So, in these bearish times, it\u2019s worth remembering that crypto could come very, very bullish if you invest wisely, no matter the coin involved. Let\u2019s discover some nice stories from crypto millionaires (and previously just common people) ahead.<\/p>\n\n\n\n
Erick Finman (and grandma)<\/strong><\/h2>\n\n\n\nThis little guy was barely eleven when he decided to buy some bitcoins in 2011. A great year to buy BTCs, indeed, because the price was barely at $12 per token. His granny borrowed him $1,000 for the great purchase, and his older brother helped him in the process.<\/p>\n\n\n\n
![\"Crypto-millionaires-Finman-21\"](\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/Erick-Finman-21.-Source-The-Business-of-Business-1024x329.jpg\")
Erick Finman (21). Source: The Business of Business<\/figcaption><\/figure><\/div>\n\n\n\nTwo years passed, and Bitcoin hit $1,200 per coin. Finman made over $100,000 with his past investment. <\/strong>V roce 2014 he used<\/a> the money to create an educational startup. He moved to Silicon Valley (USA) and made a deal with his parents: if he could earn a million dollars by the age of 18, he wouldn\u2019t go to college.<\/p>\n\n\n\nBy 2015, he sold his startup for 300 BTC. He\u2019s been involved in several businesses since then, but he sure kept his promise and didn\u2019t go to college. If he just waited for the 2017 boom, s Bitcoin<\/a> at $17,000 per coin, then those 300 BTC became around $5.1 million. New crypto millionaire there!<\/p>\n\n\n\nA Redditor and an old PC<\/strong><\/h2>\n\n\n\nImagine it: after years of being lost, you finally find an old hard drive with hundreds of bitcoins. It\u2019s better than winning the lottery. That\u2019s the tale of an anonymous Redditor in 2021. They shared the discovery on Reddit, with the title \u201cI found the private keys to my 127 Bitcoins I lost 8-9 years ago. I\u2019m at a loss for words\u201d.<\/strong><\/p>\n\n\n\n![\"bitcoin-coin-hrst-pen\u011b\u017eenka\"](\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/hands-4348717_1280-1024x682.jpg\")
<\/figure><\/div>\n\n\n\nPodle their story<\/a>, the Redditor was very young when he got the soon-to-be treasure. They participated in surveys and faucets<\/a> to earn a few coins. They planned to use them to play an online game \u2014that accepted bitcoins, but they didn\u2019t have the chance. Their old PC crashed, and the coins were left there, dormant, and almost forgotten.<\/p>\n\n\n\nYears later, he came back to that old PC and tried to recover the data. Surprisingly, 127 BTC were still there, waiting for him. He cashed out and made over $4 million, at $33k per coin. Sadly, they didn\u2019t wait for the ATH<\/a> in November.<\/p>\n\n\n\nThe Pineapple Fund<\/strong><\/h2>\n\n\n\nWe don\u2019t know much about the crypto millionaire dubbed \u201cPine\u201d or his whole net worth. However, we do know that they\u2019re an early (and shy) Miner Bitcoin<\/a>, who got filthy rich over the years thanks to that. The reason why Pine is famous now is for the \u201cPineapple Fund\u201d:<\/strong> a massive Bitcoin donation to several charities worldwide, back in 2017<\/strong>. <\/p>\n\n\n\n![\"Crypto-millionaires-Pineapple-fund\"](\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/Pineapple-Fund-website.-Screenshot.-1024x460.jpg\")
Pineapple Fund website. Screenshot.<\/figcaption><\/figure><\/div>\n\n\n\nAs they described:<\/p>\n\n\n\n
\u201cWhat do you do when you have more money than you can ever possibly spend? Donating most of it to charity is what I’m doing. For reference, The Pineapple Fund is bigger than the entire market cap of bitcoin when I got in, and one of the richest 250 bitcoin addresses today.\u201d<\/p><\/blockquote>\n\n\n\n
