3 individuals who became crypto millionaires by surprise

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mike.chadSenior Member
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#1May 14, 2021, 08:50 PM
These are some heartwarming tales of a few crypto investors who either forgot about their coins or kept them tucked away, only to find out later that they turned into success stories. I figured this would be worth sharing. Not long ago, I too forgot about a small stash of less than $10 in a wallet, but when I checked back later, it had surprisingly grown to around $100. So, how about you? Have you had any lucky breaks with your crypto investments?
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stack_laserFull Member
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#2May 14, 2021, 10:10 PM
Some made away funds can really turn out to become big in the future, between it still ball down to cash flow which allows you to put aside some funds for such rainy day, I remember buying a few XRP sometimes when the price was far below what it is right now and we gained already but I am still holding since long term is my goal.
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nonce_sigmaFull Member
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#3May 16, 2021, 11:27 PM
There are many people who became crypto millionaires, it isn’t that uncommon for early adopters. Even now newbies can get lucky picking a meme coin or something that moons & makes them really rich. Crypto has created so many millionaires & it will continue to.
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gas42Full Member
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#4May 17, 2021, 05:28 AM
Nah, Seeing these current prices do always remind me into the coins that i have wasted in the past on which I can definitely say that I might be a millionaire now if it wasnt those coins being totally wasted into those ponzi schemes or doublers.  Stories like those above really show how powerful patience and time can be in crypto. some people become millionaires almost by accident just because they held and didn’t touch their coins for years. forgetting about a small balance and later finding it multiplied feels like free money and it proves how volatile but rewarding bitcoin and other crypto can be over the long term.
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ryan_orbitFull Member
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#5May 17, 2021, 11:39 AM
I haven’t been lucky with such things because I don’t even have money that I can invest and forget about the investment in a wallet. I always keep an eye on them and when they rise to an amount I can profit from, I quickly withdraw them. Sometimes I end up in loss and still withdraw them if I can’t hold further and don’t have hope in the coin to rise again. I believe those that forgets such amount in their wallets have more money they could easily discard without having to bother about it, I mean they have discretionary income and used it to invest in such tokens and forgot about them.
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raven_sigmaFull Member
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#6May 17, 2021, 12:16 PM
The only time you can forget your coin in your wallet is when you have small values of coin in that wallet, but a process whereby you have enough coins in your wallet, I believe that nothing will make you to forget the coin, even though the coin doesn't have relevant at moment, so it's not possible for crypto investor to forget it coin without target Some crypto investors can hold coin for long-term for purpose reason, so that's what we have to know, any seed phrase that anyone keeps intact I believe that's coin that person is holding... I have not been that lucky, any coin in my wallet I purposely hold the coin, and I have reasons for holding any coin in my portfolio, neither I'm holding it for period of 3/2 years
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mike.chadSenior Member
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#7May 17, 2021, 12:25 PM
Buddy it is possible to forget a coin in a wallet. It may not be intentional but either because of certain circumstances that makes you to abandon the wallet. If you have just little amount in the wallet that will be very small to withdraw especially considering the fee that you will use to withdraw it, you can decide to leave it there and by that, when it gets to bull season the coin can rise that you will be surprised how much the little money will worth. Yes, sometimes fees may be high for you to withdraw small amount remaining in your wallet and you can decide to abandon the wallet for a long time. So this is very possible and it is capable to increase its worth overtime. If you check your wallet and the withdrawals made 5 /7 years ago, you will see how much they are worth now.
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CyberWhaleSenior Member
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#8May 17, 2021, 03:43 PM
Let's not forget that no one has able to hit the millionaire mark just by randomly shitcoins on pumpfun. The way the trenches are now being operated is that you can't make money in the trenches without being part of an insider group or community because by the time you get to know of the token, you are already exit liquidity. The game used to be easy a few years ago but now, only the most skillful players win.
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just_sageFull Member
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#9May 18, 2021, 06:41 PM
Most of the things I see in my old wallet is how much I have used Bitcoin and not hold them. Sometimes I feel depressed looking at those wallets because assuming I held those Bitcoins, I would have been financially comfortable today but because I was using Bitcoin to pay for goods and services across borders, I did not buy them to hold. My only way of consoling myself is just the fact that I now know how helpful Bitcoin can be as a means of payment; it has came through for me when other means of payment were not accessible.
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SilentGuruSenior Member
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#10May 20, 2021, 07:51 AM
I've had many ETH wallets where I put some ETH for onchain activity back then just for fee and forgot it after some years and the recent ATH makes me remember them and it's like finding hidden treasure. I also have found my unused BTC address holding some BTC. This is the part that I liked the most with crypto, even the amount of BTC that you thought were just enough for fee and barely worth any value that you just let it sit there for few years suddenly multiply in value and became valuable.
