Steve Wozniak Decided to Sell his Bitcoin

Steve Wozniak Decided to Sell his Bitcoin

Steve Wozniak made quite an interesting decision. The co-founder of Apple announced that he had actually sold all his bitcoin. The announcement was made by Wozniak at the Nordic Business Form.

Wozniak purchased his bitcoins at $700

The decision that Wozniak has taken is quite interesting considering that many people are now interested in investing on the cryptocurrency market. When the market is of very high interest for everyone, Wozniak seems to have decided to end his investment in cryptocurrencies.

Wozniak allegedly first started to look into this market when the price of bitcoin was only $70. However, at that time, the process of investing in cryptocurrencies did not seem that appealing to him. Wozniak purchased bitcoin for the first time when the price of the cryptocurrency was at around $700. Of course, this means that he definitely gained something at the investment.

Of course, the first question that pops to mind is what reason Wozniak had to decide to sell his bitcoins. According to him, it was all linked to the fact that he didn't want to worry about the drops that bitcoin has constantly experienced when it comes to price. Wozniak also said that the sole reason why he bought bitcoin in the first place was as an experiment. He said:

When it shot up high, I said, ‘I don’t want to become one of those people that watches it, watches it, and cares about the number.’ I don’t want that kind of care in my life. Part of my happiness is not to have worries, so I sold it all — just got rid of it — except just enough to still experiment with.
— https://www.investopedia.com/news/steve-wozniak-has-sold-his-bitcoin/

However, this does not mean that Wozniak has no confidence in bitcoin. He actually previously said that bitcoin was better than gold or the US dollar.

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