How did these young people make fortunes from Bitcoin and other cryptos?

The cryptocurrency world is expanding more and more and together with it the investors in digital coins are building hundreds of millions of fortunes. The key for this is to invest in the early times of a coin conception or ICO.

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In 2017, Bitcoin went through spectacular growth - from $ 830 to $ 19,300. Right now, it's about $ 10,500. Ethereum started 2017 with the value of $ 10 and finished it with $ 715. It now reaches just over $ 1,000. Increases are also extraordinary in the light of the fact that they seem random.

Those who are part of the cryptocurrency community are developers, cypher-punks or Reddit users and programming enthusiasts. They have met each other for years, following forum discussions, conferences and meetings. They want the power and wealth, as we know them, to be decentralized. Although the goal is decentralization, there are significant imbalances - 94% of the Bitcoin estate is owned by men, and 95% of it is in the possession of 4% of the total owners.

James and Julian Spediacci are twin brothers and bought Ethereum when it cost 30 cents. In 2014, James Spediacci announced in a Facebook post in 2014 that everyone should buy Ethereum. "A like," he said about that post. "I received a like".

In the cryptocurrency community, James Fickel, 26, is known for having "gone YOLO to the end" and invested 400,000 dollars when Ethereum was worth 80 cents. Now he has a fortune of hundreds of millions of dollars. Thanks to his investment, his parents retired and sent his younger sister to live with him. "It's the whole world reorganizing," Fickel said. "It's the Internet that wakes up - it's the Internet that's getting its fork. This is blockchain. "

Perhaps this fortune seems to be born of dust and powder. Skeptics say the kingdom of cryptocurrency will collapse sooner or later. Chante Eliaszadeh, a law student at the University of California, Berkeley, founded Berkeley Law Blockchain. "Obviously the bubble will break and everyone will need a lawyer," she said.

I believe that it is still time for everyone of us to be on the right side of the history. And the past proved it that even with small investments you can end up with nice earnings that can at least improve our lives. If we stay in fear and don't act and don't embrace the change, we will loose the opportunity. Of course, moderation is needed and time may pass until we see the results in some cases, but being there can boost up our livelihood. So, my advise is INVEST as you still can, HODL in the raining days and ENJOY when the sun raises!