Best friends doing business : Microhedgefund
I have been trading on the crypto market for around 2 months now, and have seen the market buzzing with activity ! when i first saw this market i was skeptical like i am sure most you where.
i have watched prices of coins sky rocket and then explode ! The excitement in watching your coin grow inch by inch and then the dismay of it plummeting in seconds really is a thrill ride ! people who are not in the market do not understand these thrills. My girl friend cant stand me even bringing the word "bitcoin" or "Ethereum" up.
One morning standing in the shower, i thought to myself ! "shit i wish i had $5000 capital" this got me thinking, how could i get this capital so i could invest in more coins and at the same time get my friends to experience the thrill and excitement of the crypto market!
I got in touch with my friends and introduced them to the market. i told them to go watch a guy on Youtube called Micheal Suppoman. He spoke sense and made it easy for beginners to understand the market.
our plan was to each invest the same amount in the beginning so that each person had an equal stake in the fund. Then each week we invest $30 each into the fund, this will give us the extra capital to grow our portfolio into other coins.
You might be reading this thinking that getting into business with friends is not a good idea. Yes it is not a great idea, that is why i drew up contracts that stated the facts and made them realize that this is a risk! but after doing the research and watching a few Youtube videos, these boys were hooked! We sat down one night and discussed the plan of action. what coins we need to get, short term coins, long term coins and how much we going to invest in. our long term coins were STEEM, ETH,Siaccoin,Golem. our short term coins that we thought might grow rapidly where Bitshare, stratis, BAT, CRB and LBRY
So in the last 2 weeks we have been putting our funds together and have slowly started building our portfolio with the guidance and help of Micheal Suppoman. It has been tough watching our portfolio shrink in the last few days due to the crash but we are holding on tight and waiting out the storm. we know that we will be smiling in 3-4 months time!
For people out there that do not have the capital to invest in the market. This is a great idea to start something small with mates or family members. it could bring you closer as a family and could build a better friendship with friends!
Who knows in a couple of years time you and your friends could be sitting around the table smoking a cigar, and drinking a 30 year old whiskey, you could look back and say " Shit that was a good idea!"
Lambos all the way