Famous People That Have Invested in Bitcoin – UKTN | UK Tech News

Bitcoin is shattering the fiscal diligence as it keeps rising in value and world power. 2020 was a fantastic year for this cryptocurrency and from what we can see, 2021 is set to be even better. As of mid-february, the price for 1 Bitcoin is close to $ 50,000, which is a mesmerizing value and a price that has never been reached before .
The count of investors in the cryptocurrency is counted in the millions and we do not doubt that the network will keep rising. Speaking of investors, we wanted to take a look at some celebrated people that are known to invest and/or own Bitcoin. Before we unveil them, let ’ s provide you with an answer to a very popular question – how do people earn and sell Bitcoins ?
How Do You Make Money With Bitcoin?
You can earn Bitcoin by either mine it or buying it. Mining is a very complex work that requires you to solve versatile puzzles. By solving these puzzles, you are helping to verify are record every transaction made with Bitcoin. The reward for each clear puzzle is Bitcoins.

After you mine a certain number of Bitcoins, trade sites will provide you with the necessary information to make the highest potential net income. As you know, Bitcoin is a highly explosive cryptocurrency and its value changes frequently. Knowing when to sell them can make the deviation between making a significant profit and suffer money .
That is why reputable trade platforms such as Bitcoin Prime UK use advanced algorithms which collect all the data on the commercialize on Bitcoin and analyze it. In doing so, they are able to predict the future monetary value of this cryptocurrency with capital preciseness. That is the reason why this web site has a huge daily profitableness rate and thousands of register users from all around the earth .
now that the action of earning and making a profit with Bitcoin is clear, let ’ s check out which celebrities have dived in this world .
Elon Musk

Elon Musk and his party, Tesla Motors are the latest edition to the earth of cryptocurrency/ Bitcoin. recently, it was announced that the company has purchased $ 1.5 billion in Bitcoin, which is one of the biggest investments in the cryptocurrency in history. not alone that, but some reports suggest that Elon is planning on allowing people to buy cars with the cryptocurrency .
Logic is credibly sitting on a batch fully of cash these days. Just before Bitcoin started surging in 2020, he announced that he will invest $ 6 million in the currency as he believed that it is a smart investment and one that can bring him a fortune. Critics and the alleged experts doubted him, but as it turns out, he was right. At the time when Logic invested in Bitcoin, the value for it was little above $ 10,000, so you can entirely imagine how boastfully of a net income he must ’ ve made .
Snoop Dogg

following up, we have Uncle Snoop, one of the most iconic rappers on the satellite. Back in 2013, when Snoop was set to release Reincarnated, his first base reggae album, he stated that he will accept Bitcoin as a requital method acting for it. Some fans purchased the album with the cryptocurrency, but he ’ randomness been dumb about it always since, so we can not determine how boastfully of a profit he made. What we do know is that the cost for the album was set at 0.3 Bitcoins .
Honourable Mentions
many early celebrities are connected with this cryptocurrency. Some of them are 50 Cent, Paris Hilton, Gwyneth Paltrow, Bill Gates, Serena Williams, Floyd Mayweather, Kanye West, and Mike Tyson. There are no details about their investments, but we are certain that they made a profit with it .

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