Just like the way you pay in your local currency in exchange for goods and services, Bitcoin is a digital asset that is used as a system for payment. Take George Floyd's case, for instance, assuming the local store where the purchase was made that led to the allegations of paying with counterfeit currency, and his death had accepted Bitcoin, he would have paid via Bitcoin and he would still be alive. 

The total market capitalization of Bitcoin is estimated to be around billions of dollars according to information on exchange websites. Bitcoin is considered as the leading cryptocurrency and is by far the most successful when it comes to the ranking by market capitalization. 

Let's say, for instance, you invested money in Bitcoin when it was first created around 2009, you will have no idea that it would make you a billionaire in some years to come. 

Like a good investment that delivers maximum profits, Bitcoin has made most of its earliest investors and influencers present-day millionaires and billionaires.

Due to the risky nature of the digital asset, most people decided not to venture into Bitcoin trading because they felt it was not going to have a good future, but alas!, It has rewarded most of its early investors. 

Bitcoin Profit Stories You Should Know About

Below is a shortlist of some of the early investors of Bitcoin and their profit stories. 

Changpeng Zhao (CZ) 

Twitter: @cz_binance

This list wouldn't be complete if the journey of one of the most notable person when it comes to Bitcoin and the crypto space isn't added. Changpeng Zhao (CZ) is one name that would never fade away in a jiffy after the hoodie brandishing individual went from nothing to become the CEO of a multi-million dollar crypto exchange company, Binance. CZ as he is fondly called, sold his house and valuables in 2014 to venture into the Bitcoin space. He doesn't own any car or other valuables as his only weakness is mobile phones of which he owns three. 

He worked as a developer in a stock broking company after he finished college. He heard about Bitcoin for the first time in his life in 2012 and 2014. He worked in many crypto firms and held different offices but worked at Okcoin as their Chief Technology officer before going on to launch Binance. He launched Binance in 2017 and at present Binance boasts of a trading market volume of about $1 billion and have their own crypto, BNB.

Justin Sun

Twitter: @justinsuntron

Imagine that as of 2012, you knew about Bitcoin and what it would turn out to be in this present day, you might have considered investing at that time. That is the story of Tron CEO, Justin Tron, who decided to put his tuition money on Bitcoin when he was at Peking University. Sun waited patiently, and when Bitcoin witnessed a massive price surge, he decided to cash out his funds. He set up a budding app known as Peiwo, which boasts of millions of Chinese users as clients. The money he got from Bitcoin and the app, he infused them into starting Tron, Blockchain-based decentralized operating system. As per coinmarketcap, Tron (TRX) is the 17th largest cryptocurrency with a current market capitalization of $1,063,641,494. 

Erik Finman

Twitter: @erikfinman

Erik Finman was around 15 years old and in high school when he heard Bitcoin for the first time in 2012 and decided to try his luck on the asset. His Grandma gifted him $1,000 during an Easter celebration and Erik decided to buy Bitcoin with all the money he received. A year later, Erik Finman saw his investment make a massive surge to post a $100,000 profit after he sold all his Bitcoins. Erik decided to launch a website (Botangle) that specializes in video tutoring services and all his employees are paid using Bitcoin.

Brian Armstrong

Twitter: @brian_armstrong

In every class in grade school or high school, there is that one kid that shows a knack for trades, which usually sends them to the principals. Brian Armstrong is that one kid that had a flair for investments at an early age. His candy reselling ventures was reported to have landed him in the principal's office several times. After stints as a computer parts reseller, he discovered Bitcoin after he read about it in a newspaper. Being a business-minded individual, he bought $1000 worth of Bitcoin at $9 per coin. Armstrong noted that he was left surprised after bitcoin saw its price move to $2 per coin, but he still kept faith that it was going to have a good future. Brian Armstrong is now the CEO and founder of Coinbase, one of the leading crypto exchange firms in the world.

Edward Skupien

Edward Skupien had just one dream, to own a fancy car, so when a friend asked about Bitcoin in a Facebook post some years ago, he decided to start buying little fragments. He bought about 80 Bitcoins when the price was still between $500 - $800 and when he saw an opportunity to buy a used Audi A8L, he sold off his assets. The deal later fell through as Edward couldn't agree on a price with the owner of the car so he leased a much cheaper car. He put the remaining $50,000 he had into Bitcoin. The total amount of Bitcoin he got with the $50,000 was 60 because the price has risen to $900. Edward can boast of about millions in today's worth of Bitcoin.

Jeremy Gardner

Jeremy Gardner is one of the earlier investors who made his millions via investments in Bitcoin when it first came into public notice. He began his research into the Bitcoin space as early as 2012 and by 2014, Jeremy notes that he was convinced that Bitcoin was here to stay. Jeremy noted that he begged his friends to sell their Bitcoins to him and after he accumulated more than enough, he was at a loss on what to do with it. His net worth has increased significantly over the years after he made spans of investments across the crypto world. After dropping out of college twice, Jeremy is a self-made millionaire via Bitcoin.

Eddy Zillan

Twitter: @Eddyzillan

After collecting a gift of $5,000 from his parents in 2012, Eddy Zillan decided to dabble into cryptocurrencies instead of the bar mitzvah. Eddy worked tirelessly during the summer and accumulated $7,000 which brought the total value of his investment to $12,000. As at Bitcoins worth today, Eddy's investment is now worth more than $500,000 and has brought a return of around 4000% of the initial investment he made. Eddy is now 18 and hopes to get into college to tidy dentistry but has a plan b after he set up a video tutorial website that teaches people how to invest in Bitcoin.

Mr. Smith - The Wanderlust

Looks like Mr.Smith is a big fan of Satoshi as he told Forbes to change his name and hide his face for the interview. According to his interview, Mr. Smith said he came to know about Bitcoin when the value of the asset rose by 10% in five days after a colleague told him about it in 2008. Mr. Smith noted that at first, he was scared because he realized that if the price could rise that much in just five days, then it could go down drastically as well. He summoned up courage and invested $3,000 in the digital asset after watching the asset closely for a few months. Mr. Smith said he forgot about the investment until he discovered that the asset had made a rapid rise and was on most people's lips. He has sold some part of his Bitcoin and that has made him a millionaire and is now chasing his dreams by traveling around the world.

In conclusion, cryptocurrencies are no longer the asset that it was some years ago as it is promising to give more positive results as a result of expert opinions. Even though trading is riskier and the majority of the population are still skeptical of adopting the digital asset as a result of volatility. Bitcoin has been predicted to move to around the $28,000 region in the coming weeks and this opens more possibility of massive profits to people who are willing to trade.

Did you like the Bitcoin profit stories of these influencers and leaders? Let us know whose story you would like to read about. 

And also share with us your bitcoin profit story.! 

Image credit - Flickr & Pixabay