Developer Regrets Selling 55,000 BTC in 2012 as Asset Reaches Record High
Last Updated: 20 December 2020
Like most investment assets, Bitcoin carries risk. There are many who got in its early days and cashed out, and who are now licking their wounds because of the decision. With Bitcoin riding a historic high, Marrti Malmi, an early Bitcoin developer, shared the story of how he jumped the gun and sold a stash of the asset.
Not the Best Decision
Malmi took to Twitter to share an unfortunate story. As he explained, he was an early Bitcoin developer, and he had amassed a significant number of the asset. Sadly, he went ahead and sold 55,000 BTC before 2012.
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