Today i'd like to share with you how my crypto journey with bitcoin began. This all started about 5 months ago. As some of you may or may not know, this was the peak of bitcoin, hitting over USD19,000, which piqued interest of many around the world and needless to say, mine as well.
First of all, i needed to know what this bitcoin cryptocurrency coin was all about, but let me save the details for a different post. I started my 2 week long research into this digital currency, looking at the different ways of embarking on this journey. There were many ways which I discovered, some of which were investing in the coin directly, mining and trading. I eventually decided on mining bitcoin. And i settled on contract mining for a start. It was a straight froward decision for me, although with slightly lower profits, there were no overheads, equipment maintenance and other headaches.
I was ready to possibly lose a portion of what i was investing, as the possible gains would outweigh the possible losses. So I decided to research and test a couple of platforms, and also took some risks and went against my better judgement to embark one of them(i was tempted by the good returns, but since then this site has been shutdown), so the important note:"if it's too good to be true, it probably is too good to be true.". I eventually found a platform that wasn't a scam that gives a daily stream of bitcoin, and where people on the platform have had no issues withdrawing bitcoin to their digital goods wallets. Here's the link that i'd like to share with you for Bitcoin Mining at hashflare.io.
So what I'm doing is waiting for the right time to sell(Hopefully USD30,000 to 1btc), if I sell it at USD10,000, that would bring in total of USD14,000, which yields a USD2,000 profit(about 17%), but if I sell at USD30,000(btc price), then it'll be a 250% profit. So I'm in for a longer game. I'll share my strategies and what i recommend in another post as well as i don't have much time for now.
Please feel free to share your ideas or thoughts with me along the way. Have a great day and see you again soon.
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