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The cryptocurrency market has already created fortunes and multiplied savings: this rollercoaster is a matter of millions

The cryptocurrency market has already created fortunes and multiplied savings: this rollercoaster is a matter of millions

It all started with an investment of 300 euros. In February 2021, Antonio Pedro Magalhães, a 34-year-old radiology technician, decided to buy the XRP cryptocurrency, after talking to friends.

By that time he had invested a larger amount in stocks, thinking about future financial comfort. As the cryptocurrency boat took a high market wave, it succumbed to the daily appreciation of the coin, higher than the stock market would allow. The value tripled in two months. The 300 euros I got was equal to 900 euros. Until it all comes back,” he recalls. Hold on to the fall. “It’s never a good idea to go from over 90% appreciation to less than 30% in days, but I studied this market really hard and held on.” I gained confidence and invested more in Bitcoin (75% ) and Ethers (25%) In the past year and a half, Antonio Pedro has transferred a few thousand euros he owned from savings to cryptocurrencies. Half of the savings are invested in stocks, and the other half in cryptocurrencies. He wants to “make money with money.” Long term.” “But if everything I invested in disappeared, my life wouldn’t change.”

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