CTO #Ripple The Biggest Mistake: Selling 40,000 ETH for Just 1 USD

#davidschwartz , the Chief Technology Officer (CTO) of Ripple, just shared about the investment decision he regrets the most: selling 40,000 ETH for just about 1 USD each. Notably, this amount of ETH later reached a value of up to 100 million USD.

Schwartz bought this $ETH during the pre-ICO phase when Vitalik Buterin was rallying support for Ethereum. At that time, he used 20 $BTC to exchange for 40,000 ETH. However, instead of holding it long-term, he sold all the ETH to equip a solar power system for a house – an asset that he currently no longer owns.

A decision that seemed reasonable at the time, but has become a story of regret in the crypto investment community. 🚀