Forced to Know about Bitcoin
This is my first post on Steemit. So, I will give you some background info about myself and my involvement in crypto currencies.
I was forced to learn about Bitcoin by a hacker two years ago! She encrypted all the files on my server and asked for a Bitcoin ransom. Therefore, I was forced to read and learn about Bitcoin and I liked it a lot.
Thanks to this hacker I have been making a lot of money lately!
Knowledge Reduces Risk (and hence increases Profits)
I am an experienced businessman. I have been investing my money for 15 years in so many fields. I like taking risks but I try to minimize it, and the best way to do that is by learning about the field you want to invest in. That's why when I have decided to invest in Bitcoin and crypto currencies, I started by learning and studying about the whole field. My technical background and my experience in investment have helped me a lot.
Incredible Opportunity But Different Rules
When I studied crypto currencies, I discovered that they offer an incredible opportunity for investment. On the other hand, I have started to realize that crypto currencies are changing the rules of the game, and by the "game" I mean the game of investment.
I started learning those rules, and based on them, I started experimenting! I have been doing this for some time now, and it was an insightful (and profitable) journey.
many crypto currencies investors lack the required knowledge
Unfortunately, I have noticed that so many people investing in crypto currencies are not aware of those rules. Most of them are young people interested in the technology behind crypto currencies. That is great but it is not enough to invest in them. You neet to know the rules of investment to be successful on the long run.
For example, I have watched so many youtube videos about the best altcoin to buy. Most of them were simply wild guesses, and most of them have been wrong!
Back to The Basics
Instead of following the advice of un-informed people, I suggest that you learn some basics of investing in crypto currencies, and then you can make the decision yourself. You will become the expert.
I am intending to write a series of articles about those basic rules that have made about 750% profit so far. I will give real examples as well. I think it would be useful for beginners. From my side, I will benefit from the feedback from other experienced investors. Please tell me what you think.