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This young tech guy turned $27 into a massive fortune by buying Bitcoin for educational purposes
Back then in 2009 Bitcoin was worth pennies
To be exact $0.0054 for one Bitcoin
Kristoffer Koch bought 5,000 Bitcoins after coming across Crypto while he was researching and studying encryption
At the time of buying, he didn’t expect much, it was just a purchase based on his research
He was just someone who liked buying random tech things he never really used, even though his girlfriend thought it was a waste of money
After buying, he pretty much forgot they even existed and years passed
In 2013, Bitcoin started appearing all over the news as prices began to explode.
That’s when he suddenly remembered the purchase and thought, “Didn’t I buy something like that?”
He dug through old files, tried to remember the password to his wallet, and managed to log in
That forgotten $27 was now worth $886,000 (2013) from which he sold a big portion and used it to buy a luxury apartment in Oslo
If he had held all 5,000 BTC until today, they would be worth around $438 million