Earning $290M from a $27 Investment: The Story of Christopher Koch
Christopher Koch, a Norwegian student, made a fortune by investing in Bitcoin (BTC).
Discover his journey:
In 2009, while working on his dissertation about encryption, Koch learned about Bitcoin. To gain practical experience, he purchased around $27 worth of BTC, which was enough for 5,000 tokens at the time.
Despite Bitcoin only being mentioned in 2008 in response to the global financial crisis, Koch decided to invest. However, when he told his girlfriend about it, she was not supportive, thinking it was a waste of money.
"She thought I was wasting money on nonsense," Koch recalls.
After completing his thesis, Koch moved on with his life, focusing on finding a job and managing household chores. Bitcoin was not profitable then, and he forgot about his investment.
Years later, Koch realized that his 5,000 bitcoins were now worth 5 million crowns (approximately $885,000). He withdrew 1.1 million kroner to buy an apartment, keeping the rest of his assets invested.
Koch checked his account daily, watching it grow by 50,000 kroner each day. "Every day I logged into the online bank and saw that the account had grown. Plus 50,000 kroner, plus 50,000 kroner again," he laughs.
"Even in my wildest dreams, I could not have imagined that they would soar like this."
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