Four-year-old Brazilian earns 6,500% profit on her first Bitcoin gift

The four-year-old daughter of the founder of Brazilian crypto exchange Foxbit – Joao Canhada – has landed a huge profit from a Bitcoin gifted to her at birth.

Canhada gave the Bitcoin to his new-born in 2017 when it was still hovering around $1,000. Today, it topped $62,500.

“As soon as my daughter was born, in 2017, I bought one Bitcoin for her, not just as an ordinary Bitcoin gift, but as a way of investing in this new economy,” Canhada said.

 

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

Previous Article

Russia plans to reduce US dollar share for digital currency

Next Article

Venly unveils integrated Shopify app for merchants to create own NFTs

Read More Related articles