What percentage of your wealth is invested in crypto-currencies?
I had a rough year in 2016. I was broke, but had mined about 80 litecoins years ago that I discovered half way through 2017. I sent them to an exchange and diversified. When I had income from work, I put it into Crypto Currencies.
I added thousands more over a few months. In January I took out the original investment I had made and the rest is just growing from my profits. Crypto has given me more financial stability than I’ve ever felt in my thirty years alive. At one point I had diversified into about thirty different coins, watched to see which performed the best, and consolidated to about fifteen that I saw had the most potential for growth. Am I gambling? Yes, but I would rather see my money moving up and down with the possibility to make me more, rather than be stagnant in a bank account while the bank gambles with it. There’s too much money invested in these technologies now that although some coins will not survive, there are a few that will come out on top. The key is to choosing wisely what to invest in, and looking at how much room they have to grow. You won’t get rich off of 1 BTC, but if you take that $10k and invest in three altcoins, you can easily triple your investment.
