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My journey began in September 2017 in the late part of the last bull market cycle. I was just starting out in cryptocurrencies after hearing about Bitcoin's rise to fifteen thousand dollars. Youtube videos and Internet articles of how investing in this speculative market could make me a millionaire quickly garnished my attention and excitement rushed through my veins as the dreams of financial freedom and early retirement clouded my naive and inexperienced mind. I invested in it, and a month later I was already making profit. But then came December, and after that bloody January 2018.
To say that the market crashed would be an understatement. Bitcoin went from being worth 20 000 dollars to the market low of near 3 000 dollars. My Ethereum wasn't doing much better either, and all of the other, at the time unknown to me, coins and tokens that I had bought because someone said it would do well were doing even worse. However, not all of this sounds as bad as I am putting it because, despite being new and naive I was not, completely, irrational. I only put a small amount of money I had from my savings account, roughly two thousand dollars worth that I was comfortable with losing. It was a part of the money I had saved up from my time in the military and being a, then, mid twenties single living with my parents, thus not having many expenses, allowed me for a certain risk exposure. And a 2 000$ crash course into all of this was, in retrospect, one of the best decisions I ever made.
What Goes Up Must Come Down... And Vice-Versa
In the bear market that followed in 2018 to mid 2020 I learned more about the cryptocurrency space as a whole. I started investing in projects that had real world applications and long term potential. Prices were cheap, as the scare of the recent crash had pushed the insane new all time highs back down to affordable levels for new investors with a bit of cash to gamble. And most of what I picked up during that two-year low period is now allowing me today to be making almost a second salary from passive income, in addition to what I am already making when I switched to full-time work with a cryptocurrency company, six months ago at the time of this article. And that is what I have come to share with anyone interested in reading my articles.
I wanted to create something for like-minded individuals. I will be sharing with you the projects I am, have been, and will be involved with in the future that have provided me with this extra income to ease things in a time of financial uncertainty due to recent global events. I am also in the need of a new hobby so it is a win-win situation for the both of us. I will be discussing the good, the bad, and the ugly from my personal portfolio and how in what will be four years in September 2021, I have turned a total, personal, investment of 10 000 dollars into a portfolio worth 150 000 dollars, give or take the market conditions of each day. And now, making a steady monthly extra income of around 700$, I am beginning to cash that out every month to recuperate my initial investment and be essentially profiting off the rest. By my estimates it will take me approximately a year and a half, currently, to get my ten thousand dollars back, perhaps sooner if the market improves and goes higher.
The rest is, and will be then, pure profit to cash out or live off of for the foreseeable future.
It Requires Patience And A Keen Ear
Be sure to follow my story to get to know what projects and platforms I use to make the best Passive Income in this thrilling financial space.
I will be covering a range of topics from traditional trading to yield farming, from staking from your wallet to running a masternode on a virtual private server. All the interesting opportunities I have found and the mistakes I made along the way that have helped me improve, and hopefully help you as well.
As a disclaimer I am obliged to say that none of my articles are financial advice. My content is for informational and entertainment purposes only and does not constitute a substitute for personal counsel or professional advice in finances. What has worked out for me might not work for you. Make sure to do your own research so you can make the most informed decision for yourself.
If you would like to support my work you can use my referral codes when signing up to services I recommend. Binance's exchange referral code in particular allows me to tweak the rewards to give you back 10% of the trading fees in any trade you make, splitting the 20% reward that I would be making alone to fifty-fifty between us (This is not mandatory and you should not feel obliged to do it):
Binance Sign-up Referral
Coinbase Sign-up Referral