As a result, the Pineapple Fund<\/a> gave away around $55 million in BTCs to 60 charities<\/a>. These include organizations like The Water Project, Internet Archive, BitGive, GiveDirectly, Open Medicine Foundation, Institute for Justice, Green Steps, and MAPS (Multidisciplinary Association for Psychedelic Studies). Thanks for that, Pine.<\/p>\n\n\n\nDan Conway and Ethereum<\/strong><\/h2>\n\n\n\nCrypto millionaires didn\u2019t get rich only with bitcoins. Indeed, it\u2019s usual that most of them have a healthy and diversified portfolio<\/a> \u2014of course, including Ethereum. Dan Conway took that to the next level, though. He\u2019s the typical case of \u201cplease, don\u2019t try this at home\u201d. Basically, Dan bet all his life savings and the familiar house on Ethereum in 2016.<\/strong><\/p>\n\n\n\n\u201cI was a middle-aged guy with a family who had never been on the cutting edge of anything. But I was about to bet everything I had on an unproven virtual currency called Ethereum. This could only end two ways: I\u2019d lose everything I owned, or make a fortune.\u201d<\/p><\/blockquote>\n\n\n\n
To his credit, Dan made detailed research before investing \u2014and even became obsessed with Ethereum<\/a>. He put $300,000 in ETH, and it didn\u2019t always go well. He experienced<\/a> losses at some point but just waited until the end of 2017. Then, he cashed out around $13 million. He went to travel with his family and published a book about his experience: \u201cConfessions of a Crypto Millionaire: My Unlikely Escape from Corporate America.\u201d<\/p>\n\n\n\nJeremy Gardner and Augur<\/strong><\/h2>\n\n\n\nGardner is widely known as a self-made millionaire thanks to Bitcoin. Just like other crypto millionaires around, he was early in the game. Back in 2013, he started his investments for curiosity, but it didn\u2019t last much that way. He was amazed by the idea of decentralization<\/a>, where no intermediaries are needed to send and receive money. Very soon, he turned most of his savings and stock holdings into cryptocurrencies.<\/p>\n\n\n\n![\"Bitcoin-crash-crypto-market\"](\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/chart-6716410_1920-1024x683.jpg\")
<\/figure><\/div>\n\n\n\nThe investments were fruitful, but he didn\u2019t disclose the amount he owns. He\u2019s also one of the founders of Augur (REP),<\/strong> one of the largest prediction markets<\/a> on the blockchain. As a curiosity, we can say that Augur was the first-ever<\/a> Initial Coin Offering (ICO<\/a>) launched on Ethereum \u2014and it was a success. It raised $5.2 million for the development of the platform, and 16% of the native tokens went to the founding team.<\/p>\n\n\n\nSince then, Jeremy has also founded the Blockchain Education Network (BEN) and the \u201cCrypto Castle\u201d, a hub designed for crypto entrepreneurs in San Francisco. And just like he said<\/a>:<\/p>\n\n\n\n\u201cWe’ve been told that it’s going to die so many times. And yet here it is, stronger than ever. I think there’s a certain sense of vindication if you were investing in this technology and people were calling you stupid for a long time. We’ve gone from a point where the success of blockchain was unlikely or infinitesimally small and is now guaranteed.\u201d<\/p><\/blockquote>\n\n\n\n
Stop there: not only crypto millionaires<\/strong><\/h2>\n\n\n\nThere are a lot more success stories around Bitcoin and cryptocurrencies. Maybe with more modest earnings, from a couple to thousands of dollars. These profits could come from the early adoption of a promising altcoin<\/strong>, from t\u011b\u017eba likvidity<\/a> or arbitrage in a Decentralized Finance (DeFi<\/a>) platform, from some activity inside the Metaverse<\/a>, and even from the creation or trading of Non-Fungible Tokens (NFT<\/a>).<\/p>\n\n\n\n![\"Use-cases-NFTs-Metaverse\"](\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/woman-6882918_1920-1024x569.jpg\")
<\/figure><\/div>\n\n\n\nHowever, we must always consider that this is a highly risky market. Current crypto millionaires not only had some luck: they did their own research (DYOR) before investing. Besides, commonly (let\u2019s not make a \u201cDan Conway\u201d here), they didn\u2019t bet what they weren\u2019t capable to lose. If you do this, you can end up \u201cOver the Edge<\/a>\u201d or like the disappointed Terra investors<\/a> recently.<\/p>\n\n\n\nBe careful! And please enjoy (and don\u2019t suffer) your trading.<\/p>\n\n\n\n
\n\n\n\nWanna trade BTC, ETH,\u00a0and other tokens? You can do it<\/em>\u00a0bezpe\u010dn\u011b\u00a0<\/em>na Alfacash<\/em><\/a>! A nezapome\u0148te, \u017ee mluv\u00edme o tomto a mnoha dal\u0161\u00edch v\u011bcech na na\u0161ich soci\u00e1ln\u00edch m\u00e9di\u00edch.
