INVEST ON PURPOSE
Despite being 55 years old I was determined to find a way to build a nest egg suitable for a comfortable retirement. I needed to find a way for my money to grow over time and to keep growing even after retirement from a full time job. I had to come up with a financial plan that was not too risky yet with high returns.
After several months of research and about a year of trial and error I decided to invest fully in crypto currencies. Having literally thousands to choose from, it was important for me to begin with a fundamental understanding of the different functions and risks associated with crypto investing. Only then could I determine if this new technology would align with my investment goals.
I needed a combination of crypto assets. In the short to medium term I needed a high liquidity stable coin bearing an interest rate of at least 6%. For the medium to long term I needed a high interest bearing asset with expected steady annual returns of at least 20%. For the long term I needed a hard asset that is expected to double in value every year over an average of four years.
After several months of research and about a year of trial and error I decided to invest fully in crypto currencies. Having literally thousands to choose from, it was important for me to begin with a fundamental understanding of the different functions and risks associated with crypto investing. Only then could I determine if this new technology would align with my investment goals.
I needed a combination of crypto assets. In the short to medium term I needed a high liquidity stable coin bearing an interest rate of at least 6%. For the medium to long term I needed a high interest bearing asset with expected steady annual returns of at least 20%. For the long term I needed a hard asset that is expected to double in value every year over an average of four years.