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12 contributions to Bitcoin
How I turned EUR -5k into EUR +500k in 5 years
Hi I'm Kevin, My Success Story - high School dropout, chimney sweep, investment banker, ended 2018 in burnout. I was unemployed and had EUR 5,000 in credit card debt. But I wasn’t done with the financial industry yet... …I still wanted to be among the best in the world. I got a job at UBS in Wealth Management and took out a bank loan to pay off my credit card debt… …and I had another thought in mind. The money from the bank came at a 4% (fixed) interest rate. The stock market averages a 10% return per year. Boom. That’s like printing money… …so I started investing. In 2019, I came across the book "The Bitcoin Standard" and realized that Bitcoin was 100x better suited to my investment strategy than stocks. The rest is history… I became extremely successful both professionally and personally, managing over EUR 200 million in client funds as a wealth advisor and increasing my personal net worth from EUR -5k to EUR +500k in just five years. Nice to meet you guys! -- PS: no financial advice! :) if you are new to investing keep your hands away from leverage!
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New comment 17h ago
0 likes • 17h
@Dr Thomas Webb sounds like a plan
1 like • 17h
@Dr Thomas Webb however the most important thing is to use the information I shared here to build your own strategy that suits you best... I just want to share some inspiration :)
When to sell and take profits?
Hint: maybe never.
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New comment 18h ago
When to sell and take profits?
1 like • 2d
What about switching half of your stack into stocks at the top (probably 2025) of the cycle and then taking a loan against the stocks to buy more BTC at the low of the cycle (probably 2026)... this should result in more BTC than before + additional assets on top.
0 likes • 18h
@Dr Thomas Webb true a not so severe downturn is a big risk... however I hodled through two full boom-bust cycles since 2017 and I would have been better off with this strategy even considering capital gains. Nation states & institutions are coming but you still have behavioral finance at work even for the big players.... the downturns may not be as severe as the last cycles but I think we will still have them.. Also my opportunity costs are not being in cash but invested in stocks.. Regarding the DCA I just won't stop. I only reallocate my invested capital.
How to become extremely rich with bitcoin
https://youtu.be/ymeFtQ3PTaQ?si=VMzZiY0Opb8TKoUW
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New comment 1d ago
How to become extremely rich with bitcoin
1 like • 1d
@Arthur Fox the thing is with the knowledge and experience I have now… I‘m thinking about sharing it, building a course, program or coaching or something because it feels almost a crime not to share it as it is potentially life changing … however as you mentioned above I worry about destroying someones life because he can’t handle the pressure ^^
1 like • 1d
@Arthur Fox see you there :)
I've watched over 2,000 hour of Bitcoin vidoes
And this new one from Michael Saylor is REALLY good.
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New comment 2d ago
I've watched over 2,000 hour of Bitcoin vidoes
0 likes • 2d
Michael is the best.... I use the Michael Saylor model since 2019 (Taking out bank loans to buy bitcoin)...
Will the USA build a strategic Bitcoin reserve?
Senator Cynthia Lummis posted on X yesterday that she wants to build a strategic Bitcoin reserve. She put forward a bill to buy 200,000 BTC per year over the next 5 years. That's 1 million BTC, ie. almost 5% of the total Bitcoin that'll ever be mined. At today's prices it would be $76bn! USA's already the single largest country holding BTC with over 207,000 BTC, with China right behind at 194,000 BTC. This is a huge move and if it were to be enacted, would begin a race for other nations to buy up BTC too. Things are heating up 🔥
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New comment 3h ago
Will the USA build a strategic Bitcoin reserve?
2 likes • 2d
It's the obvious (and probably only) solution to tackle the huge debt problem... the US has no choice but to build it. They are also the biggest nation state bitcoin holder in the world they have a good head start.
1-10 of 12
Kevin Schwarzinger
3
36points to level up
@kevin-schwarzinger-2196
School Dropout, Chimney Sweep, Investment Banker - That‘s my Story!

Active 9h ago
Joined Nov 11, 2024
Vienna, Austria
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