<\/em>Telegram<\/a>\u00a0*\u00a0Instagram<\/a>\u00a0*\u00a0Youtube<\/a>\u00a0*Facebook<\/a>\u00a0\u00a0*Cvrlik\u00e1n\u00ed<\/a><\/p>","protected":false},"excerpt":{"rendered":"Despite the bearish market, we still have some success stories and a bunch of crypto millionaires. Let\u2019s discover them!<\/p>","protected":false},"author":5,"featured_media":9752,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[479],"tags":[88,43,107,101,198],"class_list":{"0":"post-9743","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-alfacash-category-stories-discussions","8":"tag-altcoins","9":"tag-bitcoin","10":"tag-ethereum","11":"tag-investment","12":"tag-story"},"featured_image_src":"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg","author_info":{"display_name":"Isabel P\u00e9rez","author_link":"https:\/\/alfacash.blog\/cs\/author\/isabel\/"},"yoast_head":"\n
5 Success stories by crypto millionaires (or getting rich from scratch)<\/title>\n<meta name=\"description\" content=\"Despite the bearish market, we still have some success stories and a bunch of crypto millionaires. Let\u2019s discover them!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alfacash.blog\/cs\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/\" \/>\n<meta property=\"og:locale\" content=\"cs_CZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Success stories by crypto millionaires (or getting rich from scratch)\" \/>\n<meta property=\"og:description\" content=\"Despite the bearish market, we still have some success stories and a bunch of crypto millionaires. Let\u2019s discover them!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/alfacash.blog\/cs\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/\" \/>\n<meta property=\"og:site_name\" content=\"alfa.cash blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/alfacashstore\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-29T20:50:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-19T18:50:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2123\" \/>\n\t<meta property=\"og:image:height\" content=\"1120\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Isabel P\u00e9rez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AlfacashStore\" \/>\n<meta name=\"twitter:site\" content=\"@AlfacashStore\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/\"},\"author\":{\"name\":\"Isabel P\u00e9rez\",\"@id\":\"https:\/\/alfacash.blog\/#\/schema\/person\/0c5d337f38e41e7ad754d6752d517749\"},\"headline\":\"5 Success stories by crypto millionaires (or getting rich from scratch)\",\"datePublished\":\"2022-05-29T20:50:00+00:00\",\"dateModified\":\"2024-02-19T18:50:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/\"},\"wordCount\":1260,\"publisher\":{\"@id\":\"https:\/\/alfacash.blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg\",\"keywords\":[\"Altcoins\",\"bitcoin\",\"Ethereum\",\"Investment\",\"Story\"],\"articleSection\":[\"Stories and Discussions\"],\"inLanguage\":\"cs\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/\",\"url\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/\",\"name\":\"5 Success stories by crypto millionaires (or getting rich from scratch)\",\"isPartOf\":{\"@id\":\"https:\/\/alfacash.blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg\",\"datePublished\":\"2022-05-29T20:50:00+00:00\",\"dateModified\":\"2024-02-19T18:50:42+00:00\",\"description\":\"Despite the bearish market, we still have some success stories and a bunch of crypto millionaires. Let\u2019s discover them!\",\"breadcrumb\":{\"@id\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#breadcrumb\"},\"inLanguage\":\"cs\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"cs\",\"@id\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#primaryimage\",\"url\":\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg\",\"contentUrl\":\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg\",\"width\":2123,\"height\":1120,\"caption\":\"Success-stories-crypto-millionaires\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/alfacash.blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"5 Success stories by crypto millionaires (or getting