Seven Baby Steps To Becoming a Millionaire in Cryptos - For Dummies
Seven Simple Steps... To Millions!
The main premise of this investment strategy is based upon Warren Buffet's philosophy and contention, that you only need to make about 5 - 6 great calls in a lifetime to become a millionaire. The trick is, to choose VERY CAREFULLY, or... Research, research, research!
Luckily for us, research nowadays, doesn't mean you have to go it completely alone, or from scratch. Most of your research will be the gleaning of other great minds. Much of your job will be reading, listening, youtube videos, etc. You'll be assessing, verifying claims, cross referencing picks. You'll spend much time on facebook, youtube, telegram, reading, listening, and taking notes. Learn how others make their picks, and for the most part, all of their strategies are posted right there for the taking on the open web. This is NOT Calculus!
- A) Go Slow...
- B) Go Steady
- C) Be Methodical...
The Seven Simple Steps
- Invest 2 sets of 500 dollars into the 2 best ICO's you can find in the next 60 days. If and when either ICO Goes Ten X (or ten times its value), sell half.
- Split the proceeds in half ($1,250) and invest in the next best 2 ICO's you can find in the next 30 days. If and when either ICO Goes Ten X (or ten times its value), sell half.
- Split the proceeds in half ($3,125) and invest in the next best 2 ICO's you can find in the next 30 days. If and when either ICO Goes Ten X (or ten times its value), sell half.
- Split the proceeds in half ($7,812) and invest in the next best 2 ICO's you can find in the next 30 days. If and when either ICO Goes Ten X (or ten times its value), sell half.
- Split the proceeds in half ($19,500) and invest in the next best 2 ICO's you can find in the next 30 days. If and when either ICO Goes Ten X (or ten times its value), sell half.
- Split the proceeds in half ($48,750) and invest in the next best 2 ICO's you can find in the next 30 days. If and when either ICO Goes Ten X (or ten times its value), sell half.
- Split the proceeds in half ($121,875) and invest in the next best 2 ICO's you can find in the next 30 days. If and when either ICO Goes Ten X (or ten times its value), sell the entire investment.
All told, at this point, you have cashed out well over a million dollars. You should also have as much as a million dollars remaining invested.
The total number of successful transactions is six.
Should you notice along the way, that earlier investments eventually goes Ten X, just continue the same strategy, retroactively. Continue to follow the same process as other funds eventually reach ten times their value.
With careful research, attention to detail, and a little persistence, you might find that ultimately, your initial investments reach far in excess of the million dollar goal.
Best of luck - and remember, the picks are everything, so don't skimp on research.
I'm sorry but the logic seems flawed. What if none of your first two investments goes ten X?
What if out of the first 2 ICOs you end up with $50.
There is no rule that out of every 2 ICOs one will go 10X
Go through the exercise without assuming one of 2 must go 10X and you have a vastly poorer result
Thanks for commenting. No, this is not an actual investment strategy, but rather, this is a working model of a summary of my understanding of the teachings of Warren Buffet. That being, that you only need 6 good picks to become rich (Buffets words, not mine), and the model that I put forth is one hypothetical example, among thousands, where it demonstrably plays out.
P.S. I might add that I never even hinted that one out of every 2 ICO's would 10 X. (your words, not mine). Anyone can virtually guarantee that 9 out of 10 ICO's will fail. But I will venture to surmise that one out of two of top ICO's will likely 10X - many have 100 x, and some have grown in multiples of thousands. Perhaps they will make up for the lesser performers of the better ICO's. All told, nothing is certain in this market, and no one should invest that which they cannot afford to lose.
Research research research! handwork pays.
resteemed
kryptonia ID: DHANESHPK
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Thanks for reading, and resteeming!
thank you for sharing, such a great post. Will continue reading, searching and put into actions.
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This is great article. Very helpful! Resteemed.
Thanks for the resteem.
nice bro keep it up
Thank you! Appreciate your taking the time to read.
nice!
Thank you for a piece of wisdom for handling investment. I take note that. Have a great day! @fullness2018
Would be nice if all your investments went TenX but I'd say this is more of a unicorn event unfortunately. Only a handful of my investments have gone 10x since I've been investing in the past 6 years.