30 Dec '16, 2pm

Want to Be a Millionaire? Two Main Rules of Bitcoin Investing

Who wants to be a millionaire? That could possibly lead to a cheerful chorus of “me” almost anywhere. The only other question that might get a similar response is “who want’s ice cream?” The stories of rags to riches are inspirational stuff. When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even small amounts of Bitcoin have made people incredibly wealthy. In December of 2015, The Guardian reported the case of Kristoffer Koch, a Norwegian who had purchased Bitcoin worth $26.60 in 2009. Koch acquired a total of 5000 Bitcoins for his investment, which at last year’s rate was worth $886,000. Let us fast forward to today and Kristoffer’s investment would be worth $4,749,550. Let’s follow Mr. Koch and try to see if we can recognize some patterns that can allow you to become a Bitcoin millionaire as well. Hold on t...

Full article: https://cointelegraph.com/news/want-to-be-a-millionaire-t...

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