Strategy "nerves of iron" or how to make money on a crypt without losses

How to make more than 50 thousand with an investment of about 1 thousand dollars? A bunch of fake articles have been written on this topic involving people in various pyramids. Therefore, my post is just a story about personal experience, but not a guide to action.

I got acquainted with the world of cryptocurrencies by chance at the end of 2016: a friend transferred me an amount equivalent to $ 8 for breakfast in a cafe. This transaction was not seen by any regulatory authority, and not a single bank. For me, as a financier with a specialized education, it was a shock. The transaction took place instantly, electronically, and without any kind of supervision. And it could have been not $ 8, but $ 8 billion … This technology is the future, I thought, and began to figure it out.

I studied the world of cryptocurrency, and bought bitcoin a little – it was a very modest investment, equivalent to 0.1 – 0.2 bitcoin. I entered on $ 800, $ 900, $ 1400, $ 7.5 thousand and even $ 14 thousand (although then I thought I was doing stupid things). As a result, I got a little more than 1 bitcoin.

Further I was just waiting. Around people traded – bought in addition, shorted, gave someone to manage, bought cars … I did absolutely nothing. And as a result, my crypto assets have grown more than 10 times in 4 years. This result, alas, was not achieved by those who bought and sold, in general, behaved actively in a highly volatile market.

And here are the rules I deduced from my experience:

  • Extremely rarely revaluate assets. Whatever happens, no matter how bitcoin takes off and falls, investments should be taken into account at a fixed rate fixed in your mind. I decided for myself that my bitcoin is still worth $ 10 thousand now, and in my financial planning I start from this amount.
  • Don’t play. Even professionals fail in this market. There are exceptions, but extremely rare.
  • Don’t invest much, only invest the surplus. If I had 5 bitcoins, I would sell them for $ 10 thousand. With my 1 bitcoin, I am waiting for the level of $ 100 thousand – and it looks like it is not far off.
  • Best time to buy: now. Because you can never guess. And, apparently, there is still potential for growth.
  • Don’t rely on bitcoin. You must always be prepared that its value will fall 100 times, and you will be left with nothing.

That’s all, maybe someone will come in handy.


Don't worry we don't spam

We will be happy to hear your thoughts

Leave a reply

Software Reviews - Saas Discounts - Coupons - Alternative
Reset Password
Compare items
  • Total (0)