So I quit my 90k a year job to trade crypto, and became a millionaire 7 months later.
Yup as the title reads, I quit my 90k a year job to trade crypto full time. Now I know most of you are thinking this guy is an idiot and took a huge gamble, I am and I did but boy did I get Lucky.
So this is how the story goes.
In December of 2016 the was an attempt to scam me using bitcoin as payment. At the time I had never heard of it but instantly was curious. so I spent the next 2 weeks researching before I finally spent $1900 on some bitcoin. I spent the next 2 months learning about cryptocurrencies and how to navigate exchanges
In May of 2017, I had begun my 4th month of crypto trading and struck gold. I had purchased a larger some of Antshare/Neo before it rebranded and made a large sum of funds. At that point I spoke with my wife and she was willing to allow me 6 months to make it happen. So I went full nerd, I was getting up at 5 am reading everything crypto. On my break, I woulddd have different crypto related interviews playing in the background and it stayed like this for 3 months.
Fast forward to September, and this is where I realized that crypto isn't just about knowledge, it's about connections. I had come in contact with a now good friend @dream-o and we began to share ideas and trading tip. well, let's just say in one month I had tripled my years salary working with him.
Moving on to November/December I sat down with my wife and told her the exciting new, we could possibly hit 1 million by the summer of 2018, and she was super excited. little did we know, crypto was about to go bonkers. My portfolio started rising 70-80k every couple of days until it finally happened. We had broken a Million 7 months ahead of schedule. I couldn't believe it, I couldn't eat for the next 2 days I was that excited. Once the excitement wore down, i had to make a tough decision, Keep holding or secure major profits. We decided to pull 30% of our holdings and ride the rest out.
The reason we chose 30% was to cover all of our debts ( Mortgage, student loans, 2 cars and cc) and have a nice lump sum cash. After doing so, crypto decided to go for a 2nd round of madness and I found myself in the 7 figure crypto club again. So we took another 20% out, lucky for us this turned into a great deal as bitcoin plunged from all time highs to some pre-December prices. I have since restored some fiat into crypto and will be pulling soon as I only did it for some short term gains.
As of now, I don't do much day trading, I invest in ICOs and collect payments from my master nodes. I have picked my long term horses and I plan to ride them to the end. If taken seriously crypto can change you life, but at the same time fools will lose every penny the own. Thank you for joining me.
My youtube page: https://www.youtube.com/crypto2crypto
Woooohooo!!! Glad you heard me, man!!
You know it brother. We make a good team 😛
Holy shit congrats. I'm getting moderate success from trading, but nowhere close to the returns you're seeing
2017 allowed for this, May not be as easy in 2018
I have a feeling 2018 will be an even bigger year
Bigger yes, as volatile I hope not
incredible how crypto can change lives... ! I will be following you closely in the future and hope we maybe can exchange some knowledge :)
I look forward to seeing many more informational steemit post from you!
It surely can. I am hoping to do more coin breakdowns in coming future.
So what are your "long term horses" currently?
Eos Nuls Xzc Vee ven
crazy story
tell me about it lol :)
Glad to see another friendly face. Like @dream-o was to you, you have been a great mentor and help to me. Hopefully together we can continue our wonderful journeys. Much love, bud.
I'm glad we have each other. You are a major Asset to this journey
Great story man! And congratulations, you won the game :)!
Thanks my friend. Game isn't over yet. I have to face the Final boss. TAX MAN
Amazing story. Most of us aspire to achieve and reach the 7 figures. Well done and I hope you have the financial freedom to pursue your dreams now. Don't forget to give back to society as there are divine forces that find their way of giving back more and being wealthy doesn't change who you were before the 7 figures.
I guess my way of giving back would be educating those around me.
If you all ever have any question about specific coins. I am always willing to do DD videos. I find this is a good way to find coins i may have overlooked
Well done! Very interesting. I will watch your You Tube and get back. Really interested. I’ve subscribed.
Thank you. I'm always here to help if needed
what do you think of the "china ethereum" Tron and its sub counterparts: gifto, Odyssey, Qtum, Gtc
Not a fan of tron at all. I do love Quin though
Hi! GZ for the success! What do you think of QASH token and worldbook + liquid platform?
Did you have any kind of financial background or knowledge before doing this? If not that is really impressive how you not only grew your portfolio but you did so without any prior knowledge of financial markets. As the saying goes over 90% of traders lose money.
Any advice on where you learned, what concepts you read about, videos you watched, people you listened to, etc. I know you said your friend helped you alot but was just curious how you went about it.
No real financial background, I’m in the medical field. When I return home I’ll get you a playlist of people I listen to often