Another Success Story Investing in Crypto..

With all the recent negative news on crypto and big price drop it is great to still see happy stories of young people who invested in crypto and held on for years to reap its rewards. The purpose of writing about this story link here from nbc.com is to remind people that hodling will pay big dividends down the road.

Started Investing in Crypto in 2017

The story is about Cooper Turley who at the time was still in college and hustling with part time jobs to make ends meet. Any extra savings he had he would invest in crypto such as ETH. He rode through the 2017/18 crypto boom and crash but continue to invest $100 here and there over the years since. Holding on to his crypto since 2017, Cooper finally lucked out when at the start of 2020 he saw his crypto portfolio boom and became a crypto millionaire.

Modest yet Smart and Hard Working

Even after turning into a millionaire it did not stop Cooper from working to continue bettering himself. He used his newly found capital to become an angel investor and he went on to do over 50 crypto projects since his early days of investing in crypto. On top of all that he helped and taught his parents how to invest in crypto.

He progresses in the crypto space by being one of the first to invest in Defi. From there what he earned he spent wisely. Paying off college debt and gifting six figure $s to his mother on mother's day. What an amazing son!

HODLing is Key

Copper admits he is very lucky to have found such a fortune but the reality is not many can have such a fortune. Timing the markets and knowing when to buy low and sell high is a difficult business to do. It is rather much easier to buy and hold to wait for it to appreciate. For crypto space it happened in 2014, 2018, and now 2021 where cryptocurrency coins basically hit all time highs. These moments can never be timed correctly. However people like Cooper is proving that its possible to invest in crypto and become rich just by investing and holding for better days.

I end this post reminding all those who have invested in crypto and who are starting to invest that we have to hold for the long term. These minor pull backs whether its 40% down or even up to 80% down are just volatility. If we truly believe that price appreciation will prevail like what Cooper and other crypto millionaires have, we have to hold no matter how deep the draw down is. Because at the end of the day what may be lying ahead for those who hold is the freedom to live the life they wish to have. Money may not solve all your problems, but money can and will help you achieve your dreams. Hold on to dear life and always remind yourself on every crypto down turn that the finish line is what you want to have and that all the rest is just noise. Good luck hodlers!

Thanks for reading.