Don’t make my $86.25 million mistake
12th April 2021 |
I’ve made a lot of mistakes in the last decade. I’m sure you have too.
I’ve made a lot of mistakes in my crypto journey over that time.
The earliest was not buying around 1,500 bitcoin with a mate when I had the chance. I was ready to go, but the volatility scared us.
Did we really want to potentially throw a few grand down the drain?
We didn’t see just how much upside potential there could have been. It was an $86.25 million mistake. But you soon learn to get over such things.
Luckily it didn’t thwart my curiosity and knowledge around bitcoin and other crypto. Before I knew it, the crypto ecosystem wasn’t just bitcoin any more: there were all kinds of “alt-coins” as they were referred to early on.
It was also becoming easier to get into crypto and to get access to crypto. Soon enough, the big picture really did start to come through.
Now, over a decade later, I like to think I’m skilled enough to understand and describe most things in this space.
The experience, expertise and learnings from a decade-long devotion to this market is invaluable.
I will pass these on to my kids, and they will be “crypto natives” never knowing life without crypto as a major part of their global network.
That is what I’m doing here in Sam Volkering’s Crypto Network. Admittedly, for a long time, Frontier Tech Investor was a newsletter that focused purely on stocks.
However, I was adamant in my discussions with our publisher that we needed to help investors to learn about the crypto world, drawing on my experience and expertise.
The aim is always to help you step into the light (so to speak) and open your eyes to the potential that exists in the crypto world.
Since we launched Sam Volkering’s Crypto Network in November 2020, I’ve been preparing you with fundamental knowledge which gives you the foundation needed to become a better, smarter, more astute crypto investor.
Put another way, we are distilling a decade of my experience to build a fast track that will guide you to:
- Avoiding $86.25 million mistakes
- Not losing money to scams
- Properly assessing a crypto before you decide to take the plunge
- And taking a measured, smart approach to a risky asset class that has seemingly unlimited upside potential.
This fast track was not available to me.
I had to become self-taught, often learning lessons the hard way.
Experimentation, testing, trying, winning and losing, were all done without guidance from anyone else.
I wish I had had someone with a decade of experience to help me learn the ropes and to point out mistakes before I made them.
We will help you in another way.
Once we have explained the basics, we will ensure that you will know when it is time to level up your crypto investing. That was something else that I had to figure out for myself.
In reality, only you will know for sure when you’re ready to level up your crypto investing.
But I’m of the view that we can help you a lot in this respect with the resources of Sam Volkering’s Crypto Network.
Read my book. Take in the information from the updates. See the videos. Listen to the audio files. Absorb the reports.
Then you’ll know when you’re ready to level up and really make moves with your crypto investing.
For me there are a few areas of the wider crypto ecosystem that deserve specific, focused attention.
These are areas that aren’t for the beginner, but are suitable for those who have the fundamentals mastered – the crypto investors who are ready to get more advanced, to be more specific in what they do and to exploit the huge opportunities in this market.
As you may know, I am the editor of Crypto Profits Extreme. It only looks at the crypto world. It is for people with advanced knowledge of crypto.
In that premium service, I examine crypto opportunities, no more and no less. I also make specific, high-risk, crypto recommendations that I believe are primed to boom.
But, as I say, it’s not for the beginner. It’s for people who already know how to get cryptos, where to trade them, where to exchange them, how to move from one wallet to another and how to set up new wallets and accounts for safe storage.
That’s also why we don’t just let anyone in as a subscriber to Crypto Profits Extreme. We keep numbers tight and only occasionally open the doors for new subscribers who are ready to level up their crypto game.
We also open the doors to Crypto Profits Extreme at times that the crypto ecosystem is showing an opportunity that simply can’t be ignored.
Right now, I see such an opportunity opening up.
And we’ve been given the green light to open the doors again…
DeFi boom
The way that the decentralised finance (DeFi) opportunity has opened up over the last year has blown me away.
The development, innovation and commitment of capital (both financial and human) has been astounding.
In fact, I’ve never seen progress like this in the decade that I’ve been involved in the crypto markets.
When I presented to a packed audience in Sydney, Australia in March 2014 about bitcoin (at a time that its price was around $500), I was adamant by then we were on the cusp of a world-changing monetary revolution.
In October 2016, when I wrote that the price of bitcoin would hit and surpass $50,000, I was adamant that the first widely used and followed crypto would go on to achieve global dominance.
Now, in April 2021, I’m saying that DeFi will be the next great disruptor in global money, as well as in the world’s financial networks.
Crypto makes possible the decentralisation of power within the world’s financial system.
This is the financial story of the 2020s, in my view.
It could generate far more wealth than bitcoin has been able to achieve on its own since 2009.
If there’s one huge trend in crypto that you should be a part of, my view is that it’s DeFi.
If you’re already a Crypto Profits Extreme subscriber, then you know exactly what I’m talking about. You’ve seen my work on DeFi and seen the recommendations in this space already. Hopefully you agree that it’s a hugely exciting space to be involved in.
I’ve put together a special briefing that has a lot of great information in it. You’re free to check it out as a Crypto Profits Extreme subscriber. But I will note the free reports, the crypto I talk about in there are already recommendations you’ve got, and the reports and video are all content you can already access in your Crypto Profits Extreme login.
I also want to reaffirm that we’ll still be building your knowledge and confidence here in Sam Volkering’s Crypto Network , going forward.
Nothing changes the mission here.
We want to help continue to build that foundation knowledge, making you a better, smarter, more independent and more critical crypto thinker.
Cryptos to Know
Below is our “Cryptos to Know” list where you’ll find several cryptos that we think you should be taking the time to learn and understand.
They each form an important part of the burgeoning crypto ecosystem.
Several of these cryptos are doing very different things to others.
What’s key is to learn that every crypto has its own use cases, its own guiding principles, and its own particular potential.
Each crypto is to be judged and assessed on its own merits.
Our aim here is to help you understand these cryptos and the wider crypto ecosystem.
These aren’t specific recommendations but a guide to help you learn and build your confidence in operating in this space.
We will add more names to this list over time. However, if you’re new to the world of crypto, these are the names where we think you should start your education and learning.
We’ve also added links to each name.
The links are to what we believe, in each case, is the best resource for learning about that crypto.
“Cryptos to Know” watchlist
- Bitcoin – bitcoin.it/wiki/Main_Page
- Ethereum – ethereum.org/en/what-is-ethereum
- IOTA – docs.iota.org
- Tezos – tezos.com/get-started
- Uniswap & 1inch – uniswap.org/faq & help.1inch.exchange/en
- Filecoin – docs.filecoin.io
Regards,
Sam Volkering
Editor, Sam Volkering’s Crypto Network
