{"id":12371,"date":"2021-10-17T20:34:05","date_gmt":"2021-10-17T19:34:05","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=12371"},"modified":"2021-10-17T20:34:13","modified_gmt":"2021-10-17T19:34:13","slug":"a-4-year-old-makes-over-6500-profit-on-bitcoin","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/a-4-year-old-makes-over-6500-profit-on-bitcoin\/","title":{"rendered":"A 4-year-old makes over 6,500% profit on her first Bitcoin holding"},"content":{"rendered":"\n
A Brazilian father's gift of 1 BTC (roughly $915.80) to his newborn daughter<\/a> back in 2017 makes over 6,500% profit as Bitcoin is now worth more than $60,000.<\/h5>\n\n\n\n
\"A<\/figure><\/div>\n\n\n\n

A 4-year-old girl is said to have profited almost 6,500% on a one Bitcoin (BTC) gift \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>she got on the day of her birth.<\/p>\n\n\n\n

Jo\u00e3o Canhada, the creator of the Brazilian crypto exchange Foxbit, gave his newborn daughter 1 bitcoin, which was worth $915.80. Canhada shared the following details about the event:<\/p>\n\n\n\n

\u201cAs soon as my daughter was born, in 2017, I bought 1 Bitcoin for her, not just as a gift, but as a way of investing in this new economy. At the time, BTC cost 5,000 Brazilian Real.\u201d<\/p>\n\n\n\n

Four years later, the child's single BTC investment has yielded a profit of more than 6,500 percent, as the price of Bitcoin has risen back to the $60,000 threshold. Canhada was ignorant at the time that 2017 was the last year for investors to buy Bitcoin for under $1000.<\/p>\n\n\n\n

A 12-year-old London child apparently gained about $400,000 during the school holidays by selling a series of nonfungible tokens just last month (NFT).<\/p>\n\n\n\n

According to a report by Cointelegraph, London-based Benyamin Ahmed produced and tokenized Weird Whales, a collection of digital photos of whale emojis that were then sold as NFTs.<\/p>\n\n\n\n

While Ahmed was unable to open a bank account due to his age, his father stated that the reported revenues from NFT sales had been transferred to Ether (ETH).<\/p>\n","protected":false},"excerpt":{"rendered":"

A Brazilian father’s gift of 1 BTC (roughly $915.80) to his newborn daughter back in 2017 makes over 6,500% profit as Bitcoin is now worth more than $60,000. A 4-year-old girl is said to have profited almost 6,500% on a one Bitcoin (BTC) gift she got on the day of her birth. Jo\u00e3o Canhada, the […]<\/p>\n","protected":false},"author":12,"featured_media":6752,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83],"tags":[152,5144,5143],"class_list":["post-12371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-profits","tag-toddler"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/Bitcoin-trades-at-40-000-for-the-first-time-in-over-a-month.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/12371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=12371"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/12371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/6752"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=12371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=12371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=12371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}