This story is crazy. It’s hard to believe the truth of it, but given the market he used to generate the gains, the volatility was certainly available to grow money at quick rates. I do want to throw out this disclaimer though… while I find this interview extremely inspirational and motivating, all of that is derived from something outside the money. Let’s face it, these results are not typical and should not be the reason you venture into all of this. Of course, you should want to make money, but if you are only going to be happy with the amounts you’ll hear.. the odds are HIGHLY likely you’ll be disappointed. What I found most interesting and motivating with out guest, “Zentaro”, is how after an unfortunate career experience, he was left in a rough spot. He could have used it as a crutch and excuse but he didn’t. He put the axe to the grindstone and took matters into his own hands. I don’t want to say anything else at risk of spoiling, so let’s go!
Notes:
Today we interview community member Zentaro from the Netherlands. He tells us about his time as a policeman before he was honorably discharged. This led him to try to find another form of income.
A friend had suggested he start trading CFDs. After a week of trading on demo, he was profitable and thought all he needed to do was fund an account and he’d be rich. In the first week of trading on a funded account, Zentaro made 50% of his entire account value and thought he figured it all out. Unfortunately that is not how it would work out.
After losing a few thousand Euros, it was suggested that he start to trade cryptocurrencies. This was around the time of the US elections and speculated on TrumpCoin and PutinCoin. These trades eventually went to zero.
Cryptocurrency was something that made more sense to him though. He continued to have an interest and ultimately turned 12,000 Euros into over 800k. Now he risks less than 5% per bitcoin on trades while still trailing his winners.
Zentaro has been diversifying his income by purchasing rental properties and owns a drone business where he is the official Dutch distributor. He has also started to utilize the Grow Rich course by focusing on dividend stocks to help set up his retirement accounts for the future.
Quotes:
They said I couldn’t operate in society. They gave me a little welfare support and that was it for me. I was only 35 years old.
In this chat room you were just a robot and pushing the button. A puppet.
If you do your homework correctly, you’ve got some real coins that will go up over time.
I’m looking for second homes to buy to put up for rent. I also started the Grow Rich course. I’m accumulating dividend paying stocks.
For me it’s only charts. I use price and volume as leading indicators.
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