CRYPTO – Don’t Make My Mistake I first heard about Bitcoin in September 2010, when a business associate asked if I knew anything about it. I didn't, but to spark my interest, he gave me $100 worth of Bitcoin, valued at $0.06 each. The following month, when BTC doubled, he encouraged me to invest, so I bought $900 worth at $0.11 each. This made me the owner of 13,636,363 BTC. At the time, there weren't many places to use BTC, so I happily sold my BTC for $0.54 each. As they say, hindsight is 20/20. If I had held onto my BTC, it would have been worth around $1.44 billion USD when BTC hit $106,000.
Will there ever be another BTC story? I believe so. If the US Securities and Exchange Commission stops targeting Ripple, we might see it. But there are other ways to make a good amount of money in crypto.
Take AI16ZUS (often referred to as ai16z) for example. With a market cap of $2.5 billion USD, it rose 287.66% in 12 days, 582.81% in one month, and 889.56% in one quarter.
These are impressive numbers, and managing this and other DeFi tokens correctly can make you financially comfortable. Worth $1.44 billion USD? Probably not, but who knows—the financial world is changing right before our eyes.
I will start sharing thoughts on other tokens that might be interesting to watch or invest in. Like I did, start small—$100 USD—and see where you end up. A $100 investment with a 287.66% gain gives you an account balance of $387.66. Take back your initial $100, and you now have $287.66 risk-free to invest in other fast-moving tokens. Don’t gamble; take your time, do your research, and reap the benefits.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.