Peter Saddington is a young man who is not afraid to invest his money in new projects. It was not surprising when he bought several Bitcoins in 2011, even though its price was just over $2.
Last year was a great success for cryptos. Some of them have reached a significant increase in value that some people have turned into profit. Likewise Peter, who still has been holding his Bitcoins. In October last year, he decided to invest some of them in buying a new car. So he get Lamborghini Huracan for 46 Bitcoins, and it was the first Lamborghini bought this way. The price of the car was $200.000. But since Peter bought his bitcoins at a low price, his new car did not cost him more than $115 in total. That’s a good deal isn’t it.
But of course, if he’d hold it for a bit longer, the value of his 46 Bitcoins would be around $760.000 by now. You might say it wasn’t such a good deal as it seemed at a first place. But who knows when exactly is a good time to spend it. You can’t hold it forever, so why not to enjoy some of it, if you can.