The Co-founder of Apple, Steve Wozniak recently announced that he has dissolved most of his bitcoin holdings. He made this announcement while he was speaking at a business forum held in Sweden. Previously he stated that he has purchased bitcoin for approximately $700. He made a profit of more than 1000% over this amount.
During his speaking session in Nordic Business Forum in Sweden on January 24, Mr. Wozniak told the audience that he does not want to get obsessed over the price of bitcoin. Therefore, he chose to dissolve his bitcoins and cash out after the ‘shot up’. The statement he made was,
‘I had bitcoin to experiment and when it shot up high, I was not willing to become one of those people who keep on watching it and bother about the number only. I don’t want that kind of care in my life so I sold it all to get rid of it’. Mr. Wozniak also stated that his major interest in Bitcoin is going to take a new move ahead and they will be using cryptocurrency as a means of payment.
After generating a profit of 1000% on his $700 bitcoin investment, Mr Wozniak is entirely contented with his decision. He finds his move of dissolving his bitcoin holding a smart one and quoted ‘If I died and had all this wealth and yachts and all this stuff, would I be as happy as when I laugh? And I thought about pranks I played and jokes I had told and music I would hear that would make me smile, and I came up with my formula that life is about happiness.’