Wednesday, March 14, 2018

My million dollar crypto-trading fuck-ups will make you cringe


In 2015 I had roughly $90,000 to my name before I bought 11,700 Ether for roughly $0.97 each, and over a few months, accumulated 21 Bitcoin (a total investment of about $17,000). Today I have $1.2 million tucked away in retirement and traditional investment accounts, 650 Ether, and 21 Bitcoin. Now, at this point, most people say, “HOLY SH!T, You’re a millionaire!!!” Yep. Crypto made me rich. But… BUT… do the math there for a second. Ether is currently trading over $1000. Had I employed the buy-and-hold strategy, that would equate to about $11 million buckaroos today. Needless to say,…

This story continues at The Next Web

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