Becoming a millionaire is the dream of everyone but path to achieve and enjoy prosperity is not easy for general public. However, Options are innovated for those wealth seekers who are in the quest to find a shortcut. Bitcoins Investment may have a strange option for many, but there are some lucky people who already crossed the millionaire threshold.
Yifu Guo: A Bitcoin Tycoon
Yifu Guo is the Bitcoin Tycoon and is considered a business tycoon in bitcoin domain. He started his bitcoin mining when he was the student of New York University. But soon he realized the overwhelming potential of this blue-chip type cryptocurrency and left his Academy to start his BTC Company that is known as Avalon. At that time Guo preferred to follow passive tactics for his business and surprisingly he seems to continue it. He told that our corporate goal to ensure Bitcoin network worth and its reliability so that this crypto-currency option could be used as a long-term investment options. Avalon was founded to sell the Bitcoin mining hardware.
Tony Gallippi got BTC advantage
Gaining the BTC advantage, the role of payment processor is inevitable, and Tony Gallippi knew about the hidden potential of that option. He co-founded his pay processor company in the early 20s to provide easy to use processing option for online business. The goal of his business to facilitate bitcoin transactions as a mode of payment. However, as a keen investor, he followed risk diversification approach and instead to rely on BitCoin he included bonds, stocks as well as the real state in his portfolio. Tony unveiled that in the investment world. Price appreciation is the catalyst that provokes clients and investors to take actions about the business and Tony used those tactics with the blend of others to grow his business and customer base resulting appreciation in BitPay’s holdings.
Another story about BTC
Another amazing story is related with CEO of Tradehill, according to him, “I’ve got a friend who forgot he had his computer mining Bitcoins in his garage—he checked and its worth about $12 million today”. But, one should be highly cautious about that crypto option because BTC is still considered as unregulated crypto currency and slight negligence may lead you lawsuits under the domain of money laundering. Another, critics on BTC is that it is the demanding option for underworld gurus and BTC’s irregularity may lead to support illegal trades and drug smugglings, etc. So, here is the dire need to use only those BTC options that are preapproved as legal so that your BTC investment could not only be secured but can produce high yields.
Astonishing aspect of crypto currency
But the astonishing aspect of crypto currency is that despite all its cons, it is still in booming phase and continue to touch upward trends. Benjamin Lawsky, who belongs to New York Finance Department, expressed that there is a dire need to tame that “Wild West” industry that has the big chance to be the part of the global investment world.
To be precise, going to BTC world to be a BTC millionaire is already approved by some keen people but going blindly and hoping for cornucopia may lead to catastrophe; hence, proper planning with due diligence in inevitable.