Early Bitcoin Buyers Unlikely To Be Rich Today, Says Trader

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The odds of an early Bitcoin investor buying the cryptocurrency when it was worth only a few cents and keeping those holdings until today to become a billionaire are extremely low, a crypto trader said.

The trader, known as Techdev, shot down the notion that many traders could’ve held onto Bitcoin (BTC) from its early days in an X post on Tuesday, which has been viewed almost 3.5 million times on the platform.

Most people wouldn’t have the conviction to hold

“‘If I put $100 into Bitcoin in 2010, I’d have $2.8 billion now.’ No,” Techdev wrote.

The post listed Bitcoin’s brutal corrections over the past 15 years, saying that only someone with extreme conviction could have held on to a Bitcoin investment while watching it rise from $1.7 million, only to then fall to $170,000, to then gain $110 million, only to see it crash again to $18 million.

Although the argument has been made before, Techdev’s post triggered reactions…

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