Photo: Coin Telegraph
Many late adopters of Bitcoin often lament the fact they missed out on the chance to purchase coins when the price was under $1,000, $100, or even $1. However, one Redditor says his own situation is even worse as he’s forced to compare his “dumb” decision to invest in silver against his twin brother’s much wiser decision to back Bitcoin.
The story — which may be apocryphal given the source is a throwaway account named “TheDumbTwin” — claims the two brothers each received a $100,000 inheritance in 2013 but took drastically different financial paths.
“I’ve been a silver bug, and I argued that silver was, IMO, the best alternative investment to stocks and bonds,” said the Redditor.
TheDumbTwin claimed that despite his protests, his brother invested roughly $50,000 in Bitcoin (BTC) when the price was $100 (the crypto asset stayed below $200 until late October 2013) meaning he may have purchased around 500 BTC.
With Bitcoin recently topping the 2017 (former) all0-time high, the coins would be worth roughly $9.6 million today.
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