Man sells house. Earns $20,000,000 from Bitcoins - page 3.

Hanazawa

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Quote from: First77 on July 31, 2018, 02:23:26 PM

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he is selling his house and buying £450,000 worth of bitcoins

After 6 months to 18 months, he posted there, he has earned some $20,000,000 from Bitcoins. Shocked

That is I don't think if it is believable or unbelievable, you know everyone can create a story about anything like selling your primary needs to take some risk in your life. I think selling your house to invest in cryptocurrency is so crazy eventhough it has a higher possibility to gain more or get million dollars. But for me if you would like to invest in cryptocurrency maybe you should try other ways to earn in investing not to sacrifice your greatest primary needs such as your home.

First77

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Quote from: NelfiNovita on August 08, 2018, 09:47:52 AM

the person was very lucky because he could get bitcoin and sell it at the right time, I also got valuable coins but I didn't sell them at the right time and the next 2 months the price was very high.

He must have sold his 18000 Bitcoins or he will sell 18000 bitcoins now to get his $100,000,000

MinerFTW

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Quote from: First77 on July 31, 2018, 02:23:26 PM

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he is selling his house and buying £450,000 worth of bitcoins

After 6 months to 18 months, he posted there, he has earned some $20,000,000 from Bitcoins. Shocked

I personally have not met this story on the web, but even if it is not true it does not matter. And if it is true, then I can only pay my respects to this man. I think there are quite similar people who have believed when everyone else was against.

Emjohn.

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He is a risk taker and it paid off when the bitcoin's value increased dramatically. He is very lucky by that time also. Many of us won't do such thing like that and this might be a good lesson for some of us.

RomanPetrush

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Join @Bountycloud for the best bounties!

That's a luck because when someone did the same in december 2017 is not happy right now. That's very dangerous, but only if for that man the house wasn't the last one.

devil before evil

newbie

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i wish i can go back and invest all money in bitcoin then i might have bright future next. Bitcoin is very precise now a days and it increases worth day by day.so lastly i can say bitcoin has a very bright future.

First77

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Quote from: Amajaa on August 05, 2018, 05:09:01 PM

That was really tough decission! if he really made it lucky he really is!! I cant do that honestly but congratulations to that man and hoping i woud have that guts too but not to the point of selling my house but only investing more to gain more hopefully.. It is One good story of success in bitcoin world.

Yes. Sharing some stories when people just say Bitcoin $10,000 or $20,000 or $30,000 or $50,000 and nothing else.

Remainder

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He is the one person that is a risk taker and an early investor who's very lucky for his investment because not all of thus who sell their property for bitcoin is lucky enough, some are broke especially this time when bitcoin market value is very deep but if we can hold for at-least a year or patiently waiting for bitcoin to grow then maybe we are also become one them.

NelfiNovita

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Quote from: First77 on July 31, 2018, 02:23:26 PM

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he is selling his house and buying £450,000 worth of bitcoins

After 6 months to 18 months, he posted there, he has earned some $20,000,000 from Bitcoins. Shocked

the person was very lucky because he could get bitcoin and sell it at the right time, I also got valuable coins but I didn't sell them at the right time and the next 2 months the price was very high.

GeorgiyBilyk

member

Activity: 378

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cool article! there are a lot of such examples! people who, at the very beginning of the development of the crypto world, began to move in this direction became very rich! This man believed in the whole system and made himself a colossal condition! we all are lucky too, because we too are at the very beginning of the development of the crypto world!

First77

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Quote from: RomanPetrush on August 05, 2018, 06:20:15 PM

That's a luck because when someone did the same in december 2017 is not happy right now. That's very dangerous, but only if for that man the house wasn't the last one.

Yes, they might be selling their big house and moving to smaller house and home cooked food and $10,000 car. No more 5 star hotel food and luxury cars

Chrisjay29

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Quote from: First77 on July 31, 2018, 02:23:26 PM

I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he is selling his house and buying £450,000 worth of bitcoins

After 6 months to 18 months, he posted there, he has earned some $20,000,000 from Bitcoins. Shocked

Wow instant millionaire but that strategy is too risky. What if bitcoin fall dept more or it will pop just like a bubble? But he got lucky

Amajaa

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That was really tough decission! if he really made it lucky he really is!! I cant do that honestly but congratulations to that man and hoping i woud have that guts too but not to the point of selling my house but only investing more to gain more hopefully.. It is One good story of success in bitcoin world.

The Sceptical Chymist

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Quote from: AvadaJigurda on July 31, 2018, 02:37:19 PM

Often I dream, go back in time to invest all the money in bitcoin and sell it when it costs 20k.

I have that same dream, too.

The guy who sold his house got extremely lucky, but I think it was a stupid thing to do unless he really didn't need that house. This is how insane people get during a bull market, and they're taking huge risks with that insanity. And now that he made all that money, if I were him I'd go buy a nicer house and probably cash out the bitcoin and buy some income-producing stocks--but that's just me.

Bitcoin seems to be crashing down somewhat in the past few days, so this usually puts and end to people acting as silly as the house-selling guy. What people should be doing right about now is buying bitcoin while it's relatively low.

tabas

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Quote from: guruge87 on August 04, 2018, 01:12:45 PM

It was a great news to hear, now it is best time to take risk and buy BTC what british guy had done

He'd done it not for this year but last year, he knew it that it will grow much for just few years and his expectation came to reality after few months.

Quote from: daedalus8 on August 05, 2018, 08:33:39 AM

wow how he do that? Now he can buy 100+ better house from his profit

Bought earlier and sold when price got higher.

splash914

newbie

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Well ... even if this is true, then we must be aware of the whole essence of the risk of this act. but what would this person do in case of failure?
I'm still sure that spending money on crypto currency is only when you have available funds ... and this money is not lost.
And in general this is only one case of success, but how many were the cases of failure about which people did not speak to the whole world?

First77

member

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Quote from: daedalus8 on August 05, 2018, 08:33:39 AM

wow how he do that? Now he can buy 100+ better house from his profit

and who will buy Bitcoin at $6000 ?? who has the money.

Wasd009

newbie

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It is not assured that Bitcoin will give the same returns in the future too and hence it is recommended not to invest more than the loss-bearing capacity of the investor
Maybe luck is being his, so he gets a big profit through bitcoin investment

adnandanish102

newbie

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This is not a miracle as, the price of bitcoin was very low in 2011 that was nearly 1$ only and its price started rising at the mid of 2013 and then it started getting its centralization and reached very high price of 17,549$ this proves that the old investors of bitcoin were very lucky.

Shadesofglory

newbie

Activity: 65

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Risk and taking it. That man has got balls. Well, anyone thiking of doing such too should better think twice about current price situation. And if you'll go ahead, be prepared to 'forget it completely for years'.

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