How to Get Filthy Rich Investing in Bitcoin and Other Cryptocurrencies: Why It's Not Too Late to Become a Millionaire Investor With Digital Money - E-book - ePub

Cryptocurrencies and digital money are all the rage these days, with news stories and lengthy online discussions highlighting their successes, trends, and their potential to grow even bigger in the foreseeable future. It is highly likely you have already heard or read quite a bit about cryptocurrencies, and your curiosity has been aroused enough for you to try and learn more about this trend in investing. And becoming a millionaire investor of cryptocurrencies is not some click bait headline.
It is a real possibility for those who become committed to learning all about cryptocurrencies and how to trade and invest them properly for the most profitable outcomes. Let me give you an example using one of my personal favorite cryptocurrencies, Litecoin. On March 20, 2017, 1 Litecoin was worth exactly $3.96. Just a mere 5 and 1/2 months later in September, Litecoin was worth $81.78. That is a 1, 965% increase in less than 6 months.
And it's not like this huge jump came completely out of the blue. Many skilled investors who were involved with and studied cryptocurrencies saw this coming, and everyone who did benefited massively from it. A realistic and relatively small investment of $5, 000 back in March of 2017, would be worth nearly $100, 000 just 6 months later. This is the kind of potential we are dealing with when investing in cryptocurrencies. This is not what you should expect once you begin investing, but it is a possibility.
You should also be focused on the long term instead of trying to get rich quick as that very rarely works out the way you want it to. In this book, we will cover the ins and outs of getting started as a cryptocurrency investor and how you can set up a balanced investment portfolio that can financially set you up very well for the future.