HOW TO ACHIEVE THE SAME RESULTS OF A PROFESSIONAL BITCOIN TRADER WITHOUT TAKING THE INHERENT RISKS

Ugly Old Goat
10 min readApr 6, 2018
A Goat Above the Herd

As a former gold bug and self-taught economist I first heard about bitcoin when it traded par with the dollar and then again at the banker’s ban of Wikileaks and once again with the Cypress banking confiscation taking it over the $200 threshold. But I did not seriously study bitcoin until August 2013. And within 24 hours I realized what it was, looked at a chart, saw a huge head shoulders pattern developing and could not buy enough fast enough.

I rushed to open a Coinbase account but since I had no money when the ACH hit my bank account the first 10 bitcoin purchase was covered by a cash advance on my credit card.

But that’s not all. I have a rule never to give out investment advice. But this was an exception. I was hooked and recommended to all my family, friends, and business associates to buy 10 bitcoin and simply sock them away. Forget about them for ten years and buy more like a savings program. Invest $1,000.00 with the potential of million-dollar gains.

In many cases, I would send a fractional amount of bitcoin. .25 or .1 or .01 bitcoin just to encourage friends and family and suppliers to get started.

This is a common story for us not so early, early adopters.

--

--