bitcoin and now they've earned big. But for sure there are also other low-key individuals who have earned during the spike of bitcoin's price which I'd love to hear their stories.

~
Stories of people who were barely able to make the ends meet, but got interested in Bitcoin, started earning it and got great profits (in percentage) due to the price increasing seem more inspiring to me.
It is to me as well. Hope I can read some stories involving that sometimes. Makes me think that if they can do it, then I think I can too. It's just a matter of making the right decision, I guess.
newbie
Activity: 18
Merit: 2
Im sceptical about that list because im not in it Cheesy, any way congratulations to them that they take the risk and get their reward.
legendary
Activity: 3542
Merit: 1352
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All of these people are risk-takers, and believed in cryptocurrencies when everyone else is doubting. It's good that they're reaping the rewards right now after being ridiculed for some time for being 'crazy' due to their affinity towards the magic internet money. At this point, they could very well leave active development/participation in crypto and just let their bags do the hard work for them for the rest of their lives. Even though they are at the top of the game doesn't mean us on the bottom end of the spectrum doesn't have the chance to make something out of it. I already made some handsome profits for my risks for the past few years, and I'll just do it over and over again as long as I'm able to do so.
legendary
Activity: 2492
Merit: 1232
Great!  They're also big people who can afford to invest in that big amount, can we consider them also as whales?  Cheesy

Not only them for sure, but the statistics given by Forbes is also the publicly available data from a known crypto wallet, how about those people have concerned their anonymity and invested in Bitcoin silently with a huge amount, these billions of dollars invested if they will going to sell their holding asset it will surely shake the Bitcoin price.

Imagine, the CEO of Ethereum also invested in Bitcoin.  Probably most of them are holders too, it seems all of them are crypto enthusiasts.
legendary
Activity: 3248
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These people took the risk and got their rewards. However, if Bitcoin falls, and they keep hodling it, their fortunes can go down just as easily. Moreover, I'm not sure that it means much if a very rich person gets even richer. I mean, if you can already afford everything you want and everything you need, plus are able to help someone you want to help, does it matter to you that you know have even more excess wealth which will just they there and won't even make a difference?
Stories of people who were barely able to make the ends meet, but got interested in Bitcoin, started earning it and got great profits (in percentage) due to the price increasing seem more inspiring to me.
hero member
Activity: 2800
Merit: 595
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Btc BTC just made some people among the millionaires and some are still sitting on the sideline hating on btc, definitely smart people making smart moves to become millionaires in the shortest possible way, anyone who bought BTC at $3500 and was able to buy good amount knows whats up  Wink.

Anyone who had bought at that proce last bear market learned well when to get in. Winklevoss are obviously enjoying their wealth now while still earning thru their Gemini. Early investors are the ones that People get to envy the most.

There seem to be too few difference when it comes to how the old and new system works, the rich gets richer and the poor will soon be peniless.
copper member
Activity: 238
Merit: 1
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On January 11, Forbes published a list of investors whose fortunes have increased significantly due to the rise in the price of Bitcoin in early January 2021. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/01/14/forbes-list-of-investors-whose-fortunes-increased-significantly-due-to-the-rise-in-the-price-of-bitcoin-in-early-january-2021/
This list will increase as the Bitcoin millionaires are uncovered. Because not all bitcoin owners are well-known people. Maybe some people bought in the early stages and do not want to get attention from the public. Is it good? Yes, it is good, they will get the chance to get some amount of money back from the top 1%. But it will be horrendous if these Bitcoins are accumulated in one hand. Let's live and see, what will happen in the future.
hero member
Activity: 2478
Merit: 695
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Btc BTC just made some people among the millionaires and some are still sitting on the sideline hating on btc, definitely smart people making smart moves to become millionaires in the shortest possible way, anyone who bought BTC at $3500 and was able to buy good amount knows whats up  Wink.
jr. member
Activity: 62
Merit: 4
On January 11, Forbes published a list of investors whose fortunes have increased significantly due to the rise in the price of Bitcoin in early January 2021. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/01/14/forbes-list-of-investors-whose-fortunes-increased-significantly-due-to-the-rise-in-the-price-of-bitcoin-in-early-january-2021/
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