I can safely say I first heard about bitcoin sometime back in 2011. I came across the word on Reddit and I remember not paying it much attention at the time…”stupid internet money”…or something along those lines likely passed through my head.
Boy if I only knew then what I knew now.
I believe I first truly became interested learning and investing in bitcoin in early 2016, however, due to difficulties actually registering and proving my identity on an exchange I had to settle with satisfying my thirst exclusively with the former.
By the time summer of 2017 was in full swing, I was, at the very least, a believer in the potential use cases and benefits of something like bitcoin and other cryptocurrencies, but I still have NO IDEA about the massive underlying implications of bitcoin and blockchain economically and technologically.
Well, maybe it was to my benefit, I’ll never really know for sure, but I spent the bulk of 2017 eagerly watching all over the cryptocurrency market send itself into a fever pitch, from the sidelines…all the while, I wanted nothing more than to GET IN THE GAME…But I had to wait.
I wish I could say it was consummate skill that I first entered the crypto market in February of 2018, following the massive run up and correction of 2017…but if I’m entirely honest, it was probably nothing more than dumb luck that I was able to get in after the correction bottomed out and not before.
I found myself with a remarkable inheritance of plenty of free time throughout 2016 and 2017 so I focused primarily on self improvement. I read many books, watched my documentaries and lectures, networked with many groups, and attempted to learn several new skills.
One of the skills I started taking fairly seriously, was investing and trading penny stocks on the OTC stock market. I treated it like a full time job, in the hours after my day job (I’m deployed military) whenever I could, and soaked up as much information and practical learning experience as possible. This made me…ever so slightly…more experienced in terms of market economics and financial concepts than the average crypto investor, first discovering bitcoin and crypto in 2017 and 2018.
I started a youtube channel, I tried really hard to help educate people, to try and calm some of the ravaging emotions, to try and give folks the tools to lead them to thinking logically about investing. I wouldn’t call it successful, but I definitely learned a lot from the discussions some of my videos created and the feedback I was able to get from my viewers, which, I actually found to be the most rewarding part of being a creator.
So that’s why I’m here, and that’s what I want to do. Create discussion, share my lessons learned, learn new lessons, and make all of it, some what palatable for you to consume.
Through about 3 years of diligent financial planning, disciplined dollar cost averaging, engrossed study of finance, economics, and a wide variety of other topics…
I was able to accomplish the following things…
1. Achieve the ownership of 1 whole BTC (yay 21 million club)
2. Pay off about 75k USD of student loan debt between myself and my wife
3. Pay off about 10k Credit card debt of my wife’s from before we were married
4a. Build a, so far, moderately successful cryptocurrency portfolio of 75% BTC and 25% altcoins (NEO, ICX, ETC, IOTA, ADA) which I intend to hold for the next decade or more
4b. Build a, so far, moderately successful penny stock portfolio for day trading and swing trading and bottom feeding Over the counter pink sheet stocks.
My goals now moving forward are to the rest of 2018:
1. continue to accumulate crypto, I may reevaluate my BTC-Altcoin ratio
2. improve my understandings of economics and financial management
3. double or better my stock market portfolio for the year
4. learn to code and/or build applications for bitcoin and blockchain (oh the struggle)
5. remain active on this blog