TESTIMONIALS. Cryptocurrencies: Outside the world of finance, they are passionate about this “emerging financial revolution”

Caroline can’t get over it on her own. “I was not at all predestined to be interested in the world of cryptocurrencies: I have no training in finance, I have always been zero in mathematics … I also did a literary baccalaureate”, amuses this inhabitant of Loiret. Eleven months after starting to invest part of her savings in these digital assets, Caroline juggles terms that can get the uninitiated dizzy. “Recently, I became interested in video games to make money, or even DeFi, decentralized finance. I really like spotting scams, shit coins … There is a lot to learn!” says excited the thirty who just sold their personal services business.

As bitcoin hit a new high (around 59,000 euros per bitcoin), on Tuesday, November 9, many enthusiasts joined the ranks of “crypto enthusiasts” when they never imagined becoming one day passionate about digital asset management.

A freelancer in the IT world, Nuwan took advantage of a lasting drop in the price of bitcoin in 2019 to learn more about how cryptocurrencies work. “I was looking for a way to grow my savings without touching everything that was stock: in my mind, it was a world where investments took 10 years to be profitable and required the use of numerous intermediaries, such as brokers,” he justifies. this 34-year-old Yvelines resident.

Like Caroline, Nuwan forges through his research his inner conviction: blockchain, the decentralized technology that makes cryptocurrencies work, is the first stone of great economic upheaval. “The more I immerse myself in it, the more I find that it is a nascent financial revolution,” Nuwan observes.

“Anonymous and free changes, safe from governments and financial institutions that can devalue a currency whenever they want …”

Nuwan, cryptocurrency investor

to franceinfo

Convinced, Nuwan buys his first “cryptos” at the beginning of the 2019 school year, for an amount between 10,000 and 15,000 euros. For your first investments, you mainly turn to the two digital currencies with the highest capitalizations: bitcoin and ethereum.

Since your first steps, you have invested the equivalent of “four or five times” your initial sum. His method has also evolved a lot: “Today, I find out about the various innovations that are created around the cryptocurrency sector, such as in video games or the metaverse and I try to bet on those who have the potential to become leaders in their field. “. .

Caroline and Nuwan probably never imagined spending hours searching for news a few months ago before investing their savings in digital assets, but neither of them regret their choice. “I follow the news of the sector during the day on Twitter, I chat with specialist journalists, influencers … At night, I usually participate in voice meetings on Discord to chat with other amateur investors and exchange advice,” lists the former commercial manager. of Loiret.

“The first thing I do when I open my eyes in the morning is look at my phone to check the value of my portfolio of assets! (…) My husband, who got into cryptos in 2018, discovers that I am talking about! It’s too much today! “

Caroline, cryptocurrency investor

to franceinfo

The young woman has no intention of stopping anytime soon: after having bought some cryptocurrencies and above all bought and resold NFT (certificates of digital authenticity for online content, also based on blockchain technology) during the summer, the value of her assets reaches practically 10,000 euros. . Far from the very real 750 euros invested in twelve months.

If Guillaume * jumped on the bitcoin bandwagon, it’s for political reasons. “I had a very bad image of the banking system and financial markets, which in my opinion made the world go in an uneven direction,” explains the 39-year-old Parisian, who became a project manager in IT after having worked as an engineer in yours.

“At that time, I was not doing anything with my savings: I did not want to put my money elsewhere than my brochure A. Lending my money to banks to buy shares with him, I was reluctant to do so.”

Guillaume, cryptocurrency investor

to franceinfo

“Fascinated” by the decentralized operation of cryptocurrencies and convinced by the “promise that bitcoin would become the currency of the Internet,” the thirty spends 630 euros to acquire three bitcoins in March 2015 … and keeps on going. “I didn’t particularly need money at the time. So I looked at the bitcoin price very little and didn’t touch it until February 2021,” Guillaume continues. Then, the digital currency is changed to about 47,000 euros per unit: its three bitcoins are worth 141,000 euros.

The project manager, who nevertheless had great distrust in the world of finance, was then surprised with the desire to “get his hands on” in the cryptocurrency markets, whose activity has exploded in six years. He keeps most of his three bitcoins aside and decides to use “5-10%” to buy and resell less famous coins, whose value sometimes varies much faster. Since February, the thirty have operations “every day.” “Last week I saw a cryptocurrency that worked like one that had exploded a few days before. So I bought it for 0.1 bitcoins. [5 300 euros au moment de l’entretien] before reselling everything ten minutes later, because the price had risen 20% ”, laughs the Parisian.

Guillaume would not have believed that one day he would be passionate about this universe. “But looking back, I tell myself that experimenting, trying things on my own, still looks pretty good on me,” he breathes. However, the investor does not see himself enduring in this jungle: “I am quite satisfied to have discovered this world, but I plan to stop in a few months: all this does not correspond to my values ​​and is quite far. From the extraordinary promise that I am convinced at first. “

Unlike Guillaume, Alexandre intends to spend the next few years active in the cryptocurrency market. Raised “far from the financial world” by a father who works in logistics and a mother as a management secretary, this 24-year-old student confesses to being interested in the subject upon discovering the dizzying benefits displayed by certain followers. “I had just passed the first confinement to telecommuting for my internship from my parents’ house, and I had been able to save a lot of money during this period,” recalls the 24-year-old, a student at the Bouches-du-Rhône, who at the time he moved without much conviction to the commercial sector.

After spending a few months learning about how digital currencies work, the young man invested 2,000 euros in January 2021 in a cryptocurrency destined to finance a project in which PayPal co-founder Peter Thiel participates. “This is an application that will allow the inhabitants of countries facing very high inflation to convert their savings into a stable cryptocurrency, because it is backed by the dollar,” explains Alexandre.

The student tries to keep a cool head, even when his first steps in the markets give him excitement. “The value of the cryptocurrency I invested in quadrupled in May, before undergoing a sharp correction since the start of the school year. I am quite calm, because I believe in this project and I do not plan to sell at the moment, ”he continues. the twenty-something, who now intends to diversify his portfolio by focusing on new stocks.

In any case, his recent passion for the world of digital currencies has profoundly changed his projects: having imagined for a long time evolving in the world of sports, Alexandre started a work-study program in the banking sector. “In my opinion, this is the best way to give credibility to my CV to be able to aspire to work one day in the world of ‘cryptocurrencies'”, he hopes.

* The name has been changed at the request of the interested party.

Rank Math Seo Pro Weadown, Wordfence Premium Nulled, Yoast Nulled, PHP Script, Fs Poster Plugin Nulled, Astra Pro Nulled,Woodmart Theme Nulled, Wpml Nulled, Avada 7.4 Nulled, Woodmart Theme Nulled, PW WooCommerce Gift Cards Pro Nulled, Elementor Pro Weadown, Newspaper – News & WooCommerce WordPress Theme, Nulledfire, Slider Revolution Nulled, Elementor Pro Weadown, Jnews 8.1.0 Nulled, WeaPlay, Business Consulting Nulled, WP Reset Pro, Newspaper 11.2, Flatsome Nulled, Woocommerce Custom Product Ad, Premium Addons for Elementor, Jannah Nulled, Consulting 6.1.4 Nulled, Plugins, WordPress Theme, Dokan Pro Nulled

Back to top button