My BitCoin Journey

So, for the last week I have been on a BitCoin journey.  I know, I’m stupid….  I should have invested a long time ago and now I might have millions.  Better late than never right?

For those who know me, you know I love to learn and love to research.   So, as soon as the BitCoin bug hit me I ran out and started learning all about this strange cryptocurrency.

I’ve discovered a couple of things that I think are important:

  1.  There is a ton of money in this and I believe it is the future.   People scoffed at the idea of the internet and the cellphone also and now look.
  2.  The market is extremely volatile and goes up and down hundreds of dollars a day.    This makes it risky for long term investments but fantastic for short term investments.
  3.  If you want to make money trading BitCoin then you need to take it slow and only play with what you can afford to lose.
  4.   Once you’re in, stop thinking about dollars and think in BitCoin.

I’m getting involved in this for the thrill, but mostly for the money.  I want to take advantage of this revolutionary technology and make money by investing in it.   Will I get rich?  Who knows?  I believe it will be a great investment either way!

 

I’ll keep you posted about my journey!