Ki Young Ju, an on-chain analyst, recently shared this amazing story. Specifically, a Bitcoin early adopter made a huge profit. By holding his BTC for over a decade, he made 50 million times his initial investment.
Back in 2009, the investor got 150 Bitcoin as block rewards. Remarkably, these tokens were worth only $0.13 at that time.
Fun Fact: This person mined 150 #Bitcoin valued at $0.13, held for 13 years, then sold for $6.5 million. That’s a 5,019,590,600% profit. pic.twitter.com/y1SJGAG6Yj
— Ki Young Ju (@ki_young_ju) August 9, 2023
The investor kept these tokens for over a decade. Then, he sold them last April when BTC’s value reached $43,500.
First, he received the BTC in three separate wallets in November 2009. The first, second, and last transactions were all 50 BTC.
A Stunning 5,019,590,600% Return on Investment
The three wallets were untouched for years. Finally, in April 2022, the investor cashed out. Each 50 BTC was worth $2.175 million. Consequently, the total was $6.525 million from an initial $0.13 investment. That’s a 5,019,590,600% ROI in 13 years.
This story has excited the crypto community. It not only shows the rewards for long-term investors but also highlights the power of patience in cryptocurrency.
However, crypto investments can be risky. Since prices can change a lot, investors must be cautious. Currently, BTC is trading at $29,620. Past performance doesn’t predict future results.
Investors should be careful with cryptocurrency. The rewards can be big, but the risks are big too. Therefore, good research and expert advice are important before investing in crypto.
Disclaimer: This content is for information only. It’s not financial advice. Always do thorough research before investing. Bitcoin Press UK is not responsible for any financial losses.
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