April 29, 2025
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What does the man who was happy because he sold the 1,700 Bitcoins he bought in 2011 and made a profit of only $408 do now?

  • November 14, 2023
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Invention of Satoshi Nakamoto Bitcoin He has been with us for over 10 years. Although we have become accustomed to Bitcoin’s 5-figure price in recent years, that is

Invention of Satoshi Nakamoto Bitcoin He has been with us for over 10 years. Although we have become accustomed to Bitcoin’s 5-figure price in recent years, that is actually the case This was not the case.

At work, From the man who bought 2 pizzas with 10,000 Bitcoins Less known The story of regret by Greg Schoen and what they taught us.

Greg Schoen regretted selling 1,700 Bitcoins, which he bought for $0.06, for $0.30 when the price rose to $8.

Twelve years ago, Greg Schoen, one of Bitcoin’s oldest supporters, showed everyone what regret could look like in Bitcoin history. In his tweet of May 17, 2011 said “I wish I hadn’t sold the 1,700 BTCs I bought for $0.06 for $0.30, they now cost $8!” he said.

After this comment He was silent for six years. Going back to his own tweet in 2017, he said he was confused and sold at the time.

Now you are not angry and yet is in the cryptocurrency market However, he stated that if he had not made this sale, he would have made a much larger investment.

Over the years, some people still come back to that tweet from Greg and ask him questions. One user’s question is quite funny: “Which cryptocurrency did you last buy and are you going to sell soon? “So I will take it and keep it for 5-6 years.”

Another explanation from Greg Schoen is that he spent 1,700 Bitcoins that day. from $0.30 If it hadn’t sold off on days like Bitcoin’s ATH (highest price level) in subsequent years, it certainly would will have made a sale It was like.

I also want to make money from the story of regret in 2022 famous tweet He put it up for sale on NFT marketplace OpenSea.

If we go back to the years when Bitcoin first came out, it was basically like that Bitcoin had no value. For example, in October 2009, a Finnish computer science student Martti Malmi, He sold his 5,050 Bitcoins for 414.65 Indian Rupees (142 TL).

This value was the first price given to Bitcoin in history. The price of 1 Bitcoin that day $0.0009 was determined as. Martti Malmi later stated that he owned approximately 55,000 Bitcoins between 2009 and 2010, but he $15 to $30 He announced that he was selling it for a price between .

Malni sells 55,000 Bitcoins, the man who bought 2 pizzas with 10,000 Bitcoins, and Greg Schoen‘s 1,700 Bitcoins for $0.30 to sell These are just some of the saddest events in cryptocurrency history. These stories are actually for all cryptocurrency investors. It’s a big lesson.

Greg Schoen’s declaration that he is no longer upset means that he has stopped saying things like “I wish I hadn’t sold,” that he has made peace with his decisions, and that no matter how much he regrets he still regrets it. . approached with a joke shows.

Accepting his own regrets, moving on and still being interested in cryptocurrencies It shows that he is not intimidated.

Source: Web Tekno

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