So basically, he could have sold his Bitcoins at $1200, used that $100k to buy 500 Bitcoins when it dropped to $200, and made even more money while still attending school and setting himself up to have a regular job and continue increasing his income. Now he's worth over 1 million, but has to start from scratch to earn a regular income beyond that. 1 million won't take him very far in today's world.
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While this is true, the HUGE majority of people in the World don't manage to generate 1 million dollars in decades, including all past and present expenses and all.
Good point. Although if you read up about him, he has quite a few irons in the fire. He is extremely tech savvy. Has some interesting ideas for new apps...
Admittedly, I hadn't even heard of him until I read your post, so I'm definitely not read up on him. I hope he continues to do well, but I won't be encouraging my children to follow in his footsteps. Once they graduate and leave my home, they're welcome to do as they please, but while they're under my roof, they're finishing highschool, lol.
He used my math. By transferring from Bittrex to Steemit I lost out on a higher % obtained through Blocktrades due to the current arbitrage pricing from Polo.