When You Think Your Having a Bad Day
In 2017, on Valentine's day, this young man decided to treat himself to a 1995 Honda Targa NSX, a scarce vehicle. He asked the seller if he would accept Bitcoin payment when BTC had a value of $1,000 a coin. The seller accepted the offer of 30.5 BTC for the 1995 HondaNSX Targa.
Today at the current rates, the crypto would be worth just over $1.6 million USDT. This guy's luck did not end there; he also decides to buy another vintage Honda Vehicle for 6.5 BTC when the coin had a value of $4,300 per coin. Bring the total cost at today's rate to $333,000 for the purchase of the second Honda.
Total Money spent on 2 Vehicles
So when you are having a bad day, think about this guy who bought two Hondas for just over $1,933,300.00 USDT. Trust me, and he is not the first to make this mistake with BTC.
The bottom line is to be patient with your progress here at WA; it all takes time for you to start generating an income from your website. Education will provide you with all you need to understand to become confident with all aspects of life.
Regards,
Joseph
Recent Comments
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It is very true that learning is a key fundamental way of understanding and enhancing your knowledge regardless of what you are doing.
I love the "I spent my Bitcoin when it was worth only...." stories.
I have a co-worker who thought about buying 10 coins way, way back when they were just $60 each. His "friend" was a financial advisor who told him not to waste his money.
Now Bitcoin is over $40k again, still going up.
They aren't friends anymore.
Hi Jeannine,
Yes, so many stories about how I should have bought the coins. I know my son had several, but like many, he sold them will too early.
BTC at the moment is at $52,200 USDT or $66,294 CDN crazy,
I had many buddies of mine back then telling me to buy some, but I never listened to them, but we are still friends, just in different tax brackets now.
Haha, different tax brackets - classic!
One company bought $5MM in bitcoin this morning. Now it's up to $55k.
REN anyone?
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Incredible, need I say that again, incredible, I will be pretty upset if I were in the buyer's shoes, but for sure what luck. Thanks for sharing, Joe, we learn from so many things in life.
It upset me just thinking about it why I never pay for anything with my crypto. But sometimes you do win, not often.