What will a 7-year journey of crypto investment from 2019 to 2026 be like for someone with no capital in hand to financial freedom?
The lessons and valuable experiences will be summarized after each failure. If you are a beginner in financial investment with less than 1 year of experience, I am sure that after reading this article, it will help you avoid losing money and keep more money than most beginners out there.
This journey is not to show off, but I want to create motivation for everyone not to feel inferior about their starting point, just keep trying to focus on a field that suits you.
2017: Just moved to the city and still didn't have a touch screen phone, I was still using a Nokia keypad phone.
2018: Driving for Grab, serving at wedding parties, receiving a scholarship to contribute money to buy my first locked iPhone SE for 4.6 million.
Started experimenting with making YouTube videos, doing airdrop affiliate from here.
2019: Doing airdrop, entering forex trading, specializing in hunting bonuses from forex exchanges when creating new accounts, taking bonus money to trade and withdrawing in VND, from there inviting friends and acquaintances, guiding strangers to earn money and splitting 50-50. => learned how to do affiliate.
The knowledge foundation of reading charts, trading futures, and cultivating patience started from here. I studied various indicators like ichimoku, rsi, macd, parabolic sar,... I always thought it was the holy grail until later I realized that just looking at the chart and adding a few EMA lines to determine the trend to make small trades according to the trend was enough to profit.
I will share how to make money from trading futures later; during this period I mainly traded forex.
2020-2021: Again received a scholarship to contribute money to buy my first PC, started buying my first coins, riding the uptrend wave until 2021, started investing in coins with a capital of $20, with a lot being $50 per coin. I still remember buying Alpaca for $50 and it shot up to $1000; after that, I closed it at $600 because my brother held it and sold it for me, not because I sold it myself.
At that time, I was thinking, being poor is still being poor, being poorer doesn't matter, I still live well. Withdrawing $1000 at that time was only about 22 million, it wouldn't make me richer, so I just held on to see what would happen. And it's precisely because of that foolish thought that I couldn't hold onto even a single dollar of profit from the uptrend in 2021. But fortunately, I only invested the money I had and didn't borrow, so I wasn't in DEBT!
2021: Started the gamefi trend, I earned my first 100 million from gamefi; during that time, anyone who played the game MIR 4 probably heard the name Vỹ Million at least once. My tutorial video about this game on YouTube reached about 1 million views. It was a game that made $2k a month for free, very strong and simple, the gamefi trend at that time was very profitable and easy, from there I had some capital to buy more coins.
During this period, I still didn't have much capital, only increasing from $10-20 each time to $40, $50, $100 because the early uptrend was too inexperienced. I kept reinvesting to buy other coins without withdrawing money, so I couldn't hold onto much.
Fortunately, during this period, I was advised by my acquaintances to do affiliate marketing on Binance and from there focused on hunting events and airdrops organized by the exchange to accumulate capital. Like last season, I earned over $5000 from Binance Alpha, recently wrote an article and received 1 BNB. I kept doing various things and then gathered to buy more coins.
2022-2024: Went through a season of uptrend and downtrend, couldn't keep my money, but gained a lot of hard-earned experience. During this time, I continued doing airdrops, making YouTube videos, doing affiliate marketing, accumulating capital, gathering BTC, BNB, ETH, and many other coins.
By the end of 2024, I managed to cash out about $20,000 to open a traditional business. During this period, saying it was a success wouldn't be entirely true, because by the end of December 2024, you could see the altcoin wave increasing quite strongly, many coins I held rose from a few thousand dollars to tens of thousands of dollars, but I probably only cashed out 1/3 of that, hoping for an uptrend to earn more, and you know how it is now. If I had closed everything back then, I might be richer now.
2025: cash out an additional $40,000 to buy a new iPhone, buy my first car.
Later I realized a few things:
1. I make money better in a downtrend than in an uptrend, because when there's a slight profit in a downtrend, I get scared and close it at x2 or x3, while in an uptrend, even at x10, I don't close it because I imagine it will keep going up.
2. If you're in profit, just take it, even if the price goes further, taking profits is never wrong. I took profits on BTC at $110k, ETH at $4950, I targeted BNB at $1000 but then I wanted to accumulate more and tried to buy more up to $2000, so even with profit I still haven't closed it. This one I had a good position combined with my perseverance, so I held on infinitely.
3. The money I earn from spot is much more than from futures; there was even a period when futures caused me to lose all the money I made.
4. Small capital is not a weakness; it is your advantage because you will learn the same lesson as those with large capital, but your tuition is much lower.
5. Finally, what will help you become wealthy and prosperous sustainably is POSITIVE CASH FLOW; just like me, investing only $10-20, but I was doing many things that generated money, and I kept rotating the capital, accumulating many coins. Later, when the boom comes, suddenly your assets will increase significantly, more than you can imagine.
My main job is full-time with crypto, so I am sensitive to many trends, and I rotate capital to accumulate spot. If you are not in crypto, you can continue your current job and use the extra money each month to invest. As for how to use the money wisely, I'll see you in the next article.
Absolutely do not borrow money for investment; investing is a long-term asset accumulation story. If you have idle money, choose the right coin and accumulate; you won't get rich quickly, but it will be safe for you.
If you can do the following 3 things, you will succeed:
POSITIVE CASH FLOW - INVESTMENT - PATIENCE
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