So, about a few months back at the time of annual review of my crypto portfolio, I decided to invest in a new cryptocurrency called the Titan Coin (TTN) upon the recommendation of a friend. I was not very hopeful at the time, as I generally avoid investing in new altcoins unless, of course, it has proven great potential in the past.
Buy at low price
The first rule, as you may know, of the crypto industry is to buy at a low price (in order to sell at as much high price as possible). So, I waited for some time for the Titan coin price to go low before investing.
30-Jul-2019
To start with, I purchased 1 million TTN at the price of 6 Satoshi (0.00000006 BTC) per coin. So, my effective investment was 0.06 BTC in July 2019.
Hold for a considerable time
Initially, I wasn’t planning to resell my TTN assets for a long time. In fact, I didn’t even get the chance to recheck the coin status (price, value, market cap, etc.) for some months. And when I did, in December 2019, the coin was trading at almost double the price that I had originally purchased it.
I was happy with the coin performance, to say the least. But, I wasn’t in a hurry to sell it at that price. So, I decided to hold back.
Sell at a high price
Of course, the common way of making profits in any kind of investment is to sell at a higher price than you originally bought. I, however, follow a slightly different approach.
With any investment, my first goal is to recover my original funds back. So, I was waiting for the TTN price to go significantly high for me to get back my original amount without losing my investment. In other words, I wasn’t looking to sell it all.
I got the perfect opportunity when the coin price hit an all-time high of 33 Satoshi in February 2020. So, I decided to sell 1/5th (200,000) of my titan coins so as to recover the original amount.
At the price of 0.00000033 BTC per TTN, I got 0.066 BTC for the trade and am still holding 4/5th (800,000) of my original titan coin investment, with an effective price of 0.264 BTC (at today’s rate).
Now that I have recovered my original investment back, I am not very much worried about where the market goes next. However, I am very sure that my holdings in titan coin will continue to give me good returns for many more years. I plan to sell some parts of it every year, ideally when the price is significantly high.
To conclude, the Titan coin is a good investment for everyone looking to make high profits from crypto trading this year and beyond. The coin ROI has increased from the time of launch, as per the CoinMarketcap report.
OMG, you are the one lucky person who tried to do it. Your first post was about Titan and last Post also Titan coin. You are pointless people, you never mentioned that you invested 0.006 BTC in this coin. Now you are telling and every year you will earn from it. Only matter of time you will take back your interest when will dump.
