I've been trading cryptocurrencies for about 3 months now. I started slow and lost small and learned what worked for me. I didn't invest thousands of dollars all at once. In fact, the total amount I've put in is only around 2,000 USD. We're not wealthy people. We will be, but right now we are in a slump and were digging out way out.
Today I told my wife that we made enough money on trades in December to pay our mortgage. So that's what we're doing. We needed to do this because we have had employment issues this year and we no longer have renters in our home. I took a job that should have paid more and then got a pay cut to significantly less. We're fixing our situation with crypto. Things wont ever be this bad again.
I am very proud to have reached this moment and excited to see what's next. I don't day trade, I work too much for that. I just make decisions I believe will pay off. I think that in this market anyone willing to take the time to do it can see the success that I have.
My next crypto goal is generating enough income to focus on cryptocurrency and blockchain. I think I can get there by June or July if I keep reinvesting my profits and continue to cut all our expenses to pour more money into investments.