From $1 to $67,600 per Bitcoin – Max Keiser Boasts 6,800,000% ROI

by

As a researcher and observer of the cryptocurrency market, I find myself continually fascinated by the success stories of early adopters like Max Keiser. His investment strategy in Bitcoin since 2011 has paid off exponentially, yielding an astounding ROI of 6,800,000%. It’s a testament to his foresight and conviction in the potential of digital gold.

Max Keiser, a strong advocate of Bitcoin, has disclosed the profit he’s made from his Bitcoin investments since it was only worth about $1. In simpler terms, he’s revealing how much money he’s earned compared to what he initially invested when Bitcoin was trading at such a low price.

Keiser, who serves as an advisor on Bitcoin matters to President of El Salvador Nayib Bukele, recently emphasized that he’s been amassing digital gold since 2011, when the value of Bitcoin was only $1. In essence, Keiser started buying Bitcoin shortly after its enigmatic creator, Satoshi Nakamoto, stepped out of the public eye.

By now, he proudly stated, his ROI on the Bitcoin he holds has soared to 6,800,000%.

I started buying Bitcoin in 2011 at $1

My ROI is 6,800,000%

— Max Keiser (@maxkeiser) October 24, 2024

According to standard practice for Bitcoin owners, Kaiser has consistently kept secret the size of his BTC investments, given that he’s been accumulating Bitcoin for approximately 13 years.

Additionally, he continues to be a dedicated Bitcoin maximalist, often criticizing alternative cryptocurrencies such as Ethereum, Ripple (XRP), Cardano (ADA), and Solana (SOL) on various occasions. Notably, these three coins are frequently targeted in his social media posts.

Today, Keiser voiced his critique about Cardano’s native currency, ADA, in a tweet, saying, “Just as with all ‘s-coins’, the value of Cardano/ADA is likely to keep decreasing relative to Bitcoin.

Around a week ago, Keiser expressed his prediction on Twitter that Bitcoin might start trading at approximately $220,000 within a short timeframe. This forecast was based on the surge of gold to a record high for the past four years, reaching $2,713.88 per ounce. Gold last achieved this historic price level during the pandemic in 2020.

Read More

2024-10-25 14:08