rich from scratch)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/alfacash.blog\/#website\",\"url\":\"https:\/\/alfacash.blog\/\",\"name\":\"Alfacash Blog\",\"description\":\"Alfacash blog is about Crypto, Bitcoin, Ethereum, DeFi\",\"publisher\":{\"@id\":\"https:\/\/alfacash.blog\/#organization\"},\"alternateName\":\"alfacash.blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/alfacash.blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"cs\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/alfacash.blog\/#organization\",\"name\":\"Alfacash Blog\",\"alternateName\":\"alfacash.blog\",\"url\":\"https:\/\/alfacash.blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"cs\",\"@id\":\"https:\/\/alfacash.blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/alfacash.blog\/wp-content\/uploads\/2024\/02\/Transparent.svg\",\"contentUrl\":\"https:\/\/alfacash.blog\/wp-content\/uploads\/2024\/02\/Transparent.svg\",\"width\":696,\"height\":696,\"caption\":\"Alfacash Blog\"},\"image\":{\"@id\":\"https:\/\/alfacash.blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/alfacashstore\",\"https:\/\/x.com\/AlfacashStore\",\"https:\/\/t.me\/AlfacashCommunity\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/alfacash.blog\/#\/schema\/person\/0c5d337f38e41e7ad754d6752d517749\",\"name\":\"Isabel P\u00e9rez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"cs\",\"@id\":\"https:\/\/alfacash.blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/43373ef58d2993ad0d7e7ca541859e533849fec2c4ad5f7a028689d120be1af8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/43373ef58d2993ad0d7e7ca541859e533849fec2c4ad5f7a028689d120be1af8?s=96&d=mm&r=g\",\"caption\":\"Isabel P\u00e9rez\"},\"description\":\"I'm a literature professional in the crypto world since 2016. It doesn't sound very compatible, but I've been learning and teaching about blockchain and cryptos for international portals since then. After hundreds of articles and diverse content about the topic, now you can find me here on Alfacash, working for more decentralization.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/isabel-prez-6b3786137\/\"],\"url\":\"https:\/\/alfacash.blog\/cs\/author\/isabel\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"5 Success stories by crypto millionaires (or getting rich from scratch)","description":"Despite the bearish market, we still have some success stories and a bunch of crypto millionaires. Let\u2019s discover them!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/alfacash.blog\/cs\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/","og_locale":"cs_CZ","og_type":"article","og_title":"5 Success stories by crypto millionaires (or getting rich from scratch)","og_description":"Despite the bearish market, we still have some success stories and a bunch of crypto millionaires. Let\u2019s discover them!","og_url":"https:\/\/alfacash.blog\/cs\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/","og_site_name":"alfa.cash blog","article_publisher":"https:\/\/www.facebook.com\/alfacashstore","article_published_time":"2022-05-29T20:50:00+00:00","article_modified_time":"2024-02-19T18:50:42+00:00","og_image":[{"width":2123,"height":1120,"url":"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg","type":"image\/jpeg"}],"author":"Isabel P\u00e9rez","twitter_card":"summary_large_image","twitter_creator":"@AlfacashStore","twitter_site":"@AlfacashStore","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#article","isPartOf":{"@id":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/"},"author":{"name":"Isabel P\u00e9rez","@id":"https:\/\/alfacash.blog\/#\/schema\/person\/0c5d337f38e41e7ad754d6752d517749"},"headline":"5 Success stories by crypto millionaires (or getting rich from scratch)","datePublished":"2022-05-29T20:50:00+00:00","dateModified":"2024-02-19T18:50:42+00:00","mainEntityOfPage":{"@id":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/"},"wordCount":1260,"publisher":{"@id":"https:\/\/alfacash.blog\/#organization"},"image":{"@id":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#primaryimage"},"thumbnailUrl":"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg","keywords":["Altcoins","bitcoin","Ethereum","Investment","Story"],"articleSection":["Stories