My view (February 2021)

Some background information on investing Given the fact that I have strong beliefs that cryptocurrencies will become a globally recognized and used currency alternative, market caps are still too small for crypto to be a reliable store of value. That's a strong underlying reason current market conditions: high volatility. This high volatility offers experienced traders the chance to benefit and increase the amount of coins they posess. ​ Latest news about Tesla investing in Bitcoin In January 2021, Tesla Founder Elon Musk announced that Tesla Company invested approximately1,5 billion USD in Bitcoin. One man's decision but surely a huge step for the cryto space. Besides the relatively high prices (in comparison to Spring 2020), I believe it is a great time to start investing in my strategy (or another). ​ Interested to invest? I currently advice people who are interested to join my strategy/invest in cryptocurrencies, to set a maximum amount of 'willingness to invest' (WTI). Given the fact that prices have already gone up significantly since Spring 2020, a pullback in the market can be expected. You might doubt whether you stil want to invest at these relatively high price levels. My advice is to invest 50% of your willingness to invest. ​ Scenario 1: crypto prices keep going up and you are glad you invested. You might hear that little voice telling you to invest more, that's FOMO, don't listen. Scenario 2: crypto price levels drop down and you are glad that you only invested 50% of your WTI. You set a target to buy more into crypto when price levels have let's say dropped by 50-100%. For the long-term, nobody will know what happens but it can surely be said that crypto has huge price potential. Would you like to know more or do you want advice. Contact me! ​