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  • Writer's pictureKelvin Wright

Crypto: A brief intro


I decided to have a section here about my various thoughts on cryptocurrency. I am fairly new in that arena, having purchased my first coin(XRP) on a recommendation of a friend. Since then I have done a great deal of reading books and articles, watching many YouTube videos and have made a number of coin purchases since Early December. I do not thinking I am the most knowledgeable person, but I think the past few months have made me a better investor by far, and not just with crypto, but with stocks, equities, bonds., commodities, you name it I have the idea that the majority of investing is not much different than what goes on in Las Vegas, Reno, or Atlantic City, just without the cocktail waitresses. You are gambling to some extent, so the major takeaway with any type of investment is to know what risk level you are comfortable with. Initially, I went into this with a ok amount of funds. Basically since Covid I haven't been able to travel, and I definitely haven't been able to travel to Las Vegas, so money I would have spent at a casino I am using to fund this endeavor. Or that was the original idea. As time as gone on though, and my knowledge of the arena has gotten deeper, I have been funding a lot more purchases. Right now, I am on a timeout as far as purchasing in concerned til next month but it is a very interesting time in crypto, and so far very profitable for me., So in this section, I will break down some of my crypto positions and offer what knowledge I have on the industry.

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