and Discussions"],"inLanguage":"cs"},{"@type":"WebPage","@id":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/","url":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/","name":"5 Success stories by crypto millionaires (or getting rich from scratch)","isPartOf":{"@id":"https:\/\/alfacash.blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#primaryimage"},"image":{"@id":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#primaryimage"},"thumbnailUrl":"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg","datePublished":"2022-05-29T20:50:00+00:00","dateModified":"2024-02-19T18:50:42+00:00","description":"Despite the bearish market, we still have some success stories and a bunch of crypto millionaires. Let\u2019s discover them!","breadcrumb":{"@id":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#breadcrumb"},"inLanguage":"cs","potentialAction":[{"@type":"ReadAction","target":["https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/"]}]},{"@type":"ImageObject","inLanguage":"cs","@id":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#primaryimage","url":"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg","contentUrl":"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg","width":2123,"height":1120,"caption":"Success-stories-crypto-millionaires"},{"@type":"BreadcrumbList","@id":"https:\/\/alfacash.blog\/2022\/05\/29\/success-stories-crypto-millionaires-getting-rich-from-scratch\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/alfacash.blog\/"},{"@type":"ListItem","position":2,"name":"5 Success stories by crypto millionaires (or getting rich from scratch)"}]},{"@type":"WebSite","@id":"https:\/\/alfacash.blog\/#website","url":"https:\/\/alfacash.blog\/","name":"Alfacash Blog","description":"Alfacash blog is about Crypto, Bitcoin, Ethereum, DeFi","publisher":{"@id":"https:\/\/alfacash.blog\/#organization"},"alternateName":"alfacash.blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/alfacash.blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"cs"},{"@type":"Organization","@id":"https:\/\/alfacash.blog\/#organization","name":"Alfacash Blog","alternateName":"alfacash.blog","url":"https:\/\/alfacash.blog\/","logo":{"@type":"ImageObject","inLanguage":"cs","@id":"https:\/\/alfacash.blog\/#\/schema\/logo\/image\/","url":"https:\/\/alfacash.blog\/wp-content\/uploads\/2024\/02\/Transparent.svg","contentUrl":"https:\/\/alfacash.blog\/wp-content\/uploads\/2024\/02\/Transparent.svg","width":696,"height":696,"caption":"Alfacash Blog"},"image":{"@id":"https:\/\/alfacash.blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/alfacashstore","https:\/\/x.com\/AlfacashStore","https:\/\/t.me\/AlfacashCommunity"]},{"@type":"Person","@id":"https:\/\/alfacash.blog\/#\/schema\/person\/0c5d337f38e41e7ad754d6752d517749","name":"Isabel P\u00e9rez","image":{"@type":"ImageObject","inLanguage":"cs","@id":"https:\/\/alfacash.blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/43373ef58d2993ad0d7e7ca541859e533849fec2c4ad5f7a028689d120be1af8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/43373ef58d2993ad0d7e7ca541859e533849fec2c4ad5f7a028689d120be1af8?s=96&d=mm&r=g","caption":"Isabel P\u00e9rez"},"description":"I'm a literature professional in the crypto world since 2016. It doesn't sound very compatible, but I've been learning and teaching about blockchain and cryptos for international portals since then. After hundreds of articles and diverse content about the topic, now you can find me here on Alfacash, working for more decentralization.","sameAs":["https:\/\/www.linkedin.com\/in\/isabel-prez-6b3786137\/"],"url":"https:\/\/alfacash.blog\/cs\/author\/isabel\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/posts\/9743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/comments?post=9743"}],"version-history":[{"count":4,"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/posts\/9743\/revisions"}],"predecessor-version":[{"id":10042,"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/posts\/9743\/revisions\/10042"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/media\/9752"}],"wp:attachment":[{"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/media?parent=9743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/categories?post=9743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alfacash.blog\/cs\/wp-json\/wp\/v2\/tags?post=9743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Two