Tips on How You Can Easily Turn 3 Figures Into 6 With Cryptocurrencies

How to invest your money into cryptocurrencies.Photo by Alesia Kozik from PexelsFour years ago, I knew nothing about cryptocurrencies but managed to turn a hundred dollars into six figures. I’m not a genius but followed basic principles that many investors use today. You can as well.Let me explain, this is not the same as what day traders do. Personally, I am not a fan of buying and selling within a day or two.You don’t need a college degree or education like a financial advisor. These are simple rules you can easily follow.This will not guarantee you will see six figures since your results may vary.Personally, I have invested for the last two decades so I was used to turbulence in my investment. The turbulence, or rise and fall, in cryptocurrencies, is something you have never seen before unless you traded penny stocks. This is how volatile this market is.Cryptocurrencies can suddenly drop thousands of dollars before you even wake up. Bitcoin whales are doing their thing and trying to get you to sell your investment at a loss. Don’t fall for that and be patient.The market will return before you know it.“It’s money 2.0, a huge huge huge deal.” Chamath PalihapitiyaIn 2017, it took me a while to understand Bitcoin and the cryptocurrency market. Bitcoin reached its previous all-time high of around $20,000.Back then I didn’t understand the market but fortunately, I didn’t have a lot invested. I invested $100 in Bitcoin.Then I started to add more Bitcoin and altcoins — cryptocurrencies not named Bitcoin.I got involved with a few platforms that didn’t work out and lost some money. Be careful when investing in cryptocurrencies under the cover of a multi-level marketing (MLM) or network marketing company. These usually don’t work out in the long run.Then the Bitcoin market dropped…