{"id":124980,"date":"2020-12-03T02:29:17","date_gmt":"2020-12-02T23:29:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/the-road-not-taken-jealous-brother-claims-twin-earned-10m-in-bitcoin\/"},"modified":"2020-12-03T02:29:17","modified_gmt":"2020-12-02T23:29:17","slug":"the-road-not-taken-jealous-brother-claims-twin-earned-10m-in-bitcoin","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/the-road-not-taken-jealous-brother-claims-twin-earned-10m-in-bitcoin\/","title":{"rendered":"# The road not taken: Jealous brother claims twin earned $10M in Bitcoin"},"content":{"rendered":"

“# The road not taken: Jealous brother claims twin earned $10M in Bitcoin <\/strong>”
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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 Reddit<\/a>or says his own situation is even worse as he\u2019s forced to compare his \u201cdumb\u201d decision to invest in silver against his twin brother\u2019s much wiser decision to back Bitcoin.\u00a0<\/p>\n

The story \u2014 which may be apocryphal given the source is a throwaway account named \u201cTheDumbTwin\u201d \u2014 claims the two brothers each received<\/a> a $100,000 inheritance in 2013 but took drastically different financial paths.<\/p>\n

\u201cI\u2019ve been a silver bug, and I argued that silver was, IMO, the best alternative investment to stocks and bonds,\u201d said the Redditor. <\/p>\n

\u201cHe had just learned about Bitcoin and was adamant that the return could be exponential. I had vehemently argued against Bitcoin, saying that it was pure speculation and would be a total waste of money.\u201d<\/p><\/blockquote>\n

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) all-time high the coins would be worth roughly $9.6 million today. <\/p>\n

The twin claims his brother\u2019s investments are now valued at more than $10 million, while the $30,000 he chose to put into silver has dropped to $26,000 in value. In January 2013, silver was<\/a> worth more than $30 per ounce, while today the precious metal is roughly $24 per ounce. <\/p>\n

\u201cHis wealth in Bitcoin alone is more than 100 times greater than my entire net worth,\u201d he said. <\/p>\n

\u201cHe had just learned about Bitcoin and was adamant that the return could be exponential. I had vehemently argued against Bitcoin, saying that it was pure speculation and would be a total waste of money.\u201d<\/p><\/blockquote>\n

While the story cannot be independently verified, the concept of missed opportunities is one which Bitcoiners are familiar with, given the crypto asset is within striking distance of $20,000 for the first time in three years. Redditors were quick to offer their thoughts and advice:<\/p>\n

\u201cPretty much every single day of your life, you miss out on an investment opportunity that could make you millions,\u201d said<\/a> jackgundy. <\/p>\n

\u201cNever put all of your eggs in one basket,\u201d said<\/a> spatialsilver88. \u201cYou didn’t have to choose between silver and crypto. You could have done both.”<\/p>\n

Unlike well-known twins in the crypto space like Tyler and Cameron Winklevoss whose wealth app<\/a>ears to have risen in tandem given they founded Gemini together, the \u201cdumb\u201d twin claims he \u201ccan\u2019t get over the overwhelming thought\u201d of why he didn\u2019t take the same financial path as his brother.<\/p>\n

\u201cI try to be thankful for what I do have, and I try to be thankful since I know that many other people in the world have it way worse,\u201d he said. \u201cBut I don\u2019t know if I\u2019ll ever get over it.\u201d<\/p>\n

Redditor folkwoodswest, summed it up best <\/a>with a quote attributed to U.S. President Theodore Roosevelt:\u00a0 <\/p>\n

\u201cComparison is the thief of joy.”<\/p><\/blockquote>\n