A man from Melbourne has recently made headlines after investing $2,000 in Ethereum and discovering a return of over $1 mln.
After doing a bit of research, the fitness instructor purchased Ethereum four years ago with some money he had saved, buying more than 5,000 ETH with the $2,000. He was intrigued by cryptocurrencies and bought it before he left for his backpacking trip around 2013.
However, as with most 21-year-olds, Jordan Travers forgot about the money he’d invested until Ethereum started making headlines around the world. He logged into his wallet to discover that he was suddenly quite a bit better off than he had thought, with a sum over $1 mln.
The young man says he will invest some of his profits into starting a business and plans to travel a bit as well.
My thoughts :
The high volatility of cryptocurrencies will continue to make unlikely millionaires. I believe other altcoin will continue to provide such opportunity. Do always update yourself with latest information regarding a coin and invest wisely. Our ride to the moon guys!