Let’s compile some early cases of getting rich through BTC for our family members:
1. Li Xiaolai, the biggest winner of Bitcoin, achieved his dream of getting rich overnight by exchanging 100,000 Bitcoins for 13.5 billion in cash. Li Xiaolai was originally just an English teacher at New Oriental living on his salary every day, but by chance, he learned about Bitcoin and felt that this virtual currency had a great future, so he bought Bitcoin crazily when the price was low. coins, then hoard them and sell them when the price of Bitcoin is high. Some people may think that the profit from this price difference is actually not large, but no matter how small a fly is, it is still meat. Through Li Xiaolai's continuous efforts, the number of Bitcoins in his hands has been growing significantly and steadily, and has reached the huge number of 100,000.
2. Guo Hongcai, known as Mr. Bao, is a Bitcoin angel investor. His investments include: Yihang Cloud Computing, Wells Fargo Fund, Yangyang Interview, Bit Fund, and BitTorch Wallet. In the early days, it had the largest Bitcoin mining farm in the world. In 2013, he bought Bitcoin at a garage coffee. In 2016, Guo Hongcai was invited to attend the Davos Forum and shocked everyone with his words! Wearing T-shirts and slippers, the financial professionals in suits and ties made a high-profile voice for revolution in the Bitcoin community at the Davos Forum; they officially joined the WINGS Foundation Advisory Board. In 2018, I spent 500 Bitcoins to buy a mansion in the United States.
3. “Bitcoin helped me buy a house” – Daniel Crocker, business owner In 2012, Daniel Crocker was completing his apprenticeship at an IT company. Every day during lunch time, he would chat with his colleagues to earn some extra money. When the topic of Bitcoin came up, he decided to give it a try and make a small investment. He then held on to the coins for 8 years as their value continued to grow. Last year, he sold some for half the deposit on his house. “I do know some people who are deep into it, but I think I’ve been lucky enough.
4. Kingsley Advani, Software Engineer Some people speculate, some invest, but Kingsley Advani goes all out. He emptied his bank account and sold everything he owned in order to buy as much Bitcoin as possible. It paid off in a big way. In mid-2017, just as the massive bull market was beginning, Kingsley saw incredible potential in Bitcoin. He took all the money, selling everything he owned, including his laptop, and purchased $34,000 worth of Bitcoin. A few months later, he became a millionaire. He now travels between San Francisco, New York, and London as an advisor to startups in the cryptocurrency industry. “It’s like a rebellion against traditional finance,” Advani said.
5. Erik Finman, high school dropout and entrepreneur. In 2011, when Erik Finman was just 12 years old, he took $1,000 his grandma had given him and invested in Bitcoin. At the time, one Bitcoin was worth about $10. He dropped out of high school at age 15 and made a bet with his parents that if he made $1 million by the time he was 18, he wouldn't have to go to school or college. Immediately, he sold $100,000 in Bitcoin and started a business from his bedroom. He founded Botangle, an education company. Two years later, he sold his company for 300 Bitcoins. He officially became a millionaire when Bitcoin topped $2,700. The key thing is that he is only 17 years old, so he won the bet with his parents. Instead of going to university, he traveled around the world, visiting Dubai, Hong Kong, Beijing, London, Prague, Sydney, Melbourne, Vienna and Stockholm. Today, he has an 8-figure net worth. He is a key investor in a Silicon Valley cryptocurrency startup and helped introduce the Cryptocurrency Act of 2020 as a citizen advocate.
6. Kristoffer Koch. Kristoffer, a Norwegian student in 2009, is writing his master's thesis on cryptography. When he read Satoshi Nakamoto’s white paper on Bitcoin, the insights he gained from his research helped him see the impact this new cryptographic technology could have. He bought Bitcoin for $26.60. Even though it was only $26.60, his partner was skeptical about spending "real money" on "fake money." Fast forward to 2013, Kristoffer saw Bitcoin in the news. He did a quick calculation and realized he was close to a millionaire. He sold 1,000 Bitcoins and bought an apartment. If he holds another 4,000, he is worth hundreds of millions of dollars.