years passed, and Bitcoin hit $1,200 per coin. Finman made over $100,000 with his past investment. <\/strong>V roce 2014 he used<\/a> the money to create an educational startup. He moved to Silicon Valley (USA) and made a deal with his parents: if he could earn a million dollars by the age of 18, he wouldn\u2019t go to college.<\/p>\n\n\n\n By 2015, he sold his startup for 300 BTC. He\u2019s been involved in several businesses since then, but he sure kept his promise and didn\u2019t go to college. If he just waited for the 2017 boom, s Bitcoin<\/a> at $17,000 per coin, then those 300 BTC became around $5.1 million. New crypto millionaire there!<\/p>\n\n\n\n Imagine it: after years of being lost, you finally find an old hard drive with hundreds of bitcoins. It\u2019s better than winning the lottery. That\u2019s the tale of an anonymous Redditor in 2021. They shared the discovery on Reddit, with the title \u201cI found the private keys to my 127 Bitcoins I lost 8-9 years ago. I\u2019m at a loss for words\u201d.<\/strong><\/p>\n\n\n\n Podle their story<\/a>, the Redditor was very young when he got the soon-to-be treasure. They participated in surveys and faucets<\/a> to earn a few coins. They planned to use them to play an online game \u2014that accepted bitcoins, but they didn\u2019t have the chance. Their old PC crashed, and the coins were left there, dormant, and almost forgotten.<\/p>\n\n\n\n Years later, he came back to that old PC and tried to recover the data. Surprisingly, 127 BTC were still there, waiting for him. He cashed out and made over $4 million, at $33k per coin. Sadly, they didn\u2019t wait for the ATH<\/a> in November.<\/p>\n\n\n\n We don\u2019t know much about the crypto millionaire dubbed \u201cPine\u201d or his whole net worth. However, we do know that they\u2019re an early (and shy) Miner Bitcoin<\/a>, who got filthy rich over the years thanks to that. The reason why Pine is famous now is for the \u201cPineapple Fund\u201d:<\/strong> a massive Bitcoin donation to several charities worldwide, back in 2017<\/strong>. <\/p>\n\n\n\n As they described:<\/p>\n\n\n\n \u201cWhat do you do when you have more money than you can ever possibly spend? Donating most of it to charity is what I’m doing. For reference, The Pineapple Fund is bigger than the entire market cap of bitcoin when I got in, and one of the richest 250 bitcoin addresses today.\u201d<\/p><\/blockquote>\n\n\n\n As a result, the Pineapple Fund<\/a> gave away around $55 million in BTCs to 60 charities<\/a>. These include organizations like The Water Project, Internet Archive, BitGive, GiveDirectly, Open Medicine Foundation, Institute for Justice, Green Steps, and MAPS (Multidisciplinary Association for Psychedelic Studies). Thanks for that, Pine.<\/p>\n\n\n\n Crypto millionaires didn\u2019t get rich only with bitcoins. Indeed, it\u2019s usual that most of them have a healthy and diversified portfolio<\/a> \u2014of course, including Ethereum. Dan Conway took that to the next level, though. He\u2019s the typical case of \u201cplease, don\u2019t try this at home\u201d. Basically, Dan bet all his life savings and the familiar house on Ethereum in 2016.<\/strong><\/p>\n\n\n\n \u201cI was a middle-aged guy with a family who had never been on the cutting edge of anything. But I was about to bet everything I had on an unproven virtual currency called Ethereum. This could only end two ways: I\u2019d lose everything I owned, or make a fortune.\u201d<\/p><\/blockquote>\n\n\n\n To his credit, Dan made detailed research before investing \u2014and even became obsessed with Ethereum<\/a>. He put $300,000 in ETH, and it didn\u2019t always go well. He experienced<\/a> losses at some point but just waited until the end of 2017. Then, he cashed out around $13 million. He went to travel with his family and published a book about his experience: \u201cConfessions of a Crypto Millionaire: My Unlikely Escape from Corporate America.