A man who risked it all by investing his whole life savings in Bitcoin is now a multimillionaire – a story we’ve all heard before, let’s face it.
But what we’re not used to hearing is that same man thinks being rich ‘is boring’.
The investor says it felt like he used a ‘cheat code’ to obtain the huge fortune and that he doesn’t deserve it, according to the Daily Star.
Prior to becoming rich, he worked as a content creator for almost a decade and earned around £25,000 a year.
He claims that he’d ‘never acquired a taste for expensive things’ and opted to save his money, rather than spend.
Credit: Alamy
In 2014, he discovered Bitcoin and ‘fell down a deep rabbit hole’ after putting all his savings on the line.
As we know, Bitcoin, like all crypto, is extremely volatile so it the value can quickly go up or down, with the risk level being very high.
Posting on Reddit, the anonymous investor said: “I know that many here think Bitcoin is a huge speculative gamble and after riding through a major up and down, you are preaching to the choir.
“Regardless, I love the idea of it and fell deep down the rabbit hole – reading and watching every bit of content I could find.
“Over the span of a year and a half I put almost everything I saved into it – figuring my earnings would set me back ahead even if it tanks. (Again, crazy/foolish I know).”
Three years later, in 2017, he was in a position that would allow him to cash out a clean £2 million after tax.
Credit: Alamy
He added: “Around this time, I was trying to learn how to ‘live off the interest,’ get off that crazy rollercoaster, invest responsibly.
“I jammed everything into a simple three fund index-based portfolio of US Equity/Foreign Equity/Bonds.”
By 2019, he’d racked up a whopping £26 million and took a break from work to travel, meet friends and start new hobbies.
Sounds pretty incredible right?
However, the investor says that he now has a ‘two-fold problem’ where he it seems that he can’t ‘recreate’ that initial buzz he got and also feeling like he ‘doesn’t deserve’ the case.
“I’m at the same mental place a lot of people get to when they hit their number,” he said.
“I used to love my job and it was a source of lots of excitement in my life. Hard to recreate that with just money, but I also don’t feel like doing the work it takes just to get the high-status stuff.
“And don’t …….
