Programmeable money, that is just what the world has been waiting for ! Or at least, I was. The idea of programmeable money on a distribute hack-proof ledger, that is absolutely brilliant. The technology was sure to attract attention and investments. Apart from being a brilliant idea in terms of technology, people just love to collect and trade stuff so they love to collect and trade cryptocurrencies. Trade also attracts money. Cryptocurrencies attract a lot of money from investment and trade, and well, I was looking for ways to make money online :)
I had a look at Bitcoin in 2011, but I was too busy with sailing to get involved. Then in 2014, we had a ransomware attack on a server and I had to get some Bitcoin to pay the ransom. That was how I got involved in cryptocurrency. It is amazing ! I loved the exchanges. As business economist I liked the potential of cryptocurrencies to function as bearer bonds, and fractional shares, amongst others.
We got the ICO-frenzy in 2017, with the first bubble. I made more than a decent profit in 2017 on Ethereum and Bitcoin mainly. I like having a financial buffer. I read a lot of articles on ‘how to make money online’, but that all mostly requires a lot of work. As business economist I figure “let the money work for you”.
Money money money !
Usually people become interested in investing and stock after 40. Same with me. I always worked for the money, now let the money work for me.
programmeable money is the future
learn from your mistakes, do due diligence, investigate.
only invest in liquid markets with a good exit.
read the works of George Soros
bubbles are a natural normal part of the economy