Crypto Millionaire Bought 200K Lamborghini For 45 Bitcoin Costing $115 @senseicat
Peter Saddington purchased a $200,000 USD Lamborghini for 45 bitcoin that originally cost him a mere $115 USD!
He heard about bitcon in 2011 after reading a report about it losing 90% of it's value from $30 to $3. After spending some time researching bitcoin and reading the white paper, he invested in 2011, when each one cost $2.52, and purchased 1,000 coins.
Despite his celebrity style dream car purchase, he considers himself a HODLER. He has been purchasing it every week for since 2011.
When he purchased, his bitcoins were worth around $5,000, so with the increase of bitcoin, his car effectively cost him a little more, but I am sure he thinks it was worth the indulgence.
Source: www.cnbc.com
I would say that his dollar cost averaging technique paid off tremendously @senseicat
Props to him. Sadly I didn't have the cahones to pull the trigger on crypto way back in the day - well deserved reward for the pretty huge risk back then!
Awesome Story. Now he needs to invest 1 bitcoin to pay the insurance and repair cost later.
Peter is so cool and have a lot of sense. I love his channel and would love others to follow his channel if you have not. Nice car Peter
I love his car :P
very nice....please give treat😆😆
hodl
It is a good little story around bitcoin price.I appreciate that.Carrry on your activity.I will for next
he is very lucky to know about bitcoin at that time by the time I started crypto btc at 1100$ late to the party but not too late I guess :P as being a student can't afford to buy more than one but I know the potential at that time itself. I miss my lamb :(
That's a nice one....pls upvote my new post
https://steemit.com/funny/@arodavoo/ekaitte-and-the-parrot
Nice to meet you. I first started to get into steemit. I'll follow you. Thank you for a good article.