My first investment in Bitcoin
Little did I know back in 2018 when I made my first Bitcoin investment that my life would change for the best as a result of this decision several years later.
I had come out of a divorce with no pension and no house and I was in despair living from day to day to get by.
The only thing I had was loads of stuff (ie. clutter) in the form of clothes and household goods and some pieces of jewelry. I dragged it all around with me in boxes which I couldn’t even bare to look at or empty as I had no clue what to do with it all.
I think you know what I mean right? You probably also have these kinds of boxes stashed away in the attic or garage or even in storage because your house isn’t big enough anymore. You probably also recognise that heavy feeling when you look at your stuff and then quickly go and find something else to do to take your mind off it.
However, the stuff will haunt you and follow you around for the rest of your life if you don’t do something about it.
Sell stuff to invest in Bitcoin
At some point I happend to hear about this wonderful lady called Mari Kondo who had developed an amazing method of tidying up, where you only keep the things that spark joy for you and let go of the rest in gratitude.
Wow, my curiosity was tweaked and I soon had read all of her books and watched her Netflix series and vigorously started to go through all the different categories of her method. I started with my clothes, then my books, then paperwork, then Komono (miscellaneous) and finally ending with the Sentimental category.
The journey was amazing and a real eye opener. It’s not just about tidying, the method works deep into your own system, teaching you to understand what to let go of because it no longer serves you.
I sold the various bits of my clutter that had some value and the money I made, which effectively had been sleeping in my home, became the first money I used to invest in Bitcoin.
So this is how my Bitcoin journey started and I’ve never looked back.
Why should you invest in Bitcoin?
By the way, my name is Carolyn and I’m a Bitcoin expert and also a Certified KonMari Consultant. The two fit like a glove and I help women to wake up the “sleeping money” in their home and use it to pay for my course and as their first initial investment in Bitcoin.
So why Bitcoin you might ask? Well I had heard about it back in 2017-2018 and thought wow that sounds like a huge opportunity and maybe I should get some. I had done my homework and read the white paper (link) and knew it was a peer to peer electronic payment system which could cut out the mainstream banks and that there was a limited supply of only 21 million Bitcoin ever to be mined, making it a scarce A Class asset just like gold.
A great book to read is the Bitcoin Standard by Saifedean Ammous
I got really excited about it and became super interested and started to follow some of the GOOD honest Youtubers (there are loads of scammers out there selling shit coins) gaining and expanding my knowledge about Bitcoin and Crypto currencies
I stuck to my selected experts and ventured into investing into other Crypto currencies, first with Ethereum and then Litecoin. I began to follow the markets too.
I had no previous knowledge so I’m a self-taught expert.
A strategy to invest in Bitcoin
By now I had a strategy in place and would use ‘Dollar cost average’ to invest in Bitcoin whenever I had some spare cash floating around at the end of the month, which I didn’t need for my daily living needs.
I was in it for the long term and that strategy of holding the currency whatever the market was doing, along with lots of patience has made me financially Independent today.
Bitcoin is not a get rich quick thing and at the time when I started investing I knew it had been much much cheaper. Just a few years earlier it had been $5 per coin, but I had missed that boat and wasn’t bothered by it. The minute I heard about the Dutchman, called ‘Plan B’, and his amazing stock to flow model on Bitcoin I was even more converted than I already was.
Up until this year I had never spoken to friends about it as they all thought I was crazy when I started back in 2017, so I decided to keep silent. Then, at the beginning of this year when some of my business buddies caught on and asked why I was so excited all the time when I was talking to them.
I then confessed I was into Bitcoin and they begged me to help them get into it too.
Help other people to invest in Bitcoin
So long story short, Bitcoin for Queens was born and now it’s my business to help women become educated in Bitcoin and Crypto because it can initially be very overwhelming and you can make huge mistakes if you’re not careful.
How to grow your investment in Bitcoin
So how do I make sure my investment grows by watching the markets and buying the dips with money I can afford to miss, not take big risks and find the good strong trustworthy Altcoins (Alternative crypto coins other than Bitcoin as she/he is Queen/King). You need to do your homework and never buy the ones that are talked about a lot in the social media/ platforms or media such as Doge coin.
I listen to what goes on in the market (it’s my job to know) and what the sentiment is and then tell my Bitcoin Queens to either buy or sell when there is euphoria in the market or blood on the streets. Lots has to do with that steady Queen’s Method mindset I teach them to develop.
These strategies are proven to be the best and HODL for the medium to long term (minimum of 3- 4 years).
If you do that you will end up with a nice portfolio that can eventually give you the financial freedom you seek. Best is to try and invest up to 0.01 BTC (approx $425 and build from there.) You will then be a Satoshi Millionaire.
Become a Satoshi-millionair
1 Bitcoin can be divided into 100.000.000 satoshis named after the inventor Satoshi Nakomoto (a pseudonym for the person or group who invented Bitcoin back in 2009).
So you can still become a satoshi millionaire and own part of a Bitcoin. How cool is that, because only the very few can afford a full Bitcoin. So we now stack Satoshis.
Start off with Bitcoin and then Ethereum, Cardano and Solana if you want to venture outside of Bitcoin. Only purchase them when there are good entry points in the market and never FOMO in (buying at high valuations for ‘Fear Of Missing Out’ ) which is the worst moment and you could become extremely disappointed when the market corrects with 50% as it did in May this year.
Make sure you educate yourself properly before you just buy. Trading is only for the brave and is a serious and specialised full-time job which takes lots of training. I suggest you learn from the best (Patrick Rozendaal) as on average, 98% of new traders loose when trading Bitcoin.
As Robert Kiyosaki (author from Rich Dad, Poor Dad) said: be an investor, not a trader or speculator if you want to become wealthy.
To end with one of his quotes of wisdom: “If you want to go somewhere, it is best to find someone who has already been there.”
And can’t resist this one either from him:
“If you want to be rich, you need to develop your vision. You must be standing on the edge of time gazing into the future.”
So you want to be rich and successful? Well, start with your vision. What do you want to achieve in the future? What kind of lifestyle do you want to have? What success do you want to achieve?It all starts with a dream and a vision. Steve Jobs once said:“If you are working on something exciting that you really care about, you don’t have to be pushed. The vision pulls you.”Thus, develop your vision. Make it exciting and empowering. Let the power of your dreams and vision pull you.
On this happy note, I wish you all the luck and success in the world and hope that you make smart choices and invest in a safe way, never putting yourself or your loved ones at risk!
All my love, Carolyn