Bitcoin and cryptocurrencies make unconscious investors lose everything, while making huge profits.
The event in Brazil should be a proof of how big profits can be brought by crypto money investment if it is done at the right time and in the right way.
Joao Canhada, the founder of the crypto money exchange Foxbit operating in Brazil, gave a Bitcoin as a birthday present to his little daughter, who was born 4 years ago in 2017.
The leading cryptocurrency Bitcoin was trading around $915 in 2017. Today, 4 years later, the price of Bitcoin has exceeded $ 60,000. With this, the little girl made a mega profit of 6,500% from Bitcoin.
The little girl’s father, Canhada, said:
“As soon as my daughter was born in 2017, I bought her 1 Bitcoin as a gift. I bought it not only as a gift, but also to invest in this new economy. BTC was 5,000 Brazilian reals back then.”
2017 was the last chance for investors to buy Bitcoin under $1000. Canhada, who took this chance and turned it into an opportunity, made a very successful investment by buying Bitcoin, although he stated that he was not aware of it at the time.
At that time, no one could have predicted that buying Bitcoin at the $1000 level would yield an unimaginable amount of money four years from now.
*Not investment advice.