I heard news about banks testing ripple, knowing nothing about it or how it actually works. Not too sure about how cryptocurrency works at this point either.
SOooo me (after hearing all these storeis about people getting rich off bitcoin) decided it would be a good idea to buy bitcoin and exchange it for 3000 Ripple at .50cents. Thinking it could get to where bitcoin is (not knowing about market cap). Over the next few weeks price of ripple skyrocketd.
So now ripple is worth $3.44 which equals to $10,320. Not bad for my first crypto exchange. At this point I understand ripple and that banks are using it and its only the beginning so I have decided I will sit back relax and sit on my ripple for a year or two.
Now I'm surfing the internet late night 2am as I usually do (I have severe case of insomnia thanks to crypto) . About a week ago I would say. I see that Australian government has invested into power ledger. The news was old but I barely heard about it. So light bulb goes off in my head. Doing no research on it, I decide to buy 5k worth of it at .88 cents
Now Power Ledger is worth $1.88. Whooooa. Made 5gs in one week. Havn't made that much in a week since I use to sell coke to drunk party goers in Vegas (just kidding of course... or..am I wink wink).
I'm sitting close to 15k profit in one month. I might just quit my day job (you know the one I mentioned earlier wink wink). Pretty much I bought on the rumor, kinda late actually bought after the rumor came out and I'm holding on to the coins because they are good coins that I see being around in years to come.
This is my first post on steemit. I will post everyday giving users my thoughts on crypto and other thangs.
Peace out