He was too young to create an account on Coinbase Exchange, which requires it’s users to be at least 18 years old, but Zillan glossed over the site's terms of agreement and opened an account on Coinbase and Kraken, cautiously purchasing $100 worth of Ethereum.
When Eddy checked his accounts a few hours after investing his first $100, he found he'd already made $10. Though it may not sound like much, but he was floored. He thought: that was crazy to have made a 10% return on investment in a day.
The next day, Eddy put in more cash. This time, it was $1,000.
A week later, he added $5,000, and the week after that another $6,000.
Before long, Eddy had invested a little over $12,000, the entirety of his savings from teaching tennis lessons, along with a tidy nest egg he had received as gifts and his bar mitzvah a few years earlier.
When Eddy began investing in 2015, there were few credible resources offering information on how to invest in cryptocurrencies and was initially sceptical of putting his money into the fledgling cryptocurrency market, which he’d first heard about in reference to the now defunct website; Silk Road, an online black market and the first modern darknet market, best known as a platform for selling illegal drugs which was shutdown by the FBI.
His parents also had mixed feelings about his interest in digital currencies. While his mother approved, his father cautioned against what he considered to be an extremely risky venture.
Meanwhile, Eddy’s scepticism was evaporating by the day.
Within the first few months, his returns had begun to skyrocket. As his gains inched higher, he kept reading more about cryptocurrencies obsessively, sometimes spending hours a day on online cryptocurrency forums or chatting with other investors. Soon, he dabbled into alternate cryptocurrencies — also known as altcoins — and day trading.
In one short year, Eddy’s initial investment had snowballed. His entire cryptocurrency portfolio tallied at a staggering $350,000.
But he continued to educate himself on cryptocurrencies with the few resources available online.
Today, Eddy says that his portfolio sits comfortably at over $1 million and is now turning his eye to another venture in the cryptocurrency field: advising.
His company, Cryptocurrency Financial, offers cryptocurrency-investment advice to businesses and inexperienced investors for a fee of $250 an hour. He has also launched Coinalert.ly, a consumer-focused app, designed to be a mix of resources for cryptocurrency investors, including trading tips, guides, explanations, and news.
Cryptocurrency is the future of money
There is nothing more exciting or lucrative than crypto right now.
It will be very difficult to top the returns that this sector will bring.
One of my biggest goal is to teach people less risky and legitimate cryptocurrency investment strategies.
For enquiries: +234-803-690-3113
facebook.com/williamikiabo
