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How to be a an intelligent investor in Cryptocurrency

cryptocurrency

By Kaushal mandalPublished 2 years ago 3 min read
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happy image by pexels

Cryptocurrency is everywhere now it has become a household name everybody is talking about it be it teen or aged everyone is talking about it.

The guy who is making it happen is our "rocket man" Elon musk. Who is not only supporting but owns some of it he is one of the reasons and another reason is making millions from cryptocurrency.

Making millions from cryptocurrency

Today our main point of attraction is making millions from cryptocurrency and is it real.

So I have seen an article where it was written that a teenager was an early investor or we can say believer in the cryptocurrency thing and made some early investment into it when it was at 1$ and now bitcoin all-time high was around 60000$.

So god knows how much he had bought and how much he holds by the time but in that article, it was mentioned he is a dropout from school and now working on his business.

So it was way back in 2010 this is now old news and we can't invest in that now because 60000$ is someone's yearly wage now, Yeah that's true no point in investing at that high point early investors are the only ones who would stay.

But every coin has two sides and if you are not following the crypto trend, then you missed this one too in recent times a new-age billionaire was born just investing 8000$.

New age billionaire from just 8000$

shiba Inu image by pexels

New age billionaire the word itself sounds so cool and that just by investing 8000$ made billions not millions it is one greatest return on investment.

This investment was made on Shiba Inu a meme cryptocurrency token when it was valued less than zeros the guy just bought a whopping amount of tokens by the investment of 8000$.

This investment was made in 2020 august a year back and by now when Shiba Inu was at an all-time high he was sitting around 5.7 billion dollars.

This does not feel real but thanks god with the help of Etherscan we can scan the wallet and check or track the details of wallets make me right if I am wrong in the comments.

So this was not old news a year only has passed when he invested in it and became a billionaire now when Shiba Inu was at an all-time high.

So don't feel sad if you have missed the opportunity because it is not that late to make billions from cryptocurrency.

Am I late for cryptocurrency investment

I guess the answer is a big NO!! and the crypto market is still new and looks great for investment from here till next 4-5 decades as we are shifting from fossil fuels to green energies and more green energy comes in mining use. Then to it would pump one reason and there are many reasons, for now, you can follow so that you don't miss any of the content or a crypto opportunity.

But cryptocurrency investment is still risky because it is not regulated and frauds are happening online and that to in crypto it happens everywhere. So before investing in any project read about it and invest the only amount which you can risk loosing.

My total investment in crypto

So its been a year since 2020 march, I have been investing in the crypto and definately had made some good returns from it by just investing 25$ made in 2020 march it has turned to around somewhat 550$ in all crypto assets including nft.

Conclusion

This is all what is happening around crypto and digital world, still crypto investment is risky before investing please do research and then only invest.

cryptocurrency
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About the Creator

Kaushal mandal

Hi, my name is kaushal mandal and I am a computer science graduate and a crypto believer.

Currently getting treatment for pancreas and fighting it

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