I started my bitcoin adventure just this July 1, 2017. I started my investment with a small amount of money. Then just right after my first investment made the price of bitcoin fall. So its an immediate loss in my part. Then to lessen my loss i made an additional investment and then hard fork came in the name of bitcoin cash. I made a good amount of money with that when i converted it to bitcoin. Then when price fall again to $1800 level i grab the opportunity to buy more bitcoin while everyone is selling.
Now is close to 4 months now and i have close to $19,000 worth of investment to crypto. Here is my new goal for the next 2 years. I want to make 10x of what i have right now. How will i do it? I want your expert opinion here guys to achieve my goal. Here is what im currently doing, i trade ones in a while or when i see opportunity. Then i want a long term hold to bitcoin. I trade altcoin for profit then use that to buy more bitcoin.
What else should I do to make my goal a reality? I have read in some thread that some people have already made more than 10x of their investment.
By the way to be safe i also have ledger nano s to keep my crypto in cold storage.
Share with me what is still needed to make this goal a reality.
Thanks
x10? If you want to be so I am sure you have to invest many times, can be said to be short-term investment. Because in 2 years btc price can not increase 10 times. Therefore, you can not buy btc and wait for 2 years to get 10 times the amount. Short term investment, you need to monitor the market regularly to be able to make good use of opportunities when the price changes.