RE: Cryptocurrencies Are Changing The World!

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Cryptocurrencies Are Changing The World!

in busy •  7 years ago 

Many overnight millionaires has been created as a result of cryptocurrency

busy
7 years ago by

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      ·  7 years ago 

    It wasn't exactly "overnight", they had to have mined/bought and held for long enough without selling. So many people sold everything they had when bitcoin hit $10 cents, $1, $10, $100, $1000, and $10,000, only to buy back in at a fraction of what they originally held.

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      ·  7 years ago 

    Totally true. It sounds easy to say that that people just became millionaire overnight... IT took them years and holding for long a very clear vision of what they thought the outcome will be even when the nobody believed in it.

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        ·  7 years ago 

      Yep I had hard drive fail (no backup of btc wallet) then purchased then sold. Then purchased then sold. If I held then I would have my lambo now.

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          ·  7 years ago 

        damn... I believe something similar might happen with Steemits some years down the line... fingers crossed.

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            ·  7 years ago 

          Well Said!

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              ·  7 years ago 

            :)

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                ·  7 years ago 

              I disagree, people who held and forgot about it made a fortune, it was definitely not overnight. Some people doubled their money and then didn't come back in.

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                ·  7 years ago 

              Indeed, I wrote down the same here... It's not as easy as it sounds.

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                ·  7 years ago 

              years ago yes, but nothing but losses since last December, crypto market is dead currently

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