50 Cent's Bitcoin Story: The Power of holding

In 2014, when Bitcoin was largely unknown and distrusted by financial, banking, and government experts worldwide—many even calling it a scam—the famous rapper 50 Cent made a groundbreaking move. He accepted Bitcoin as payment for his music album, a time when very few, if any, merchants or sellers were willing to do so.

Through this initiative, 50 Cent accumulated 700 Bitcoins, which were valued at approximately $44,000 at the time. 

However, he subsequently lost access to his Bitcoin wallet.

Four years later, he rediscovered his access key. To his astonishment, the 700 Bitcoins were no longer worth $44,000 but had surged in value to an astounding $7 million. 

Fast forward to today, those same 700 Bitcoins would be worth around $75 million.

This remarkable story perfectly illustrates the power of "HODLing" (a common crypto-term for holding onto an asset rather than selling it). It highlights the potential for significant returns when one holds onto cryptocurrency through market fluctuations.