It's been almost exactly a year to the day since I first made the decision to invest all of my savings into a combination of Bitcoin and Ethereum.
Thought it would be fun to reflect on that and some of the lessons I've learned from doing so in today's video.
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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You must be in a really good position financially because of your move, surely you can afford more than one video game ;)
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Nice. My 1 year anniversary of going all in on crypto will be at the end of May.
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Congrats on the gains you've made so far!
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Thanks you too! I wish I lived outside of the US so I could participate in more ICOs but it's whatever I'm still able to grab coins after they hit exchanges and dump.
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Always best to let ICO coins hit the exchange and wait for investor boredom before the project is launched. Look at MaidSafe lol
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I usually sell my position when an ICO hits exchanges then buy back in after the dump if it's a project I believe in. That way I can take some profit plus end up with more than I had originally.
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excellent choice
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wow! Congratulations. I’m still on my way to learn how cryptocurrency works. 😊
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I am still slowly learning my way round , yes I did think fiat was something to do with that car maker , and think what the heck !!
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you got guts to do that, but if youve been holding for the last year, im sure your doing well
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Congrats, Louis. You deserve it.
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Wow amazing i like it
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Wow this post is listed in trending! Congrats.
Learn how to avoid
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I really like your story in your cryptocurrency investing - I had a great year as well. But more remarkable to me would be to learn and follow your example of how you have built such a great following Steemit and YouTube!
I'm happy to give you my upvote!
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Congratulations @louisthomas! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
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To support your work, I also upvoted your post!
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Great video. I made my first investment in crypto in January 2017. I have been lucky and seen a really good return. Yes, I invested into something that I did not truly understand, and that is extremely volatile. I am thankful for my luck rather than my savvy investment skills.... Initially I only focused on Bitcoin. Since then I have built a portfolio of around 15 projects that I believe in for the long term. In today's market there are way too many coins and tokens without a real use case and without fundamental value drivers. Eventually this will blow up and we will see a real market crash. Nobody knows when so be careful out there.
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I agree that there are too many coins with great ideas and no way to implement. There will be a shakeout and the platforms that do have the organization to get their systems working and adopted, will make today's investors a great deal of wealth.
Many people, including myself, get too caught up in the short term swings - instead of taking the 5 year approach of building and holding a well diversified portfolio.
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The streaming speed and quality is so much worse on DTube than on YouTube. I hope it is going to improve in the future.
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its a good idea to include the youtube video within this post too - but it takes an extra step of doing the youtube video, and then doing the dtube video so the youtube url can be included in the description...
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A really wise choice i might say i got into the world of crypto 3 months ago 1 month before the crash! i dont have a good profit but i learned so many things about cryptos that i fell in love with them! So now every month i get my salary a little bit of this money is going into cryptos!
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I am doing much the same now with my cryptos - holding 40/60 alts/btc and adding on to diversify across a range of coins when I have new btc earnings come in.
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