The cryptocurrency domain is extremely lucrative, given that one has an eye for searching for beauty in piles of products that obstruct one’s vision. The domain is known to deliver decent profits to those who have an ability to identify winners, those who can sustain the bouts of volatility that the crypto market is known for. Among such incidents, a lucky investor was able to assess market prospects and bet on a single crypto that gave him profits worth 12971%. What is this whole installation about? Let’s find out.
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One lucky investor notes 12971% worth of ETH profits
“An #Ethereum ICO participant just woke up after almost 8 years of dormancy and deposited $1,500ETH ($6M) into #Kraken for the first time. This OG (0x3690) received $20,000ETH at inception, with a buy-in cost of $6.2,000, now worth $90,000 – 71,000 in return.”
What eventually helped in the long run?
Ethereum has now become a central blockchain, which is slowly evolving into a setup that offers great stablecoin deployment trials.
“We’re tokenizing more than just the dollar; the stablecoin is the breakout product, which is a tokenized dollar. But as you know, Larry Fink and Robin Hood want to tokenize everything on the blockchain, and they’re going to build it on a neutral public chain, which right now is 70% on Ethereum.” FundStrat’s Tom Lee later shared.
“Eight years of silence, one move and $80 million speak louder than words. It’s conviction, not luck. Most traders can’t last eight hours, let alone eight years.”
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