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Inspiring Bitcoin Success Stories for Newbie Bitcoin Traders

It’s always hard to get into something at the beginning, especially if you’re lacking inspiration for it! While Bitcoin trading and the insanely large money-making opportunities are an incredible incentive to get you interested in the market, sometimes a little extra push is all you need to finally get started. Thankfully, there are a ton of incredible Bitcoin success stories out there that are sure to get your engine running! Granted, we’re not saying that there isn’t a risk that comes with Bitcoin trading, but with good research and a bit of luck, you might be the next hero in stories such as these.

A Millionaire in His Teens

Likely, you have already heard this story before, as it’s one of the most popular Bitcoin success stories in its decade-long history. Erik Finman was only twelve years old when he first took a chance on Bitcoin. Using the $1,000 birthday gift money that his grandmother gave him, the teen bought Bitcoins in 2011 when the cryptocurrency was still in its early days. Lucky for Eric, the price of Bitcoin blew up just two years later, with his stash of coins worth about $1,200 per Bitcoin!

Being the smart kid that he was, Eric decided to invest his money into starting an online education company! It seems that Eric had a string of luck that followed him down the line as well, as his newfound company quickly garnered interest from investors that offered him a buyout of either $100,000 or 300 Bitcoin. Of course, Eric once again took his chances with Bitcoin. It’s safe to say that Eric made the right choice once again as he’s now thriving as one of the first Bitcoin millionaires.

Research Truly Pays Off

It’s hard for most of us to imagine the incredibly low prices Bitcoin once held knowing how much it’s worth today. Thanks to Bitcoin trading gaining a ton of traction in the past couple of years, most of us have a good amount of knowledge in the currency, how to obtain it, and how its price fluctuates. We’re even lucky enough to have a ton of helpful trading tools readily available to us that can be accessed through a simple internet search. By visiting the Bitcoin Code official website, for example, we can take advantage of their top-notch Bitcoin trading software and potentially earn hefty sums.

All of this however was a far cry from what most people knew about Bitcoin back in 2009 when Kristoffer Koch bought 5000 Bitcoins for a measly $26! Koch was researching the latest applications for encryption technology for his master’s thesis when he ran into the relatively unknown virtual currency called Bitcoin. Wanting to be a part of this new wave of tech, Koch invested a small sum of money into it and then promptly forgot about its existence altogether.

Koch hadn’t thought about Bitcoin for years, letting his fortune grow in the background while he unassumingly continued with his life as if nothing ever happened. Luckily, the unassuming man was reminded of Bitcoin when he caught sight of a story about it on mainstream media. When he saw how much Bitcoin was worth a few years later in 2013, the man spent an entire day trying to remember the password to his crypto wallet and once he finally cracked the code, was rewarded with an insane amount that set him up for life.

The Anonymous Millionaire

Another popular story of a Bitcoin millionaire that you might have caught a whiff of is the one about the supposed Mr. Smith, a tech company employee in Silicon Valley that managed to earn millions through Bitcoin. According to the anonymous man’s Forbes interview, he bought 3000$ worth of Bitcoin back in 2010 when a single coin was valued at $0.15. Mr. Smith decided not to dwell too much on what was happening with the cryptocurrency but periodically checked for updates on his investment.

When the man saw Bitcoin prices suddenly jump from $350 to $800 within mere days, he knew it was time to cash in! Now worth a fortune, Mr. Smith decided to quit his job and enjoy his life as best as he can. For him, this included living a luxurious life filled with travel to the most exotic locations through first-class tickets that made him feel like royalty.

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