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miner2011Senior Member
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#11May 20, 2021, 10:29 AM
We've witnessed many instances like this where people made a large profit from Bitcoin. They were able to do it by patiently holding their Bitcoin assets for several years. And for others, they didn't hold and store Bitcoin in their wallets for years, but in the end, their waiting was not in vain. Just like you said, someone who bought just $10 worth and let it sit for a few months or years could see that initial $10 investment turn into $100. That's a real possibility in the crypto space.
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yield21Full Member
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#12May 22, 2021, 08:42 AM
Well I have one Electrum wallet way back in 2018 wherein I forget my mnemonic phrase, or shall I say I didn't right it down because I trust the laptop that I have used. But then everything went down when my laptop broke and the only thing to recover it is to format everything. So that is a big lesson for me, so it might have been worth something by now. But I'm not looking back, it's my fault and so I just charge it to my experience. Maybe there will still others like the OP who got back into their wallet and find out that it has multiplied already throughout the years.
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byte2013Senior Member
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#13May 22, 2021, 02:51 PM
I remember my old laptop from way back in 2018. It contained important files, including the seed phrases for my Electrum wallet and my MetaMask accounts. Then, my laptop had a problem. A neighbor offered to check it for free, so I trusted him. I just told him not to reformat it, just to check it. But that jerk of a neighbor went and reformatted it without even asking me first. I had coins that had increased in value, worth around $23,000, but because the seed phrases were on that laptop and I hadn't saved them to another USB, I couldn't retrieve my important files. I was so mad at that neighbor. It just goes to show how important it is not to save your seeds in only one place.
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0xNonc3Full Member
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#14May 22, 2021, 07:17 PM
Some interesting article to add on the discussion https://coinweb.com/trends/how-many-crypto-millionaires-are-there/ And lots of people invest on early stage on Bitcoin and crypto existence became so lucky especially when they forget to have balance or even continue to invest on Bitcoin then HODL some of their top alts in the market. For sure lots of people here earn good fortune, but for sure they won't disclose how much they earn for privacy reasons.
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yield_hawkSenior Member
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#15May 22, 2021, 10:44 PM
But the thing is that in that article, it seems that it promoted meme coins and not Bitcoin? So not sure if others will become millionaires with this kind of methods, sure there could be one or two, but then again, the risk it too high that only a small percentage of people will likely hit that jackpot. It's like a lottery, although not that big odds, but again, not everyone will have that kind of luck to invest in meme coins and then suddenly you become a crypto millionaire.
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raven1337Hero Member
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#16May 23, 2021, 12:54 AM
I guess mostly of those new crypto millionaires are financially good. I don't they they would be new millionaires without holding their asset for long-term, even some i believe forgot if they stacked some BTCs. It's something that can't be done by someone who have no financial freedom. It's good to see crypto made so many new millionaires. This proves crypto is stable enough to be treated as commodity. I hope the more people will adopt crypto by seeing this.
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#17May 23, 2021, 03:37 AM
Sometimes forgetting a wallet where you stored your crypto is another good way of holding but that if you can remember or be opportuned to come across such wallet again after so many years, for instance someone who bought Bitcoin in the early days and stored in a particular wallet then decided to install that particular app and discovered he/she already has am account then logged in to see a huge amount of money that's been stored there for years and has grown into something suprising, well such success always happens to those who buy good coins for holding and not shitcoins, that's why it's good to buy coins with long-term features and not shitcoins with no future.
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sigma07Senior Member
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#18May 23, 2021, 08:43 AM
Congrats to them. Crypto is a wealth transfer and whoever believes to the right crypto or to the ones that suddenly just pumped that's done by the whales, you're lucky. They know how to take care of their assets and even if they've forgotten it somehow and still managed to be back, they took the risk and they deserve the reward.
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stack_laserFull Member
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#19May 23, 2021, 12:12 PM
Well we have not been in this space long like some of you guys who are the early adoptors most especially those that have been in the forum before 2017-2020 you guys saw the early entry of most altcoins even though you missed Bitcoin earlier stage where airdrops and bounties where still very profiting. So possibility of having such left over coins, for whatever reasons are always there and we must acknowledge that fact.
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hodler_gweiFull Member
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#20May 23, 2021, 02:43 PM
Yes, this isn't new and shouldn't be surprising, as there are countless stories of people becoming millionaires in the crypto world, using various methods and with varying stories. They were incredibly lucky, and perhaps it was thanks to their patience and strong belief that they achieved such extraordinary results and chose the right coins that would yield substantial profits. And of course, I'm sure many of them here are quite lucky, but they prefer to keep it a secret.
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