I'm sorry but he did actually get very lucky to catch that return 😂 😂 😂
Discussion
In one year*
He's lucky he didn't get wiped out, but he bought at a good time in terms of what the general sentiment was around then, and where Bitcoin was priced.
From my perspective, if someone did this today and Bitcoin went to 200k, that would be lucky, because the market is at all time highs, rather than uncertain lows. It is a risk/reward balance, and there is less risk involved when more people are fearful.
The other part of this is capitalizing on a bold strategy and not becoming greedy, which many people tend to do before they lose most of what they risked. He could still lose a substantial amount of what he has, but that is part of the learning process.
Yeah that's fair. Maybe I'm just jealous 😅
There may be a little of that, we are all human after all and that is a common emotion. Just remember there is no reason you couldn't do the same given enough time, patience and education on how to minimize a risky bet and maximize on potential on it. Most people are not making money from taking these risks, but then most people are taking those risks at the wrong time.
Yeah you're 100% right 👍