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How to Become a Whale

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How to Become a Whale

Sorry for the semi-clickbait, as becoming a whale is not really an option for everyone, but I do believe it was an option for many.

Part 1

I tracked this whale historically back to the beginning starting 2012 with a named bitcoin wallet

Bitcoin Wallet 1099663

https://bitinfocharts.com/bitcoin/wallet/1099663

As you can see, he started accumulating bitcoin on 06.05.2012 for a whopping $5.06 each.

I think that was a really bald move, as it was already up 5500% compared to 2010 and it was also down more than 80% compared to the Peak of 2011 which was 29$. Anyway, our whale decided to go full ape in and invested not less than $350 000 in. It is a lot of money for sure, but not like a β€œretire with a Lambo” much money. In 2012 having $350 000 savings put you somewhere between the top 10% and top 5% depending on your income.

After the initial investment our hero had to buy some pizza or pay some amazon delivery so sold some of his investment just to get it closer to the legendary 69.420btc and I think he was on the way, but then he realised BTC is here to stay and stopped selling his precious digital gold.

Edit: For some reason, half of my post disappeared so let me fix it.

Cont:

Part 2

On 09.04.2013 he decided to move his funds to another wallet.

https://bitinfocharts.com/bitcoin/address/1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx

By 2013 his investment was up to 3500% which is not bad in a year I guess!

But our hero is not a spending type of whale so he just went into full HODL.

Between 2012 June and Today(14.12.2021) Which is a whopping 9+ years he only sold twice. Probably to cover some expenses, but really nothing fancy, considering the amount of money he has.

Sold 1:

Expensive pizza 1

Sold 2:

Expensive pizza 2

I can’t copy his full history for that period as it is a very long time, while he was doing nothing just sitting on his thousands then millions then multi-millions.

Part 3

In 2020 our Whale moved his asset to a new wallet again and continued his sacred crusade to not spend any bitcoin and HODL.

https://bitinfocharts.com/bitcoin/address/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6

On the day 05.11.2020, We arrived to a new Milestone as our Hero was celebrating his first Billion and joined the Top ~0.001 wealthiest people on Earth group.

Since that nothing really happened. He is still hodling and peaked at $4.5 Billion 08.11.2021

https://bitinfocharts.com/bitcoin/address/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6

So just to put it in perspective and also TLDR.

Mr. Whale invested $350.000 in 2012 and in 9 years he accumulated 120 000% gain, without spending almost anything from his initial investment. Probably he is not reading but I hope he knows, to get there where he is Diamonds hands are not enough, you need balls of steel as well.

-Fortune Favors the Brave-

Edit: Yes I made a spelling error, but I won't fix it now as many people made a joke! I'll take it like a champ.

Edit2: Those Who says "he was already" rich, cannot really grasp the difference between these 2 number: 350 000 and 4 500 000 000, but let me help you calculate: 128571% Gains. How many of you have that?

submitted by /u/Markmanus
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