In 2012, he thought he had lost $2,000, but now he has recovered $4.5 million
CoinDesk reported: A British investor bought about $2,000 worth of $BTC in 2012 and thought the private key was gone. More than ten years later, he found it again, and at current prices it is worth about $4.5 million.
The story is nice, but the lesson is harder: seed phrases and backups matter more than any market trend. In a bull market, people discuss the next 100x every day, but what can actually be cashed out is often the string of words they didn’t throw away back then.
CoinDesk reported: A British investor bought about $2,000 worth of $BTC in 2012 and thought the private key was gone. More than ten years later, he found it again, and at current prices it is worth about $4.5 million.
The story is nice, but the lesson is harder: seed phrases and backups matter more than any market trend. In a bull market, people discuss the next 100x every day, but what can actually be cashed out is often the string of words they didn’t throw away back then.
