In the world of cryptocurrencies, there are inspiring stories of people who have made fantastic profits, whether through early investment or smart trading decisions. Here is a list of the most prominent traders or investors who are the luckiest and most profitable to date:
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1. Satoshi Nakamoto
Who is he?
The mysterious founder of Bitcoin.
Profits:
Nakamoto is believed to own around 1.1 million bitcoins, which is worth hundreds of billions of dollars today.
Luck:
He profited from the creation of the first cryptocurrency and kept most of the rewards he earned from the initial mining.
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2. Winklevoss Twins
Me too?
Cameron and Tyler Winklevoss, known for co-founding Facebook.
Profits:
They invested about $11 million in Bitcoin in 2013, when the currency was worth about $120. Today their fortune is estimated in the billions of dollars.
Luck:
They were early believers in Bitcoin's potential and stuck with it for the long haul.
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3. Erik Finman
Who is he?
American teen started investing in Bitcoin at the age of 12.
Profits:
He invested $1,000 in Bitcoin in 2011 (when it was worth around $10) and became a millionaire by the age of 18.
Luck:
He decided to invest early despite his young age and lack of family support.
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4. Barry Silbert
Who is he?
Founder of Digital Currency Group, which owns Grayscale, the largest cryptocurrency investment fund.
Profits:
He bought thousands of bitcoins when they were worth around $6. Today they are worth billions of dollars.
Luck:
He was an early believer in Bitcoin's potential to revolutionize finance.
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5. Changpeng Zhao (CZ)
Who is he?
Founder of Binance, the world's largest cryptocurrency exchange.
Profits:
He became a billionaire thanks to the Binance platform and his cryptocurrency earnings, as his fortune today amounts to about $10 billion (according to market fluctuations).
Luck:
His decision to create a highly efficient trading platform contributed to his great success.
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6. Vitalik Buterin
Who is he?
Founder of Ethereum.
Profits:
He became a billionaire thanks to his stake in Ethereum, the cryptocurrency he founded in 2015.
Luck:
His vision to create a blockchain platform that supports smart contracts has made him a pioneer in the field.
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7. Chris Larsen
Who is he?
Founder of Ripple.
Profits:
He was one of the richest people in the world during the XRP rally of 2017, with a net worth of over $50 billion at the peak of the market.
Luck:
Ripple's success in attracting financial institutions has made him one of the richest figures in cryptocurrencies.
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8. Hoda Katherine Rockett (Kristoffer Koch)
Who is he?
Norwegian programmer bought Bitcoin by accident.
Profits:
He bought about 5,000 bitcoins in 2009 for just $27. They were later worth hundreds of millions.
Luck:
He forgot about his investment for years and then remembered it when the price of Bitcoin skyrocketed.
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9. Jeremy Gardner
Who is he?
American cryptocurrency investor.
Profits:
He invested early in Bitcoin and Ethereum and became a millionaire in his early 20s.
Luck:
Benefited from entering the market very early.
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10. Carlos Matos
Who is he?
A small investor in the popular BitConnect company, which later turned out to be a scam.
Profits:
Despite BitConnect's collapse, it is said to have made huge profits before the collapse.
Luck:
He got out in time before losing his investment.
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Conclusion:
Huge profits in cryptocurrencies often come from early risk taking, patience, and picking promising projects. However, luck plays a big role, especially in the early days of cryptocurrencies when prices were very low.