Apple co-founder Steve Wozniak recently stated that he has liquidated most of his bitcoin positions while speaking at a business forum in Sweden. Mr. Wozniak has previously stated that he had purchased bitcoin for approximately $ 700 USD, suggesting that he probably made profits of more than 1000%.
Wozniak Sells Bitcoin Positions
In his speech at the Nordic Business Forum in Sweden on January 24, Steve Wozniak told an audience that he has liquidated almost all of his bitcoin positions. Mr. Wozniak stated that he does not want to become obsessed with the price of bitcoin, and chose to charge after the price "went up."
"I had bitcoin's to experience and when it went off, I said: 'I do not want to become one of those people who looks at it, looks at it and worries about the number'. I do not want that kind of care in my life. Part of my happiness is having no worries, so I sold everything, I got rid of it, except for enough to continue experimenting, "said Wozniak.
The co-founder of Apple also said that his main interest in Bitcoin in the future will be to use cryptocurrency as a means of payment.
"Life is about happiness"
In 2017, Mr. Wozniak recounted his entry into the bitcoin markets, stating that "I remember being interested in bitcoin some time ago. It was $ 70 USD for a bitcoin, the man and I went online and you had to have a special bank account in a special bank and I could not buy any bitcoin, so I gave up. Finally, I got some of them in the $ 700 USD stage. "
After having probably closed his position with a profit above 1000%, Mr. Wozniak is at peace with his decision to liquidate most of his bitcoin values. "If I died and had all this wealth and yachts and all these things, would I be as happy as when I laugh? And I thought about the jokes I played and the jokes I had told and the music I would hear that would make me smile, and I thought about my formula that life is about happiness. "
¿Do you think Wozniak sold at the right time? Share your thoughts in the comments section below!
The right time to sell some substantial sum will be when BTC hits 100k, so from long term POV it wasn't a good decision :) But if he's so worried about volatility, it might be a good one. He won't get a heart attack :)
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