I started my bitcoin adventure just this July 1, 2017. I started my investment with a small amount of money. Then just right after my first investment made the price of bitcoin fall. So its an immediate loss in my part. Then to lessen my loss i made an additional investment and then hard fork came in the name of bitcoin cash. I made a good amount of money with that when i converted it to bitcoin. Then when price fall again to $1800 level i grab the opportunity to buy more bitcoin while everyone is selling.
Now is close to 4 months now and i have close to $19,000 worth of investment to crypto. Here is my new goal for the next 2 years. I want to make 10x of what i have right now. How will i do it? I want your expert opinion here guys to achieve my goal. Here is what im currently doing, i trade ones in a while or when i see opportunity. Then i want a long term hold to bitcoin. I trade altcoin for profit then use that to buy more bitcoin.
What else should I do to make my goal a reality? I have read in some thread that some people have already made more than 10x of their investment.
By the way to be safe i also have ledger nano s to keep my crypto in cold storage.
Share with me what is still needed to make this goal a reality.
Thanks
99% of the ingredient is luck.
Most of the x10 x100 profits you see people bragging about are because of the rise in btc price.
If you venture trading prepare not only to gain but also to lose. If there would be a magical formula in trading that we could all apply we would be billionaires , right?
Probably the best advice would be not to invest in the unheard of coins that the shills will start promoting here in the replies
.
Second would be to just keep on holding your bitcoins till you're comfortable with the fiat gains.
