"In 2009, a friend of mine resident in the UK called and advised me to invest $1,000 in Bitcoin; he said it’s a cryptocurrency that just launched. At that time, I never heard such a word as Bitcoin neither do I know what Cryptocurrency meant. I had the $1,000 to invest but I felt as a Banker I should be the first to know about the happenings in the Financial World; Moreso, my friend is in the IT space, so I felt I should know better.
In short, I didn’t invest in Bitcoin.
Now, in that same 2009, a young Norwegian boy was writing his thesis on “Encryption” and decided to use Bitcoin as a case study, to get the information he needed however, he had to invest some Money in Bitcoin.
He never invested because he wanted to be part of it; he only invested so he could get the much needed information for his thesis.
He invested $27 and got 5,000 Bitcoins.
In 2013, he was watching a program on CNN and heard the rave about Bitcoin appreciating in value, and then he remembered his measly $27 investment.
He checked up on his investment, only to find that his $27 investment some 4 Years ago had turned to $886,000.
If I weren’t so foolish and paid attention to my friend’s advice, my $1,000 investment in 2009, would have gotten me 185,000 Bitcoins which would have made me over $32 Million by 2013.
The annoying part is that I bought a Laptop from USA in that same 2009 for $1,000… I can’t remember where that Laptop is now.
Sadly, I was more interested in putting Money in a Liability than taking a chance at an Investment…
It’s sad but that’s my story but you know what’s even worse? That's still the case of countless people today."
If that boy had rushed to sell off his coins just after buying them, I'm sure he would have labelled Bitcoin a scam and we wouldn't be reading about him today.
Onecoin is just €6.93 now!
Invest now!
Join here
Saturday, October 29, 2016
Confession of a banker on cryptocurrency
"In 2009, a friend of mine resident in the UK called and advised me to invest $1,000 in Bitcoin; he said it’s a cryptocurrency that just launched. At that time, I never heard such a word as Bitcoin neither do I know what Cryptocurrency meant. I had the $1,000 to invest but I felt as a Banker I should be the first to know about the happenings in the Financial World; Moreso, my friend is in the IT space, so I felt I should know better.
In short, I didn’t invest in Bitcoin.
Now, in that same 2009, a young Norwegian boy was writing his thesis on “Encryption” and decided to use Bitcoin as a case study, to get the information he needed however, he had to invest some Money in Bitcoin.
He never invested because he wanted to be part of it; he only invested so he could get the much needed information for his thesis.
He invested $27 and got 5,000 Bitcoins.
In 2013, he was watching a program on CNN and heard the rave about Bitcoin appreciating in value, and then he remembered his measly $27 investment.
He checked up on his investment, only to find that his $27 investment some 4 Years ago had turned to $886,000.
If I weren’t so foolish and paid attention to my friend’s advice, my $1,000 investment in 2009, would have gotten me 185,000 Bitcoins which would have made me over $32 Million by 2013.
The annoying part is that I bought a Laptop from USA in that same 2009 for $1,000… I can’t remember where that Laptop is now.
Sadly, I was more interested in putting Money in a Liability than taking a chance at an Investment…
It’s sad but that’s my story but you know what’s even worse? That's still the case of countless people today."
If that boy had rushed to sell off his coins just after buying them, I'm sure he would have labelled Bitcoin a scam and we wouldn't be reading about him today.
Onecoin is just €6.93 now!
Invest now!
Join here
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