Young Man Became a Millionaire With Only 7,500 USD Trading Cryptocurrency
Hello friends, today I want to share the story of Jack Kellogg, a 24 year old young man who began trading since 2017 and has already accumulated 8 million dollars trading between the stock market and cryptocurrencies. |
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The young Kellogg tells us that his strategy has been to not complicate his life with difficult technical analysis, he has only been carried away by volume, resistance and support, I assure you that by keeping an eye on these indicators you will be able to read the market without any problem.
The young entrepreneur tells us that he began his journey with only 7,500 USD and knew how to take advantage of the bullish and bearish market of the years 2020 and 2021, the key to his success has been to turn off his belief in being patient, controlling his emotions and being disciplined. in what he does.
A common mistake made by newbies is to lose their sanity when they see that their investment is losing value and tend to sell at a loss without knowing that in hours, days or weeks the price can return to its investment point and be able to get a small piece of cake at Ultimately, being patient and knowing how to wait for the right moment is a privilege that we rarely have.
The young trader uses one of the strategies that seems interesting to me and the comment could be applied when it comes to operating long or short, he makes the following operations when operating long he usually does so in the Spot market where he usually holds long until that the price of the cryptocurrency that he invested reaches the desired value and when he thinks that the price of the asset is bearish, he does so through the futures market.
Each trader has his own strategy to invest his money and the young Kellogg already has a defined strategy that has allowed him to have great results over 6 years, earning 8 million dollars with only an investment of 7,500 USD is something extraordinary since Luck meets knowledge.
It is true that trading with large amounts of money can give you big profits if your asset goes up in value, but it can also generate big losses if the value of the asset goes down more than expected, and if it is about the futures market, the risk runs. risk of losing everything.
We ourselves are responsible for our act when it comes to investment both in the stock market and in cryptoactive trading, we just have to be cautious and cautious and know the right time to invest, we just have to draw up a strategy that let's keep it till the end.
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