"It's not a waste to invest when the price is cheap, in the end you will get the profit."
It is already known that the cryptocurrency market is very volatile, following an investment of $1,000 it can climb up to $1 million, but it can also drop overnight to $10 the next day.
In July 2015, a mysterious and anonymous investor bought 2,365 Ethereum (ETH) Initial Coin Offerings (ICOs) worth $733 when the price of the digital asset was trading at $0.31.
However, the investor's wallet was inactive for eight years following no other crypto moving in or out, where the wallet address remained silent even though the price of ETH in November 2021 passed $4,878.
However, the wallet holder who is said to want to test the current state of the crypto market has sold one of his ETH.
A day after making such a move, the investor was found to have transferred around 2,359 ETH worth $4.36 million while the price was hovering at $1,800, thus he now only holds 5 ETH as balance.
It is understood that the investor who bought ETH with a capital of only $733 has managed to generate a profit of $4.36 million in 2,825 days and he might have earned $11.5 million if he sold it when the price of the digital asset was at $4,878.
For the record, many individuals have made millions of profits through investing in crypto but it should be noted that there are also a large number of people who have yet to make a return on their capital.
