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Bitcoin Casinos >> Bitcion News
The surge of bitcoin has created a group of Billionaires

With the rapid rise of bitcoin, there are more myths about the sudden wealth of retail investors. These stories are mysterious, but also make the blood of the outside world.

Andy (pseudonym), a player with more than 150 bitcoins, told Phoenix Weekly finance that his personal assets once again reached a new level. "It's a surprise.".

Since holding 400 bitcoins in 2016, bitcoin has brought Andy a breakthrough in his class - a suite in Shatin District of Hong Kong, as well as a strong deposit in his bank account. Fortunately, there are more than 150 bitcoins in his account, worth more than 60 million yuan.

Not only retail investors, but also more and more institutions are buying. Bitcoin seems to be replacing gold as a safe haven. As one of the asset allocation strategies, after Tesla announced the purchase of US $1.5 billion of bitcoin, Chinese company Meitu also announced the purchase of 15000 units of Ethereum and 3791214267 units of bitcoin in the open market on March 5, with a total price of about US $40 million.

With the popularity of musk and other stars, as well as the entry of running agencies, the price of bitcoin has increased by nearly 100% since 2021, and has risen by more than 500% since half a year ago. As a result, the total market value of bitcoin once exceeded one trillion US dollars, surpassing Tencent.

Andy is used to this kind of ups and downs. During the six years of holding bitcoin, the assets of his account once exceeded 90 million yuan, but also fell to 10 million yuan. But Andy's character of not giving up and being able to hold on has kept him to this day.

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