\u201d<\/p>\n\n\n\n Gardner is widely known as a self-made millionaire thanks to Bitcoin. Just like other crypto millionaires around, he was early in the game. Back in 2013, he started his investments for curiosity, but it didn\u2019t last much that way. He was amazed by the idea of decentralization<\/a>, where no intermediaries are needed to send and receive money. Very soon, he turned most of his savings and stock holdings into cryptocurrencies.<\/p>\n\n\n\n The investments were fruitful, but he didn\u2019t disclose the amount he owns. He\u2019s also one of the founders of Augur (REP),<\/strong> one of the largest prediction markets<\/a> on the blockchain. As a curiosity, we can say that Augur was the first-ever<\/a> Initial Coin Offering (ICO<\/a>) launched on Ethereum \u2014and it was a success. It raised $5.2 million for the development of the platform, and 16% of the native tokens went to the founding team.<\/p>\n\n\n\n Since then, Jeremy has also founded the Blockchain Education Network (BEN) and the \u201cCrypto Castle\u201d, a hub designed for crypto entrepreneurs in San Francisco. And just like he said<\/a>:<\/p>\n\n\n\n \u201cWe’ve been told that it’s going to die so many times. And yet here it is, stronger than ever. I think there’s a certain sense of vindication if you were investing in this technology and people were calling you stupid for a long time. We’ve gone from a point where the success of blockchain was unlikely or infinitesimally small and is now guaranteed.\u201d<\/p><\/blockquote>\n\n\n\n There are a lot more success stories around Bitcoin and cryptocurrencies. Maybe with more modest earnings, from a couple to thousands of dollars. These profits could come from the early adoption of a promising altcoin<\/strong>, from t\u011b\u017eba likvidity<\/a> or arbitrage in a Decentralized Finance (DeFi<\/a>) platform, from some activity inside the Metaverse<\/a>, and even from the creation or trading of Non-Fungible Tokens (NFT<\/a>).<\/p>\n\n\n\n However, we must always consider that this is a highly risky market. Current crypto millionaires not only had some luck: they did their own research (DYOR) before investing. Besides, commonly (let\u2019s not make a \u201cDan Conway\u201d here), they didn\u2019t bet what they weren\u2019t capable to lose. If you do this, you can end up \u201cOver the Edge<\/a>\u201d or like the disappointed Terra investors<\/a> recently.<\/p>\n\n\n\n Be careful! And please enjoy (and don\u2019t suffer) your trading.<\/p>\n\n\n\n Wanna trade BTC, ETH,\u00a0and other tokens? You can do it<\/em>\u00a0bezpe\u010dn\u011b\u00a0<\/em>na Alfacash<\/em><\/a>! A nezapome\u0148te, \u017ee mluv\u00edme o tomto a mnoha dal\u0161\u00edch v\u011bcech na na\u0161ich soci\u00e1ln\u00edch m\u00e9di\u00edch. Despite the bearish market, we still have some success stories and a bunch of crypto millionaires. Let\u2019s discover them!<\/p>","protected":false},"author":5,"featured_media":9752,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[479],"tags":[88,43,107,101,198],"class_list":{"0":"post-9743","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-alfacash-category-stories-discussions","8":"tag-altcoins","9":"tag-bitcoin","10":"tag-ethereum","11":"tag-investment","12":"tag-story"},"featured_image_src":"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/05\/03-blog.jpg","author_info":{"display_name":"Isabel P\u00e9rez","author_link":"https:\/\/alfacash.blog\/cs\/author\/isabel\/"},"yoast_head":"\nA Redditor and an old PC<\/strong><\/h2>\n\n\n\n
<\/figure><\/div>\n\n\n\nThe Pineapple Fund<\/strong><\/h2>\n\n\n\n
Dan Conway and Ethereum<\/strong><\/h2>\n\n\n\n
Jeremy Gardner and Augur<\/strong><\/h2>\n\n\n\n
<\/figure><\/div>\n\n\n\nStop there: not only crypto millionaires<\/strong><\/h2>\n\n\n\n
<\/figure><\/div>\n\n\n\n
\n\n\n\n
<\/em>Telegram<\/a>\u00a0*\u00a0Instagram<\/a>\u00a0*\u00a0Youtube<\/a>\u00a0*Facebook<\/a>\u00a0\u00a0*Cvrlik\u00e1n\u00ed<\/a><\/p>","protected":false},"excerpt":{"rendered":"