Success stories about how novice investors and traders went down the unknown path – and won. Not everyone has managed to enrich themselves with the help of cryptocurrencies, but every day brings new success stories.
Here is a list of incredibly lucky investors and traders who have made their fortune with decentralized currencies.
Kingsley Adwani, one of the earliest apologists for bitcoin
Advani first learned about Bitcoin from a friend in 2012. At that time, cryptocurrency was mainly used by criminals, and nothing indicated its investment attractiveness. However, Advani managed to see the true potential of BTC and started buying it.
He emptied his bank accounts and used whatever savings he’d put aside while working as a data specialist for a small software company. The decision to put the entire $ 34,000 on Bitcoin was very risky, he said, but it paid off.
The price of the cryptocurrency has increased many times over and Advani has become a millionaire. He still has a passion for cryptocurrencies and blockchain. Advani has retired from his job and is traveling the world acting as a consultant and angel investor.
Peter Saddington, Founder, Cryptocurrency Social Network
Peter is the CTO of the startup VinWiki and the founder of the cryptocurrency social network TheBitcoin.pub. He studied computer science at Florida State University and received three master’s degrees in consulting education, and theology from Luther Rice College and Seminary in Georgia.
Peter first learned about Bitcoin from an article on the Ars Technica website that discussed the collapse in cryptocurrency prices. The new technology intrigued Saddington, and he began to study it closely.
Saddington decided to take a chance and bought over a thousand bitcoins at $ 2.52. You can imagine how much he made from the cryptocurrency rush. Peter became famous when he sold 45 bitcoins and with the proceeds bought himself a Lamborghini Huracan.
Tyler and Cameron Winklevoss, the first Bitcoin billionaires
Unlike the rest of our list, the Winklevoss Brothers are heavy artillery. Their fortune exceeds a billion dollars, and they have a huge impact on the cryptocurrency world (including through their Gemini cryptocurrency exchange).
The brothers started investing in bitcoin back in 2012. They became popular when they accused Facebook founder Mark Zuckerberg of stealing the social network idea. The court ruled to pay them $ 65 million in compensation.
Success in the new venture helped them to assert themselves and restore their public image, but the path to it was not easy. During the great Bitcoin crash between 2013 and 2015, they lost 80% of their investment. But today they are the first Bitcoin billionaires.
Huai Yang is a millionaire who made his fortune trading bitcoins
Before his introduction to Bitcoin, the 28-year-old millionaire from Beijing was not very successful. He was involved in consulting and hedge fund management.
Yang learned about bitcoins a few years ago, but he didn’t have enough money to invest. Nevertheless, he still took up cryptocurrency trading and today earns about a million yuan a month. However, Ian is not a cryptocurrency enthusiast. He believes that they are only suitable for trading.
Christoffer Koch, one of the luckiest crypto kings
The history of successful investments in bitcoins made Koch a legend and inspired many. The young Norwegian stumbled upon cryptocurrencies while writing his dissertation on encryption.
In 2009, Koch bought 5,000 bitcoins for 150 kronor and forgot about them until the media began to pay increased attention to decentralized currencies. Christoffer has managed to recover the private key from the crypto wallet. In it, a cryptocurrency worth 886 thousand dollars was waiting for him.
Jeremy Gardner, owner of “Crypto Castle”
The controversy over the anonymous online trading platform Silk Road and the use of bitcoin in illegal transactions sparked Gardner’s interest in cryptocurrencies. Jeremy purchased some digital money in 2013 just for fun with the help of his friend. Gardner then began to research the new market intensely, but the lack of proper guidance prevented him from assessing the true value of bitcoin. However, by 2014 he was sure that cryptocurrencies would stay with us for a long time.
He decided to buy bitcoin and spent thousands of dollars on it, but in a very short time, Jeremy multiplied his investment. It shocked him. Growth continued and Jeremy is now a Bitcoin millionaire.
Nicknamed the Crypto Castle, his San Francisco estate brings together crypto enthusiasts from all over the world. Gardner claims that over half a dozen people who lived there for a time became millionaires.
