Here I am, trying to write my own "I bought Bitcoin at 40 cents"-story. The crypto world is a wonderful world where anyone can invest and trade. It's the new American Dream. Having 100$ to spare, I decided to start a challenge : get 1 BTC before the end of August (two months from now), only with this initial investment. Here is how I plan to reach this goal.
1. Rewards
I admit that it will be hard to get a +2700% return over two months. That's why I need to get coins from another source. Since I have pretty decent developer skills, I will try to get rewards in ICOs. It's a good way to get shares without having to invest real (well, digital) money. However, I know how ICOs are, it's a tough world. I don't want to be a bounty hunter. I will invest and work only for solid projects.
Can you show me the beta version ?
In fact, even if ICOs are not reliable, the important thing is that they are listed on an exchange. Then it's possible dump assets quickly before the price drops. But this is a bit risky, and I don't want to help two guys in their garage creating a coin out of air. What I would prefer is to hold on my investment, and think long term.
When I get some rewards, I will sell a part of them, to get some liquidity, and hold the rest. Rewards will be at least 50% of my goal.
2. Investment and trading
By investing in ICOs and buying other coins, I hope to inflate my wallet slowly but steadily. Hopefully, I will get the right coin and make it explode. If you have any tips, feel free to comment ! As I said, before, I'm more into long term trading. Since I don't have much time and skills, I can't do day-to-day trading.
Maybe this guy could help
3. Steemit and other sources
I love writing, and sharing this experience will help to get my ideas straight and get some advice. If I plan to buy some shitcoin, I hope steemians will get me back on track. Maybe Steem can get me the extra 0.0001 necessary to reach the Bitcoin.
If you have other ideas of sources, share it in the comments.
That's the plan. See you in two months, and probably earlier to see my progression in this quest.