What INTERESTING NEWS Earning 290 million dollars with an investment of 27 dollars is easy
You just need to be Christopher Koch
A man who made a fortune investing in BTC
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Norwegian student Christopher Koch learned about bitcoin while working on his thesis on encryption.
To gain practical knowledge, he bought around $27 worth of BTC.
It was 2009.
Bitcoin wasn't even mentioned until 2008, as a reaction to the global financial crisis.
The money Koch spent was enough for 5,000 chips.
Christoph told his girlfriend about buying bitcoins, but she was not enthusiastic and gave him a hard time, thinking it was a waste of money.
"She thought I was wasting money on nonsense," the Norwegian recalls.
After the successful defense of the thesis, real life began with the job search and household chores.
Bitcoin was not profitable and Koch forgot about the purchase and moved on with his life.
At the exchange rate, the value of 5,000 bitcoins was 5 million crowns or $885,000.
Koch, after completing his doctoral studies, did not sell everything at once and retained his millionaire status.
Koch withdrew 1.1 million crowns for the apartment and left the rest of the estate in operation.
He checked the account daily and watched it grow by 50,000 crowns.
Every day I logged into the online bank and saw that the account had grown. More 50,000 crowns, more 50,000 crowns again", — laughs the Norwegian.
"Never in my wildest dreams would I have imagined they would fly like this."
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