A Beginners Guide Trading Cryptocurrency
Yup as the title reads, I quit my 90k a year job to trade crypto full time. Now I know most of you are thinking this guy is an idiot and took a huge gamble, I am and I did but boy did I get Lucky.
So this is how the story goes.
In December of 2016 the was an attempt to scam me using bitcoin as payment.
At the time I had never heard of it but instantly was curious. so I spent the next 2 weeks researching before I finally spent $1900 on some bitcoin. I spent the next 2 months learning about cryptocurrencies and how to navigate exchanges
In May of 2017, I had begun my 4th month of crypto trading and struck gold. I had purchased a larger some of Antshare/Neo before it rebranded and made a large sum of funds.
At that point I spoke with my wife and she was willing to allow me 6 months to make it happen.
So I went full nerd, I was getting up at 5 am reading everything crypto. On my break, I woulddd have different crypto related interviews playing in the background and it stayed like this for 3 months.
Fast forward to September, and this is where I realized that crypto isn't just about knowledge, it's about connections.
I had come in contact with a now good friend @dream-o and we began to share ideas and trading tip. well, let's just say in one month I had tripled my years salary working with him.
Moving on to November/December I sat down with my wife and told her the exciting new, we could possibly hit 1 million by the summer of 2018, and she was super excited.
little did we know, crypto was about to go bonkers. My portfolio started rising 70-80k every couple of days until it finally happened.
We had broken a Million 7 months ahead of schedule. I couldn't believe it, I couldn't eat for the next 2 days I was that excited.
Why I won't buy Bitcoin with Robinhood
Once the excitement wore down, i had to make a tough decision, Keep holding or secure major profits. We decided to pull 30% of our holdings and ride the rest out.
The reason we chose 30% was to cover all of our debts ( Mortgage, student loans, 2 cars and cc) and have a nice lump sum cash.
After doing so, crypto decided to go for a 2nd round of madness and I found myself in the 7 figure crypto club again. So we took another 20% out, lucky for us this turned into a great deal as bitcoin plunged from all time highs to some pre-December prices.
I have since restored some fiat into crypto and will be pulling soon as I only did it for some short term gains.
As of now, I don't do much day trading, I invest in ICOs and collect payments from my master nodes.
Central Bank Maintains Ban On Crypto
I have picked my long term horses and I plan to ride them to the end. If taken seriously crypto can change you life, but at the same time fools will lose every penny the own. Thank you for joining me.
My youtube page: https://www.youtube.com/crypto2crypto