2024 was an exceptional year for me, as I was able to achieve more than $10 million from trading cryptocurrencies on the Binance platform. But the success was not a coincidence, but rather the result of clear financial stages ๐, precise strategies ๐ก, and smart currency choices ๐ฐ. In this article, I will share with you the financial stages I went through, the amounts I invested, the currencies that made achieving this number possible, and how I invested my profits after reaching this goal ๐.
Financial stages you have gone through
1. Foundation Phase (Late 2023)
Initial Budget: I started with a relatively small amount, around $10,000. This was enough to experiment and learn without taking too much risk ๐งโ๐ป.
Objectives: Focus on learning ๐, gaining experience ๐ ๏ธ, and using risk management strategies ๐ฆ.
2. Expansion Phase (Q1 2024)
Budget: With some small profits ๐ต, my portfolio grew to around $50,000. I started putting more money in from my savings after gaining more confidence in my strategies ๐.
Objective: Exploit upward market trends to make bigger profits ๐.
3. Calculated Risk Phase (mid-2024)
Budget: By the middle of the year, my portfolio had grown to $500,000. I decided to invest in derivatives and use leverage in thoughtful ways โ๏ธ.
Goal: To achieve a quantum leap in profits through larger investments in promising currencies ๐.
4. Financial explosion phase (Q4 2024)
Budget: At this point, my earnings were increasing rapidly, with my portfolio crossing the $8 million mark ๐.
Objective: Diversify investments between cryptocurrencies and other fields such as real estate and technology ๐ ๐ป.
How much did you invest in each currency?
1. Bitcoin (BTC)
Investment: Started investing $20,000 in late 2023.
Return: With the market bullishness in 2024, I was able to make over $500,000 in profits from this coin alone ๐ฅ.
2. Ethereum (ETH)
Investment: I allocated $15,000 to Ethereum at the beginning of the year.
Return: Made $300,000 in return after the coin price rose thanks to technical developments ๐.
3. Binance Coin (BNB)
Investment: Invested $10,000 in Q1 2024.
Return: With the expansion of the Binance platform and the increased demand for BNB, my profits increased to about $200,000 ๐.
4. Solana (SUN)
Investment: I have allocated $7,500 to this coin in mid-2024.
Return: My profits increased to around $150,000 after the boom of related DeFi projects ๐ผ.
5. Polkadot (DOT)
Investment: I have allocated $5,000.
Return: Made around $75,000 ๐ฏ.
6. Metaverse Coins (SAND, MANA)
Investment: I put about $25,000 spread across these currencies.
Return: Thanks to the huge interest in the metaverse world, I made a profit of up to $400,000 ๐ถ๏ธ.
7. Small and promising currencies (Altcoins)
Investment: I allocated $50,000 spread across several small coins with strong projects.
Return: Some of these coins like AR, IMX have made profits by multiples, reaching returns of around $2 million ๐ฅ.
Profits and Investment
By the end of 2024, my profits reached more than $10,140,872 ๐ต. I decided to diversify my investments and use the profits wisely to ensure their sustainability ๐.
1. Buying Real Estate: I invested part of the profits in buying real estate and renting it out to ensure a steady, low-risk income ๐ .
2. Investing in technology projects: It has allocated about $2 million to invest in emerging technology projects with great growth potential ๐.
3. Keep a portion of the profits in cryptocurrencies: I kept about $2 million in major cryptocurrencies like Bitcoin and Ethereum as a long-term investment ๐.
4. Diversify your portfolio: Invest in stocks and exchange-traded funds (ETFs) to reduce risk and increase diversification ๐.
Top Tips for Successful Investing
1. Continuous learning: Don't rely on luck, learn to read the market and use technical tools ๐.
2. Risk Management: Do not invest more than you can afford to lose ๐ง.
3. Diversification: Don't put your money in one currency, but diversify between currencies and projects ๐ช.
4. Daily follow-up: Stay informed of market news and the latest developments ๐.
Thanks to these strategies and stages, I was able to turn my investments into a fortune of over $10 million ๐. Success is possible for everyone, but it requires planning and hard work ๐ช.
