So before you jump into a negative conclusion and think that this all is "nonsense", Just give me some minutes to explain it . My name is Dhabal , I am from a country which is famous for its culture yes, you people guessed it right "India". I am a human being just like you I have 2 eyes, two hands, two legs ....wait wait I think I am wasting your time but let me make this article a bit more interesting . Lets go back in time (2 years before). Yes !!!! 2016 ....
I didn't know anything about cryptos , stocks, trading blah blah blah... In short you can say ,"I was a dumbass. Now I am 18 years old right now . 2 years before when I was 16 ( now that is just common sense ) .I was browsing through the internet, I cam to know about "BITCOIN". Firstly , I thought this to be a coin like gold,platinum.(Earlier as I told you I was a dumbass) . Then this topic just fascinated me as I asked my dad about bitcoin he told me it is a virtual currency. Actually he was also not quite familiar with this word as he is now. "Hello Dhabal you just told us that you would be sharing your story for "Dogecoin" and now you are telling about "bitcoin" , this is the question which you guys are thinking right now , just wait a bit please.
So now I was very much excited to learn about Bitcoin , At that time bitcoin was near about $500 (34000 rupees approx. In Indian currency) . So I learnt what is blockchain, cryptocurrency, satoshi, decentralisation , private key, cold storage and a few more terms. I saw the growth graph and thought that now it is just too risky to invest in bitcoin. " I didn't know that this $500 dollar would have converted into $15,000 after a couple of years "(Now that's a different story I will narrate someday). So coming on to our story I then started to search for coins with very low market cap and also low price . Bitcoin market cap in June was at $8 billion ,so I thought to go for some other altcoin with some million dollars market cap . And then we found out our hero "DOGECOIN".
Now my research started for Dogecoin . Dogecoin was launched on 6 December 2013 with a market cap of $3.4 million and this is a P2P(peer to peer) digital currency which enables you to transfer money online that too very easily . This gave me the idea that the project was good . I saw the graph and from Dec 2013 to June 2016 the market cap had grown to $24 million and the price of the coin was $0.0002 . Now this coin satisfied all the qualities that I wanted in a coin to invest.
When you are trying to do something big then you just are very much afraid but my parents just motivated me and told me that "JUST DO IT".
" I DID IT". Little did I know that this was my first step of becoming an entrepreneur . Years flew by and I kept on checking I saw the graphs ups and downs but I had a very good quality and that is patience . I kept on waiting until on January 2018. "MY LIFE CHANGING MONTH" . When the bull run came and the prices were at peak from January 7- January 15 the prices were fluctuating between $0.011 - $0.015 . Now this was a huge ROI and I had the most to turn out my $0.0002 coin to $0.01. I had 10 million coins untouched .I sold near about 9.5 million dogecoins at $0.12. Now do the maths-
$0.012 x 9,500,000 = $114,000
I changed $2,500 to $114,00.
This was my simple but a bit lengthy story. The key ingredient was a bit" patience" .
NOW YOUR QUESTION WOULD BE WHAT I DID OF THOSE $100k ??
THAT IS A DIFFERENT STORY , WANT TO KNOW JOIN ME SOME OTHER DAY .
What do you think about Dogecoin ????? Do Tell in comments .
Have a nice day .